Eskom’s $2.5bn loan snub halts climate pact, fuels coal reliance
Despite $2.5bn in untapped loans and a $9.3bn climate finance agreement, Eskom struggles to access funds for critical infrastructure
Despite $2.5bn in untapped loans and a $9.3bn climate finance agreement, Eskom struggles to access funds for critical infrastructure
Amidst slumping commodity prices and operational challenges, Anglo American Plc’s CEO, Duncan Wanblad, asserts his capability to reshape the century-old miner.
Eskom is emitting pollutants from its coal-fired power plants at an alarming rate—42 times higher than China’s.
Glencore is spinning off its coal business, betting that US investors’ love for green (the dollar) will outweigh environmental concerns.
Former Eskom employees and coal-smuggling syndicate members were targeted by a “massive” inter-governmental search-and-seizure operation.
SA’s transition away from the dirtiest fossil fuel has been marred by the botched approach to the closure of a coal-fired power plant.
SA will focus on fixing coal-fired power plants and the longer-term roll-out of at least 50 gigawatts of private renewable energy projects.
Thungela Resources is seeking to buy more overseas assets, as rail bottlenecks hobble shipments by SA’s largest exporter of thermal coal.
Kumba wants to lease the line from Transnet or run it on a concession basis, and would invest in boosting its capacity and efficiency.
Transnet SOC Ltd. is pivoting more and more towards private partners in attempt to grow and improve its port and railway operations.