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More recently, the government chose to relinquish its majority stakeholding in SAA, after it became the first parastatal to go into business rescue. (Delwyn Verasamy/M&G)

Public procurement law is not the problem – people are

The Zondo report delves into South Africa’s procurement web, as it tries to figure out why state-owned entities were able to be captured

Eskom’s double-digit tariff request unaffordable for struggling consumers

Eskom price hike is ‘unsustainable’

President Cyril Ramaphosa.

Relief as Ramaphosa announces surprise energy reform plans

The president says his surprise new energy reform plan will address the electricity crisis comprehensively

(John McCann/M&G)

Oil boom may be the industry’s last hurrah

Biggest players in the game show signs of recovery but a low-carbon future may threaten fossil fuel

Former Eskom chief executive, André de Ruyter. (Waldo Swiegers/Bloomberg via Getty Images)
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Eskom electricity hikes won’t shock SA’s battered economy — De Ruyter

During a podcast discussion, the ailing power utility’s chief executive said there would be efforts to avoid further hurting distressed businesses

Power utility has 4 588MW on planned maintenance, while another 16 142MW of capacity is unavailable due to breakdowns

Eskom will push up the price of electricity, even though its sales have been dwindling

The law of demand says that the higher the price of a good is, the less people will demand it. But Eskom, sales of electricity have been dropping, yet the utility wants consumers…

Eskom will be freed from borrowing more money for its operational needs and capital requirements for the next five years because of the government’s debt relief package and the tariffs approved by the national energy regulator, Nersa. (Photo: Gustav Butlex)

Businesses should use alternative energy sources, industry bodies advise

Business associations are urging companies to continue seeking alternative energy sources in light of Eskom’s court judgement which would allow the utility to bump up electricity…