KSE-100: Budgetary optimism lifts index by 118 points
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KSE-100: Stocks close flat in range bound session
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Minister Mantashe must go
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The decision by the Pretoria High Court to declare that the environmental approval for the 600MW Khanyisa coal-fired power station in Mpumalanga has expired must surely drive the final nail into the coffin of an electricity generation future based on coal. This comes shortly after the 630MW Thabametsi coal-fired plant in Limpopo failed to reach financial closure. Add in the fact that Eskom’s overall Energy Availability Factor (EAF – essentially the performance of the state-owned enterprise’s generation facilities) had dropped to an al