In spite of a recent stretch of nine consecutive days without power interruptions in October 2023, Eskom has issued a sobering warning, projecting that South Africa may have to grapple…
Browsing: load-shedding
Savings? What savings? This question was echoed by over 50% of respondents in a recent Budget Insurance survey on load shedding’s effect on monthly savings. Those that did have some…
The prolonged electricity crisis and mumblings of stage 8 loadshedding has forced many South Africans to take charge. There’s been a boom in small-scale solar installations, and the sale of generators, inverters,…
The National Treasury is due to release its main budget data for July. Absa group and the Thomson Reuters consensus expect a main budget deficit of R123.7bn, slightly smaller than the…
In a presentation on Thursday, the State owned power utility Eskom said its transmission company will start operating by the first quarter of the year 2025. In 2019 South Africa’s…
Johannesburg has secured bits from private producers to provide 92MW of electricity to help shield the city from nationwide electricity shortages. Last year City Power issued a request for short-term…
Eskom’s Interim CEO announced that the National Treasury has paid an R16 billion debt relief package to power utility Eskom, which will help pay half of the debt Eskom is…
South Africa’s electricity minister Kgosientsho Ramokgopa said he expects to seal a deal with the Chinese government next week that will help solar-panel installers in the African nation secure for…
Eskom announced on Tuesday that due to an improvement in available capacity, load shedding would be suspended during the day (05:00 to 16:00) until Sunday. However, rotational power cuts will…
In the report, Absa upwardly revised its near-term GDP growth forecasts. The group now forecast real GDP growth of 0.7% in 2023 (0.4pp higher than in the last Quarterly Perspectives)…
