Exclusive In The News South Africa XposE´

How independent power producers will bankrupt Eskom and ruin coal mining

Weekly Xposé team Eskom faces the risk of financial ruin if it signs Power Purchase Agreements (PPAs) with key renewable energy independent power producers (REIPPs). Weekly Xposé is in possession of documents which indicate how demand for electricity has slowed down, resulting in significant excess capacity for the power utility. The documents reveal that if the […]

In The News South Africa

Western Cape High Court declares nuclear deals unlawful and unconstitutional

CAPE TOWN – Earthlife activists celebrated outside the Western Cape High Court after it found government’s nuclear procurement processes to be unlawful and unconstitutional. Judge Lee Bozalek delivered judgement on Wednesday to a packed courtroom. The case was brought by Earthlife Africa and the Southern African Faith Communities’ Environment Institute against government in 2015. The […]

In The News South Africa

Eskom confirms it has requested certain procurement exemptions for proposed nuclear build

CAPE TOWN – Eskom has confirmed asking National Treasury to grant it exemptions from procurement regulations for its nuclear power expansion programme. Dave Nicholls, the utility’s chief nuclear officer, said he submitted a request to the office of the Chief Procurement Officer to waive certain requirements in terms of Public Finance Management Act regulations relating […]

Business In The News South Africa

NUM welcomes sale of Anglo’s Eskom-tied coal ops to Seriti

JOHANNESBURG, April 11 – The National Union of Mineworkers (NUM) on Tuesday welcomed the sale of Anglo American plc’s Eskom-tied domestic thermal coal operations to a wholly-owned subsidiary of Seriti Resources, a company majority owned by historically disadvantaged South Africans. This comes after Anglo American announced on Monday that it had sold its Eskom-tied domestic […]

Business In The News South Africa

Eskom’s Medupi Unit 5 achieves Commercial Operation ahead of schedule

OHANNESBURG, April 3 – Eskom, on Monday said they were pleased to announce that Unit 5 at its Medupi Power Station Project in Lephalale, Limpopo, has attained Commercial Operation status. The unit was officially declared commercial after the completion of control performance and the 72-hour reliability tests, putting all performance guarantees to effect. ” Unit […]