South Africa heading for disaster
South Africa is facing a fiscal disaster due to its rising debt burden and poor economic policy resulting in stagnant economic growth.
Eskom needs to triple grid capacity in a decade
Eskom, South Africa’s power utility, needs to triple its grid capacity within the next decade at a cost of over R100 billion to accommodate new-generation projects and put an end to load-shedding.
Taxi strike hits Eskom
A taxi strike in the Western Cape, South Africa, is impacting power utility Eskom’s service levels.
The South African National Taxi Council (Santaco) initiated a seven-day strike against the City of Cape Town, leading to violence and disruptions in the city.
Electricity Minister deliberately misleading South Africans – analyst
Energy analyst Chris Yelland accused Electricity Minister Kgosientsho Ramokgopa of deliberately misleading South Africans regarding the closure of the Komati power station.
South Africa’s solar panel imports hit new record
South Africa’s import of solar panels has reached a new record, with R8.4 billion worth of panels imported in quarter two of 2023, more than double the amount imported in the first quarter 2023.
The total value of imports in the first half 2023 has already exceeded the value imported throughout the entirety of 2022.