Cyril Ramaphosa’s SONA one year in. A must read.
What a difference a year makes. 2018 saw the State of the Nation postponed. Jacob Zuma resigned from his role, giving Cyril Ramaphosa only two days to deliver the speech.
What a difference a year makes. 2018 saw the State of the Nation postponed. Jacob Zuma resigned from his role, giving Cyril Ramaphosa only two days to deliver the speech.
President Cyril Ramaphosa, in a speech at the mining indaba, said Eskom’s contribution to the health of our economy is too great for it to be allowed to fail.
Politics is tying the hands of South African President Cyril Ramaphosa as he weighs policy trade-offs needed to rejuvenate a moribund economy.
There’s been enough bad news about South Africa’s state-owned electricity company in recent months to rattle the hardiest bond investor. Or so you’d think.
South Africa is looking to spend billions of rand to secure energy from megaprojects on the continent at a time when Eskom is broke and struggling to supply enough electricity.
FirstRand has joined the exodus of local banks that were funding new coal-fired power plants in SA.
Nedbank lived up to its slogan as the “green” bank in a decision to withdraw its funding of two proposed new coal-fired power stations in South Africa.
Eskom is facing a mounting repair bill at two new coal-fired power stations that are still under construction, compounding its already dire financial situation.
A refreshing openness by Eskom’s new management has been demonstrated in an exclusive interview with Eskom COO Jan Oberholzer.
With Eskom, the neglect, inaction and short-sightedness date back well before State Capture. During Mbeki’s tenure, energy experts exhorted him to increase power-generation capacity.