South Africa’s rand weakened in early trading on Wednesday as investors awaited local inflation data for insights into the state of Africa’s most industrialized economy. By…
Browsing: Eskom
South African power utility Eskom has successfully restored eight generating units after enacting its highest level of controlled power cuts early Sunday. The outages followed multiple…
According to the US Justice Department on Thursday, McKinsey and Company Africa Ltd, a subsidiary of McKinsey & Company, has agreed to pay over $122 million…
South Africa’s power utility, Eskom, has suspended its notice of potential power cuts to the City of Johannesburg (CoJ) and City Power (CP), which had been…
South African petrochemicals company Sasol (SOLJ.J) and state power utility Eskom announced on Friday that they have agreed to collaborate on exploring the use of liquefied…
For over four months, South Africans have been enjoying a substantial reprieve from ‘load shedding’ due to the surge in rooftop and large-scale solar installations across…
Cyril Ramaphosa, the president of South Africa, refuted claims that his administration had failed over the country’s catastrophic power grid issues on Thursday, claiming that already-announced…
Eskom, a South African energy company, gave back two hydropower units to the government of Uganda after Kampala officials decided not to renew their licence, according…
South Africans should brace for prolonged and even severe power cuts from this week as Eskom has warned of “some risks” ahead. This follows a “very…
Following the contentious departure of André de Ruyter this week, Eskom has named Calib Cassim as its interim group CEO. After his shocking interview with newsmen,…