The GDP decline comes despite an improvement in energy generation during the quarter, suggesting logistical constraints and interest rates are choking the economy
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The minister said stage six this weekend was prompted by low levels of emergency reserves
The announcement comes as businesses look forward to a weekend of increased retail activity
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The president told the party’s national working committee that Ramokgopa’s reach would be extended as a matter of urgency
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Electricity Minister Kgosientsho Ramokgop has asked for more powers over Eskom board during national working committee meeting
It is imperative that South Africa explore alternatives beyond privatisation
The entity announced a record loss of R23.9 billion for the financial year ending March 2023
The electricity minister says having both generating units at the nuclear power station offline would be a disaster
The revenue service said the syndicates significantly contribute to the energy crisis and load-shedding
Authorities reported that most air quality monitoring stations were frequently offline due to ongoing power blackouts
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The power utility is aiming to ensure there are no power cuts during the day and a maximum of level four from the late afternoons this week
The effort, needed for renewable capacity to come online, will cost about R210 billion
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Eskom said prior to the minister’s briefing that the return of unit three was part of the reason for the weekend load-shedding suspension
Is Kgosientsho Ramokgopa an undercover Gunner?
Central bank governor Lesetja Kganyago said the job of tackling inflation was not done yet
The phenomenon has historically been associated with drier, warmer conditions over the summer rainfall regions of South Africa
For all of South Africa’s political bluster, the raw finances of our economy will remain the determining factor of its 2024 elections
Government processes and disputed debt are delaying the power that Mozambique has offered South Africa
In its latest essential food pricing monitoring report, the Competition Commission notes consumer prices were slow to come down despite easing inflation. Blame load-shedding?
The governing party asks voters to ignore its failings and focus on its long-term successes
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Breakdowns at several power stations that coincided with the ramping up of planned equipment maintenance have led to stage six rolling blackouts
A boost to manufacturing and agriculture’s rebound has seen the country’s GDP expand 0.6% quarter-on-quarter
Eskom will implement stage six load-shedding, or up to 10 hours of blackouts, from Tuesday morning until further notice
Among state-owned entities, the beleaguered power utility is far and away the biggest risk to the public purse
The electricity minister suggested he had cast a wide net to find partners for the country’s fight for reliable electricity
The Turkish-based gas-to-power firm thinks it is ready to swoop in and save the day by quickly providing more energy to South Africa
Policy has laid the groundwork but our future depends on practical challenges being overcome
Despite the economy recovering to its pre-pandemic level, South Africa’s jobless rate is still higher than it was at the beginning of 2020
Planned outages will be short-term pain but long-term gain, minister says
This is in line with its turnaround plan which was approved by the department of public enterprises in 2019.
The growing black market is causing havoc for those investing in alternative energy sources
Electricity consumption dropped by 3.2% year-on-year in June, because of plant breakdowns and unscheduled maintenance