On top of everything else, an economically destructive fuel shortage may be on the cards. South Africa’s largest crude oil refinery, Sapref, said on Tuesday it was shutting down and declaring force majeure on contracts in the face of the ongoing social unrest partly triggered by the jailing of former president Jacob Zuma. The Shell/BP…
By: Terence Creamer In a scathing judgment made on July 28, the court declared as illegal the National Energy Regulator of South Africa’s (Nersa’s) decision to deduct a R69-billion equity injection into Eskom from its allowable revenue for the period 2019/20 to 2021/22 and has instructed that the full amount be added back to the…
Eskom Key Strategic Priorities Update Eskom System Status Briefing
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Today, SACCI President, Adv Mtho Xulu led a successful delegation of the Board and Council members of SACCI in a strategic meeting with the GCEO of Eskom, Mr Andre de Ruyter. Randburg Chamber CEO, Linda Blackbeard, our Past President, Mr Neil Pollock, who is currently the Vice President of SACCI, were proud to be amongst…
POWER ALERT 1 Date: 16 January 2020 A positive outlook for the system today Thursday, 16 January 2020: The system is looking better today as units that were on unplanned outages due to coal handling problems caused by flooding started pumping power into the grid although not yet at full capacity. While the overall system…
Cape Town – The public has until January 20 to comment on Eskom’s application to the National Energy Regulator of SA (Nersa) for a tariff increase to recover R27billion in losses from load shedding. This tariff increase will probably see electricity costs increase by up to 17%. Nersa said it would assess Eskom’s application following…
Stage 2 rotational load shedding will be implemented from 09:00 until 23:00 tonight. Eskom will continue to provide regular updates about the state of the power system through various media platforms.
Yesterday, along with many people, my blood boiled at the stage 6 outage and the drastic effects on our economy. I promised action on my Facebook and didn’t need to say much to encourage the press release of a media statement by our CEO of the South African Chamber of Commerce (SACCI). They were already…
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