Posts tagged as Fin24

An alarming picture emerges as Eskom’s liquidity dries up

A final draft report from Eskom to its shareholder for the second quarter of 2017 ending 30 September 2017 paints an alarming picture of funding difficulties and declining liquidity (cash and cash equivalents plus investments in securities), primarily driven by perceptions of poor governance. The report, which has been viewed by EE Publishers and Fin24, provides […]

SA set to meet analogue switch-off deadline after court ruling

  South Africa is a step closer to meeting its December 2018 deadline to switch off analogue, after the constitutional court ruled in favour of former communications minister Faith Muthambi against an appeal filed by e.tv. The judgment follows an appeal lodged by Muthambi in May 2016 on the ruling by the Supreme Court of […]

Eskom reveals which countries will bid for nuclear deal

  Fin24 reports that Eskom says 27 companies have indicated their intention to provide a response to the power utility’s Request for Information (RFI) for the proposed 9,6 GW nuclear new build programme. This includes four major nuclear vendors from China (SNPTC), France (EDF), Russia (Rosatom) and South Korea (Kepco). Rosatom and EDF issued statements […]

Tech that will define 2017 and beyond

  Digital assistants, virtual reality headsets and 4K televisions are this year’s hot technology trends as seen by the Consumer Electronics Show (CES) in Las Vegas. The world’s biggest technology show, which this year turned 50 and saw a record 180 000 visitors, turned the US gambling capital into the centre of the technology world […]

Wind/solar sectors mull Eskom court bid while new energy plan delayed

  The Department of Energy (DoE) has delayed the deadline of the public consultation process regarding its draft energy plans, while the renewable sector is considering going to court to force Eskom’s hand amid the sector’s new build woes. In November 2016, the DoE published the draft Integrated Energy Plan (IEP) and the Integrated Resource […]

Eskom can turn the lights off, court rules

  Eskom may cut off power supply to eight municipalities as a means to recover outstanding debt, the North Gauteng High Court heard on Thursday. Judge Hans Fabricius made the ruling on an urgent matter submitted by civil rights group AfriForum, which sought to stop Eskom from cutting power. The application by AfriForum was dismissed with […]

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