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/ 17 January 2008

Power cuts to continue on Thursday

Power cuts are set to continue on Thursday, the Tshwane municipality said. ”Once again, load-shedding is due to Eskom generation constraints,” said municipal spokesperson Console Tleane. He said there was a slim chance that load-shedding would not be as ”intense” on Friday.

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/ 8 January 2008

Routine power maintenance ‘a necessary evil’

Routine maintenance at Koeberg Power station was ”a necessary evil” at a time when reserve supplies were low and the risk of load shedding high, Eskom said on Tuesday. ”For five to seven years the reserve margin is going to be low. It’s an agonising decision sometimes, but we have to take a long-term view,” said Eskom spokesperson Andrew Etzinger.

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/ 25 November 2007

Mozambique takes control of Cahora Bassa

Mozambique will finally take control this week of the biggest dam in sub-Saharan Africa, which had remained in Portuguese hands for more than three decades after the former colonial power’s departure. ”We are finally going to be able to use the dam to satisfy the energy needs of our country,” said President Armando Guebuza.

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/ 15 November 2007

Cape Town to challenge Eskom on load shedding

The City of Cape Town says it has asked for a top-level meeting with Eskom over power cuts and their threat to new investments. The request comes in the wake of an announcement by the utility that South Africa faces another five to seven years of electricity failures. Load shedding was to continue around the country on Thursday evening, Eskom said.

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/ 14 November 2007

Load shedding is here to stay

Load shedding was stopped temporarily on Wednesday afternoon but was likely to restart towards evening, said Eskom. A number of Eskom’s power station units were still on unplanned outages and were having equipment repaired. An Eskom spokesperson said load shedding could continue for the next five to seven years. ”Demand and supply are very tight.”

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/ 14 November 2007

Eskom to build power station in Limpopo

Hitachi and Alstom have been awarded the R20-billion boiler and the R13-billion turbine contracts respectively for Eskom’s Medupi power station at Lephalale in the Limpopo Province. ”Medupi will be the biggest dry-cooled power station in the world,” said Brian Dames, managing director of Eskom’s Enterprises Division.

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/ 10 November 2007

Eskom wants to increase electricity tariffs

Eskom is looking at the possibility of increasing electricity tariffs by 18%, South African Broadcasting Corporation (SABC) news reported on Friday. Eskom said the cost of building power stations — at R1,13-trillion over the next 20 years — and the rise in coal prices are to blame for the possible increase.

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/ 28 October 2007

Slowdown takes shine off SA’s mini-budget

As South Africa’s economic growth slows and inflation heats up, Finance Minister Trevor Manuel will present a medium-term budget on Tuesday with decidedly less to smile about than six months ago. While analysts expect Manuel to be more cautious in his revenue predictions, they believe past prudence has left him with enough room for manoeuvre.

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/ 18 October 2007

SA’s poor lose out on solar water heating

Earlier this year, Cape Town was debating a by-law that would make solar water heating compulsory for relatively costly new buildings, and certain renovations. But what of solar water heating for less expensive structures — especially homes being built under the country’s extensive low-cost housing programme?

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/ 17 October 2007

Approval of Bill good news for broadband

The cost of broadband internet access is set to drop significantly with the adoption in the National Assembly on Wednesday of the Broadband Infraco Bill. The Bill provides mainly for transferring Broadband Infraco to the state from Eskom Holdings. Broadband costs in South Africa are considerably higher than the country’s international counterparts.

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/ 16 October 2007

Bill could cut cost of broadband

Legislation paving the way for much cheaper broadband internet access is likely to be approved in the National Assembly on Wednesday. According to a memorandum attached to the Broadband Infraco Bill, the high broadband costs in South Africa compared to international counterparts have been investigated.

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/ 10 October 2007

DA says Eskom caught napping again

Eskom has been caught napping again and has caused massive disruption to the public and the economy, the Democratic Alliance said on Wednesday. ”Eskom has informed the public too late about load shedding and has caused massive disruptions,” said DA spokesperson on Minerals and Energy Affairs, Hendrik Schmidt.

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/ 1 October 2007

August credit growth slows, M3 up

Growth in demand for credit by South Africa’s private sector slowed slightly in August but money supply quickened, leaving the door open for higher interest rates. Central bank data on Monday showed credit demand growth eased to 22,91% year-on-year from 23,13% in July, above forecasts.

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/ 7 September 2007

Generators to banish ‘lights out’ at Twenty20

The three venues for the Twenty20 World Championship — Wanderers, Kingsmead and Newlands — have all decided to use generators as the preferred source of energy to light the games. And this has raised questions about Eskom’s and local municipalities’ ability to handle the much bigger event, the Soccer World Cup, in about 1 000 days.

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/ 5 September 2007

Eskom looks to nuclear plants

South Africa’s largely coal-driven power utility Eskom has hit the limits of its capacity and aims to double output by 2025, with nuclear plants supplying more than a quarter of future energy compared with 6% now. Eskom’s chief executive Jacob Maroga told a coal conference on Tuesday the state-owned firm would cut back on polluting coal-fired plants.

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/ 2 September 2007

Gloomy numbers cloud SA economic optimism

A string of gloomy data has clouded some of the optimism surrounding the South African economy, raising fears of another interest-rate hike and casting doubt on government growth forecasts. Figures released on Tuesday showed that growth had slowed by 0,2 percentage points to 4,5% in the second quarter of 2007.