City of Tshwane / PEU smart prepayment metering contract judged invalid

The North Gauteng High Court on Friday declared all the City of Tshwane’s agreements with PEU Capital Partners and its implementing agent TUMS constitutionally invalid. The court further ordered that R950-million in a special trust account set up for the purchase of PEU’s infrastructure be released to the city immediately. City of Tshwane Mayor Solly […]

Judges request Tshwane/PEU settle “unlawful” prepayment meter contract and involve Accenture

Moneyweb has learnt that three High Court judges on Tuesday requested business grouping AfriSake, the City of Tshwane and its controversial smart metering contractor PEU Capital Partners to try to reach a settlement. This came on the eve of the hearing of a review application launched by AfriSake and aimed at having certain agreements between […]

Eskom – a laggard in electricity utility transition

In South Africa, where electricity prices have quadrupled since 2007 and an expensive coal-fired power build-out threatens to drive prices even higher, renewables appear ever more appealing. Unfortunately, for the last two years Eskom has been stonewalling on this front, refusing to sign new renewable energy power purchase agreements, while claiming that renewable energy is […]

Extra electricity capacity won’t drive economic recovery

Although the South African economy is not in as bad a state as many believe, and although growth is sluggish it won’t improve by simply increasing electricity generating capacity. This was the view of two experts who spoke at the Association of Municipal Electrical Utilities’ (AMEU’s) affiliates CEO breakfast at the Johannesburg Country Club, Woodmead, recently. […]

Tegeta clinched Eskom contract despite low quality coal

Eskom awarded an 11-year coal supply contract to former Gupta-owned mining firm Tegeta Exploration and Resources, despite it not meeting coal specification standards. In a written response to a parliamentary question posed by the DA’s Natasha Mazzone, Public Enterprises Minister Lynne Brown divulged a detailed list of Eskom’s current coal suppliers, the quantity of coal […]

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