South Africa playing a ‘dangerous game’ – former World Bank head
Former World Bank president David Malpass has stated that South Africa is playing a “dangerous game” by attempting to pit countries against each other.
The ugly truth behind Koeberg’s delays
Delays in the Koeberg nuclear power station’s life extension project in South Africa are reportedly due to a series of blunders by state-owned utility Eskom and French contractor Framatome.
South Africa’s government needs to change – former World Bank head
Former World Bank president David Malpass has stated that South Africa has tremendous potential but requires significant governmental changes to fulfill it.
Load-shedding to cost South Africa R1.6 trillion in 2023
Elevated levels of load-shedding in South Africa in 2023 could cost the economy R1.6 trillion in lost economic activity, according to Electricity Minister Kgosientsho Ramokgopa. This is R400 billion more than the previous year.
South Africans are in survival mode
The Consumer Financial Vulnerability Index for the second quarter of 2023 in South Africa has highlighted that consumers are increasingly absorbed by their finances to the detriment of personal relationships.
Koeberg Unit 1 “will” be back online five months late — Eskom
Eskom has announced that maintenance on the first unit of its Koeberg nuclear plant will be completed five months later than originally planned, now expected to be finished in November.