Solar surge leaves Eskom chasing billions in lost revenue
South Africa's solar boom is cutting into Eskom revenue as households and businesses turn to self-generation amid high electricity costs.
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South Africa's solar boom is cutting into Eskom revenue as households and businesses turn to self-generation amid high electricity costs.
People have moved off-grid because electricity has become expensive and unreliable.
Minister Kgosientsho Ramokgopa unveiled changes to pricing policy to fight the high cost of electricity
But the court left the door open for Pula Group to bring a fresh claim to recover $195m from Patrice Motsepe companies it says it is owed for misuse of confidential information.
Liquidators warn that an Eskom power cut could flood the mine within 48 hours - but Numsa questions why the alarm was raised immediately after it won a court order placing Ekapa Minerals in business rescue.
No consensus on content of agency agreement yet.
The worst of the recent oil price shock has likely passed, barring any further upsurge in global energy costs.
The pay index reveals that people are receiving very small nominal salary increases, while inflation of 5% is eroding their buying power.
Madibeng and Msunduzi municipalities also exposed.
Eskom boldly contradicts president on unbundling.
The mining giant has removed overhead costs worth more than $100 million since 2024.
The department warns that the country could lose R1 billion a day should there be no fuel.
Many SMEs are now pessimistic about the remainder of the year.
Adnoc Distribution will gain control of 580 fuel stations in South Africa.
This is all about the process of unbundling Eskom.
This means most second-hand gold is subject to the usual value-added tax rate of 15%, closing off a loophole that has been in place for decades.
'Coal remains the foundation of Exxaro's earnings, cash generation and sustainable returns.'
Nersa accused of hiding irrationality of decision on power utility's revenue.
Confirms legal requirements for the Distribution Agency Agreement in Dr Beyers Naudé Municipality ruling
Analysts say improving operational performance extends the investment case beyond energy geopolitical premiums
'Nersa allows it to pass without checking.'
Two-thirds of container ships have been diverted around the Cape due to the Iran war, but most are bypassing us.
Municipalities' exclusive reticulation right confirmed.
Legal compliance process to be expedited.
Wesizwe Platinum says Bakubung Platinum Mine's temporary shutdown is intended to allow for meaningful engagement during retrenchment talks.
FlySafair in March added a surcharge to its most popular routes in response to expected spikes in the price of oil.
AG says CoJ wrote off R9bn in consumer debt, while City Power incurred R5.7bn in electricity losses and Johannesburg Water R2.8bn from water losses.
The food producer anticipates difficult trading environment for the second half of its financial year.
Another factor that saw employee benefit spending skyrocket is overtime.
'Small businesses typically feel these shocks first because they have less pricing power and thinner cash buffers.'