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Load-shedding 'not likely' on Friday – Eskom

15th February 2019 Eskom was not likely to implement load shedding on Friday, the power utility said. "Due to further improvement in generation performance and the notable strides made in replenishing water and diesel reserves, Eskom is not likely to implement load shedding on Friday. We thank South Africans and... 

Ramaphosa sets up cabinet committee to manage Eskom daily

14th February 2019 President Cyril Ramaphosa said a special cabinet task team has been established to deal with the Eskom crisis and provide him with reports daily on the State of the power grid and "what actions need to be taken to ensure energy supply". Responding to the debate on the State of the nation address,... 

Ramaphosa rules out any privatisation of Eskom

14th February 2019 President Cyril Ramaphosa on Thursday emphatically ruled out privatising any part of Eskom as government moves to split the struggling power utility into three separate entities. In reply to the parliamentary debate on his state of the nation address, Ramaphosa urged critics of the plan to... 

Train sets numbers improve in the Western Cape – Metrorail regional manager

14th February 2019 There has been a great improvement on the number of train sets which are currently in operation compared to last year, Metrorail Western Cape regional manager Richard Walker said on Thursday. “We are currently operating 48 train sets which is an improvement from where we came down last year being... 

SA infrastructure think tank slams Eskom's hiring of foreign engineers

14th February 2019 The Infrastructure Research Development Centre (IRDC) said on Thursday it opposed the government's decision to bring in external engineers to investigate the crisis at State utility Eskom's power stations. Public enterprises minister Pravin Gordhan on Wednesday told Parliament that a panel of... 

What the Competition Amendment Bill means for the economy

14th February 2019 Cape Town-based intellectual property law Adams and Adams Attorneys on Thursday welcomed the signing of the Competition Amendment Bill into law by President Cyril Ramaphosa.  Ramaphosa on Wednesday signed the Competition Amendment Bill into law which he said will be a boost for SMEs and economic... 

Threat for rhinos still remains despite drop in 2018 poaching numbers

14th February 2019 The World Wide Fund for Nature (WWF) says it remains concerned about the overall status of rhino populations despite official figures from the department of environmental affairs showing the number of those killed in South Africa dropped to 769 in 2018 from 1 028 in 2017. "The fact that fewer... 

Rising costs, declining prices play chicken and egg with Quantum Foods earnings

13th February 2019 Quantum Foods said on Wednesday that the increase in feed raw material costs and a decrease in egg selling prices had a significantly negative impact on earnings for the first four months of 2019 compared to the same period in the previous year. This as earnings in the corresponding period of the... 

Eskom to implement Stage 3 load shedding

13th February 2019 Eskom will implement Stage 3 load shedding on Wednesday from 8am to 11pm as a result of a shortage of capacity, the power utility said. The shortage was a result of a number of generating units that are out of service due to breakdowns, it said. 

ConCourt dismisses Moyane application for leave to appeal his dismissal

12th February 2019 The Constitutional Court on Tuesday, dismissed former South African Revenue Service (SARS) Commissioner Tom Moyane’s application for leave to appeal his dismissal. "The Constitutional Court has considered this application for leave to appeal. It has concluded that the application should be... 

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