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Eskom building

The power utility ruining South Africa is a big winner for bondholders

By: Bloomberg     2nd February 2023 South Africa’s Eskom is not very good at keeping the lights on, but it’s providing excellent profits for bondholders. Eskom’s dollar bonds due 2028... 

Committee welcomes proposal to declare loadshedding a state of disaster

By: Tasneem Bulbulia     2nd February 2023 The Portfolio Committee on Public Enterprises has welcomed the proposal to declare the ongoing loadshedding a state of national disaster to assist... 

Kusile recovery central to 2023 NECOM plan to add supply

NECOM outlines plan for adding and recovering 8 800 MW in 2023  

By: Terence Creamer     31st January 2023 Initiatives being coordinated under the aegis of the National Energy Crisis Committee (NECOM) will seek to add about 8 800 MW of capacity to the... 

More Loadshedding
Electricity Pylons

Stage 6 loadshedding returns on Tuesday night after more breakdowns

By: News24Wire      31st January 2023 Eskom has announced that loadshedding will escalate to Stage 6 on Tuesday night, after six generating units suffered breakdowns over the past 24... 

ANC President Cyril Ramaphosa

Ramaphosa says govt looking into State of Disaster to tackle energy crisis   

By: Sashnee Moodley     31st January 2023 As economically-crippling loadshedding continues unabated across the country, President Cyril Ramaphosa has revealed that government is going... 

A water tap

Cape Town residents urged to reduce water consumption as loadshedding bites

By: News24Wire      31st January 2023 The City of Cape Town is urging residents to use less water as high stages of load shedding are having an impact on water supply operations. Mayor... 

A grocey aisle

Loadshedding is hitting South Africa’s agricultural sector and food inflation is ‘sticky’

By: Rebecca Campbell     30th January 2023 In its latest “Food Inflation Brief”, covering December, the Bureau for Food and Agricultural Policy (BFAP) has warned of the consequences of the... 

President Cyril Ramaphosa

Ramaphosa affirms Nersa’s independence in setting tariffs, but still calls for mitigation solution  

By: Terence Creamer     30th January 2023 President Cyril Ramaphosa has acknowledged that tariffs that reflect the cost of producing electricity are necessary for Eskom’s financial... 

Various stages of loadshedding will be implemented during the weekend

Various stages of loadshedding will be implemented during the weekend

27th January 2023 Stage 4 loadshedding is currently being implemented until 05:00 on Saturday morning, whereafter loadshedding will be reduced to Stage 3. Stage 4... 

Electricity pylons

Breather from Stage 4 loadshedding from Saturday

By: News24Wire      27th January 2023 Stage 4 loadshedding will be implemented until 05:00 on Saturday morning, after which it will be reduced to Stage 3, Eskom said on Friday.  Stage 4... 

Eskom building

Eskom to borrow R4bn for diesel as Treasury dishes out tough love  

By: News24Wire      27th January 2023 The stand-off between Eskom and the National Treasury over funding for diesel has ended with an agreement that government will support Eskom... 

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