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Cyril Ramaphosa appointed an Eskom Sustainability Task Team to advise government on actions to resolve Eskom’s operational, structural and financial challenges.
Ramaphosa signaled he doesn’t back a proposal from the struggling state-owned power utility for the government to assume a large portion of its debt.
The biggest publicly traded life insurer in Norway, Storebrand ASA, is planning a total exit from coal by 2026.
The Necsa NTP production facility at Pelindaba, which produces medical nuclear radioisotopes, is back in partial operation.
The electricity provider earlier this month said executives were being consulted over job cuts as it struggles with high debt levels and declining demand.
South Africa’s deputy energy minister expects the latest round of climate talks will make global markets cleaner starting next year and defended her nation’s coal use as a way to reduce poverty.