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Eskom's grid build is too slow. It's time for private sector action - report

Eskom's grid build is too slow. It's time for private sector action - report
news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.

Peter-attard-montalto , Eskom , Africa-climate-foundation , Just-energy-transition , Africa-climate ,

SAA privatisation deal reaches the end of the runway without taking off

On Wednesday, Gordhan announced that the sale of SAA to the Takatso consortium of private sector investors had been terminated — delivering a massive blow to President Cyril Ramaphosa’s reform agenda. 

Attard-montalto , Pravin-gordhan , Cyril-ramaphosa , Peter-attard-montalto , Competition-commission , Public-enterprises , Eskom , National-treasury , Public-enterprises-minister-pravin-gordhan , President-cyril-ramaphosa , Harith-general-partners , Lanseria-airport

New Eskom boss under pressure to turn South Africa's lights back on

Dan Marokane is about
to tackle the hardest job in South Africa: getting the lights
back on.
As CEO of state power utility Eskom, he takes on an organisation
hampered by alleged coal theft and...
-February 29, 2024 at 12:30 am EST
- MarketScreener

South-africa , Johannesburg , Gauteng , South-african , Olivia-kumwenda-mtambo , Tongaat-hulett , Peter-attard-montalto , Jane-merriman , Phakamani-hadebe , Dan-marokane , Mteto-nyati , Jacob-zuma

New Eskom boss Dan Marokane starts job on Friday, under pressure to turn SA's lights back on

Dan Marokane is about to tackle the hardest job in South Africa: getting the lights back on. As CEO Eskom, he takes on an organisation hampered by alleged coal theft and sabotage, which faces financial and technical crises.

South-africa , Mteto-nyati , Peter-attard-montalto , Dan-marokane , Reuters , Eskom ,

Markets, analysts give Godongwana's Budget 2024 a cautious cheer

Sin taxes are going up. But markets and analysts have raised a cautious glass to the 2024 Budget tabled on Wednesday by Finance Minister Enoch Godongwana.

South-africa , South-african , Peter-attard-montalto , Razia-khan , National-treasury , African-reserve-bank-sarb , Linde , Foreign-exchange-contingency-reserve-account , Africa-economist-at-standard-chartered-bank , South-african-budget , South-african-reserve-bank , Reserve-bank

Lukewarm response to Godongwana's balancing act that cues spending reform

Budget big ticket items include the Reserve Bank’s forex contingency reserve’s R150bn to deal with debt and no direct tax increases for consumers.

Lesotho , South-africa , South-africans , South-african , Steve-swart , Edward-kieswetter , Duncan-pietersen , Peter-attard-montalto , Mzamo-buthelezi , Herman-mashaba , Enoch-godongwana , Wouter-wessels

Acting Transnet boss Michelle Phillips emerges as frontrunner after board lists preferred CEO candidates

The board of Transnet — chaired by Andile Sangqu — recently provided a list of preferred candidates to Public Enterprises Minister Pravin Gordhan to fill the CEO position, which became vacant after Portia Derby resigned in September 2023. 

South-africa , Richards-bay , Kwazulu-natal , Michelle-phillips , Pravin-gordhan , Andile-sangqu , Mlamuli-buthelezi , Nosipho-damasane , Mohammed-mahomedy , Attard-montalto , Ellis-mnyandu , Russell-baatjies

Ramaphosa's electioneering and list of achievements leave opposition cold

Although no election date was announced, President Cyril Ramaphosa’s State of the Nation Address left no doubt that 2024 is an election year. Opposition parties remained unmoved by the presidential listicles of his administration’s achievements and those of the governing ANC since 1994. Althoug...

South-africa , Ukraine , Russia , Cape-town , Western-cape , Gaza , Israel-general- , Israel , Palestinian , South-africans , South-african , Mzila-mthenjane

Government acknowledges rolling blackouts will be with SA for years

The energy department has finally gazetted the latest Integrated Resource Plan which says South Africa won’t have uninterrupted power until at least 2030.

Koeberg , Free-state , South-africa , Gwede-mantashe , Fikile-mbalula , Peter-attard-montalto , Kgosientsho-ramokgopa , Eskom , Presidential-climate-commission , Energy-action-plan , Power-producer-procurement-programme , Energy-availability-factor

Can new Eskom CEO Dan Marokane fix broken power utility mired in corruption?

Marokane returns to an infinitely more broken Eskom, this time as the power utility’s new CEO.

South-africa , Gauteng , Durban , Kwazulu-natal , Kwazulu , Eastern-cape , Natal , Mteto-nyati , Peter-staude , Enoch-godongwana , Marokane-eskom , Vally-padayachee