Sherilee Bridge
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/ 30 May 2008

Eskom tariff decision quietly postponed

The National Energy Regulator of South Africa has quietly postponed its final decision on Eskom’s application for a 53% tariff hike to June 18. By Thursday the regulator had not yet posted notice of the change in its decision date on its website, despite the conclusion of this week’s public hearings into the proposed tariff increases.

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/ 16 May 2008

Sasol shareholders okay R25,9bn BEE deal

Petrochemicals giant Sasol on Friday said its shareholders had approved its planned R25,9-billion black economic empowerment (BEE) transaction. The world’s largest producer of oil from coal announced its intention to conclude a broad-based BEE ownership transaction in respect of 10% of its issued share capital in September last year.