President Cyril Ramaphosa stated that Eskom’s capacity will be increased through renewable energy, natural gas, hydro-power, battery storage and coal in his state of the nation address last week.
According to a report from the commission on state-owned enterprises, The ANC is prepared to endorse a market friendly approach to South Africa’s energy crisis by opening up a way for the independent power producer programme which will include allowing municipalities and businesses to produce its own power, joining CNBC Africa for more is Thembani Bukula, CEO of PowerX.
The pressure is on for Incoming Eskom CEO Andre De Ruyter as he is being urged by cabinet to start his role sooner than the 15th of January. As of recently, the struggling state owned entity has sent shockwaves through the nation with a load shedding crisis that has lasted for 2 weeks. Energy expert Ted Blom joins CNBC Africa for more.
South Africa’s power crisis continues to be top of mind for businesses and society. The ruling ANC is hosting a special meeting today to discuss immediate remedies to the power problems.
Ghana’s Power Distribution Services has paid 200 million cedis to the Electricity Company of Ghana as part payment of the owed to the Independent Power Producers (IPP). Paa Kwasi Anamua Sakyi, Executive Director of the Institute for Energy Securities (IES) joins CNBC Africa for more.
As the South Africans battle for Power with outages across the country, Eskom is battling to continue with IPP's in court with the Coal Transporters forum supported by NUMSA, Transform RSA and Former Eskom CEO Matshela Koko. CNBC Africa's Lubabalo Mashiqana reports.
Court Action by Coal Transporters Forum against Eskom took place in Pretoria today. The CTF will ask the high court to block Eskom from obtaining power from independent power producers. CNBC Africa reporter Lubabalo Mashiqana spoke to NUMSA General Secretary, Irvin Jim.
Court action by Coal Transporters Forum against Eskom took place in Pretoria today. The CTF will ask the high court to block Eskom from obtaining power from independent power producers. CNBC Africa reporter Lubabalo Mashiqana spoke to former Eskom CEC, Matshela Koko.
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