SA Department of Energy in quandary as SunEdison files for bankruptcy protection

  After months of financial uncertainty, international solar giant SunEdison (NYSE: SUNE; OTC: SUNEQ), and some of its international subsidiaries, have filed for Chapter 11 bankruptcy protection in the US on 21 April 2016. This uncertainty has seen its share price tumble from a high of US $33,45 in July 2015 to $0,34 before filing […]

ICASA sanctions SA Post Office following complaints by publishers

  The Complaints and Compliance Committee (CCC) of the Independent Communications Authority of South Africa (ICASA) has fined the South African Post Office (SAPO) R125 000 for failure to deliver mail. However, the fine has been suspended for three years. Click here to download the full judgement The judgement follows formal complaints lodged with ICASA against […]

ICASA appoints four new councillors

The Independent Communications Authority of SA (ICASA) has appointed four new councillors: Botlenyana (Botle) Mokhele, Paris Mashile, Peter Zimri and Keabetswe Modimoeng. The new councillors were sworn in by Judge de Villiers on Thursday, 7 April 2016, at the ICASA offices in Sandton. In a statement, the Authority said the appointment of new councillors comes after […]

Survey reveals infrastructure spending forecast

  Members of Consulting Engineers South Africa (CESA) have indicated low confidence in all of their sectors owing to ongoing tough economic times, and the agreement that it will continue to decline in the coming three years. CESA released its Bi-annual Economic and Capacity Survey for the period July to December 2015. The survey research […]

Ironic end to OUTA’s application for urgent interdict

  The Organisation Undoing Tax Abuse (OUTA) approached the North Gauteng High Court for an urgent interdict to prevent Eskom from implementing the electricity tariff increase of 9,4% on 1 April 2016. OUTA’s case was based on the fact that the National Energy Regulator of South Africa (NERSA) had not provided reasons for its decision made […]

NERSA provides reasons for electricity tariff hike

  The National Energy Regulator of South Africa (NERSA) has released a much-anticipated report detailing the reasons for an electricity tariff hike. Although the regulator received over 18 written comments from private individuals, small users, intensive energy users, government departments, trade unions and other stakeholders, it determined that electricity tariffs should be increased by 9,4%. This follows a 12,69% […]

Ingula synchronised to the national grid

  Lynne Brown, the minister of public enterprises, says that Unit 3 of the Ingula storage pump scheme was synchronised to the national electricity grid on 6 March 2016. Eskom’s Ingula storage pump scheme, which is being built on the escarpment of the Little Drakensberg in KwaZulu-Natal, is designed to provide 1332 MW to the […]

Private sector bridges the skills gap with educational partnerships

  Schneider Electric signed partnership agreements for the establishment of new French-South African Schneider Electric Education Centres (FSASEC) with the University of Johannesburg, Cape Peninsula University of Technology, College of Cape Town, and Sedibeng College, at the company’s offices in Midrand recently. Speaking at the event, South Africa’s deputy minister for higher education, Mduduzi Manana […]