Eskom’s load shedding is costing businesses financially and could lead to thousands of job losses.
‘If I could help it there wouldn’t be any load shedding’ – Pravin Gordhan
The Organisation Undoing Tax Abuse (Outa) has called for NERSA to investigate possible wasted costs at Koeberg.
“The aim is to sign the first power supply agreement during the course of the current week.” – Eskom
SA has raised more than 90% of the President’s five-year investment target of R1.2 billion.
By Sunday, Eskom had lost at least 22 000MW of generation capacity due mostly to unplanned breakdowns.
Stage six load shedding to continue this week with negative impact on economic growth recovery.
South Africa’s nuclear facility may have to be shut down if crucial replacement work on the reactors’ generators isn’t completed in time.
The utility is on track to split its generation and distribution businesses by the end of the year.
Department in the process of performing reconciliation with the municipalities to ensure correct payment.
The opening of the plant and other new local investments indicate that the economy is recovering, says Ramaphosa.
Those without an alternative permit won’t qualify for UIF even though they have been contributing to the fund.
