Sasol executive pay to be linked to emissions?
The petrochemical giant has issued a report on its climate plans, but do they go far enough?
Bongani Nqwababa
No image available
Eskom CFO resigns
Eskom’s chief financial officer (CFO), Bongani Nqwababa, has resigned, the South African Broadcasting Corporation reported on Tuesday.
No image available
Eskom seeks higher tariff hike
Eskom wants the country’s energy regulator to raise a 14,2% tariff hike it granted the utility last year, citing escalating coal prices as it battles a nationwide power crisis. Eskom, which generates most of its electricity from coal, said on Friday it wants tariffs hiked even more than the 18,7% it had initially requested last year but which was rejected by the regulator.
No image available
Eskom needs 45m tonnes of coal
In order to generate electricity efficiently, Eskom will need to buy 45-million tonnes of coal over the next two years, the power utility said on Thursday. Eskom’s financial director, Bongani Nqwababa, said 30-million to 34-million tonnes have already been contracted and only South African suppliers will be used.
No image available
Eskom: SA should expect steeper prices
Embattled South African power utility Eskom warned on Tuesday that current electricity prices were unsustainable and South Africans should expect steeper price increases in the near future. Eskom’s statement comes as the country faces a crisis in the wake of national power cuts.
No image available
Dark times ahead for South Africa
South Africa was set on Monday to ration electricity in a bid to stem a spiralling crisis that has dealt a severe blow to its status as the continent’s economic powerhouse. After mounting anger over daily power cuts that have cost business hundreds of millions of rands, the government said it was drawing up plans that could see consumers fined if they exceed set quotas.
No image available
Eskom asks firms to bid for nuclear power station
Eskom has asked two international nuclear giants to submit bids to build South Africa’s next nuclear power station, a media report said on Monday. The new plant, twice as powerful as Koeberg, would be the first of five or six more nuclear plants that Eskom is planning to help solve the country’s energy shortage.
