Eskom will receive most of the funding, while the rest will go to the trade, industry and competition department and for developing the electric vehicle industry
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
Government departments will be compelled to introduce power saving measures and to move to alternative energy sources
The maligned former Eskom CEO challenged the notion that it was foolish to shut ageing power stations and focus on procuring more renewable capacity
Separating Eskom into generation, transmission and distribution could play a significant role in reducing power cuts
The meeting will take place on Monday night on the energy state of disaster as as anticipation builds over a cabinet reshuffle
Power supply is the remit of municipalities, not the president or national government, Ramaphosa has said in court papers
Our uncle in the load-shedding business sits on his couch and faces zero accountability
If his ‘exit interview’ was to be explosive, the former Eskom chief executive should come out with the names of those ministers who are corrupt
Sources on the board of Eskom believe that chief financial officer Calib Cassim will take over as the next CEO
The finance minister’s commitment to toeing the line may send positive signals to ratings agencies, but at what cost?
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
DA calls former Eskom chief executive De Ruyter ‘brave’, thanks him for his service
The biggest highlight of the budget was the support to aid individuals and businesses to source alternative energy sources
‘Significant intervention’ is needed or the power crisis will deteriorate further, council says
With the country in its 115th day of load-shedding, De Ruyter leaves with immediate effect after accusing the ANC of seeing Eskom as a “eating trough” in an explosive interview
Terrifying example of how the poor functioning of state-owned enterprises – particularly Eskom and Transnet – have negatively impacted the mining sector
However, the treasury still expects the country to achieve a main budget surplus from this year onwards
The debt relief amounts to almost as much as the power utility has received in bailouts since 2008
Power utility says the high court challenge to the increase is flawed in law, and could mean more load-shedding, or worse, a credit default
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
Eskom loses half of its power-generating capacity, opening risks for longer cuts which will entail more than half the day with no electricity
The utility’s R400 billion debt has fed into the country’s 15-year energy crisis and low growth potential, which has been identified as a key credit weakness
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
An energy action plan is slowly taking shape, with significant milestones reached recently, including obtaining a licence for Eskom’s new transmission company
An energy expert calls on the government to support small businesses and households move to renewable energy
In closing the debate on his State of the Nation address, the president said the country was not abandoning coal as a major power source
Cape Town mayor says his party must do all it can to thwart ANC-EFF coalition efforts as the latter will destroy South Africa if in power
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
The former Absa chief executive recently quit as head of the Presidential Climate Finance Task Team
Cabinet sources argue the state of disaster will take away the powers of more ministers than just that of the forestry and fisheries minister
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
DA leader says voters face a clear choice in next year’s national polls after president lost the opportunity to pull back from the brink
The president tells party leaders that the new electricity minister will also be a project manager for Medupi and Kusile power stations
The government has shown that it is willing to explore introducing a basic income grant, which would mark a big step towards achieving growth
The opposition, insatiably desperate for attention, are as much to blame for our faulty system as those who drive it
This content is restricted to subscribers only.
Join the M&G Community
Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.
Subscribe
Subscription enables:
- – M&G community membership
- – independent journalism
- – access to all premium articles & features
- – a digital version of the weekly newspaper
- – invites to subscriber-only events
- – the opportunity to test new online features first
Already a subscriber?
Login here.
Mixed reactions to President Cyril Ramaphosa’s announcement, as minerals and energy minister let off the hook to solve electricity crisis
The presidency has described the decision by the Democratic Alliance (DA) to challenge the declaration of a national state of disaster over Eskom as “confusing” given that the party had been asking the president to do so since last year. DA leader John Steenhuisen confirmed on Friday that the party had already briefed its legal […]