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State Companies News

Ongoing copper cable theft negatively affects power capacity

By: Mamaili Mamaila     19th April 2019 Ongoing copper cable theft from companies, such as State-owned power utility Eskom, has devastating effects on the local copper industry, says Copper Development Association Africa (CDAA) executive chairperson Evert Swanepoel. 

Africa's sole nuclear plant undergoes revamp to extend lifespan

By: Bloomberg     18th April 2019 Eskom Holdings, the State utility that supplies 95% of South Africa’s power, is overhauling the continent’s sole nuclear plant with the aim of extending its lifespan by at least 20 years. The revamp of the 1 860 MW Koeberg facility comes as Eskom struggles to produce enough electricity to meet... 

Africa's sole nuclear plant undergoes revamp to extend lifespan

Load-shedding may cut growth close to zero, SARB says 

By: Bloomberg     18th April 2019 South Africa’s power cuts could bring economic growth for the year close to zero if they continue at the same severity seen in March, the South African Reserve Bank (SARB) said. The wave of rolling blackouts that started in November and are among the worst the country has yet experienced could... 

Load-shedding may cut growth close to zero, SARB says
SARB deputy governor Kuben Naidoo

PIC raises Texton stake to 18.9%

By: Nadine James     17th April 2019 State-owned investment management company, the Public Investment Corporation (PIC) increased its beneficial shareholding in JSE-listed real estate investment trust Texton Property Fund to 18.9%. Texton CEO Marius Muller on Wednesday noted that the PIC had become Texton’s largest shareholder. 

PIC raises Texton stake to 18.9%
MARIUS MULLER

New Kusile unit powers up, 8 months ahead of schedule

By: News24Wire      16th April 2019 For the first time on Sunday Kusile Unit 3 produced power, according to an internal memo to Eskom staff. According to the note from Eskom's chief operating officer Jan Oberholzer, sent out to staff on Monday, the synchronisation of the unit happened eight months ahead of the scheduled December... 

 New Kusile unit powers up, 8 months ahead of schedule

Eskom CEO tries to allay fears of job losses in internal staff memo

By: News24Wire      16th April 2019 "Will I still have a job in this turnaround of Eskom?" That's the question Eskom Group CEO Phakamani Hadebe hears most often. 

 Eskom CEO tries to allay fears of job losses in internal staff memo
Photo by Creamer Media's Dylan Slater
Eskom CEO Phakamani Hadebe

Transnet to meet OEMs this month in bid to reach settlement on ‘unlawful’ locomotive contracts 

By: Terence Creamer     12th April 2019 State-owned logistics group Transnet will, during the course of April and May, seek to secure “just and equitable” negotiations with the four original equipment manufacturers supplying it with 1 064 diesel and electric locomotives under a R49-billion procurement programme concluded in 2015.... 

Transnet to meet OEMs this month in bid to reach settlement on ‘unlawful’ locomotive contracts

Denel to stop manufacturing parts for Airbus A400M aircraft

By: Rebecca Campbell     12th April 2019 South African State-owned defence industrial group Denel announced at the end of last month that it had reached a mutual understanding with Europe-based major aerospace and defence group Airbus to cease Denel’s manufacture of components for the Airbus A400M military airlifter aircraft, “subject... 

Goldman says Eskom's crisis leaves no time for unbundling plan

By: Bloomberg     11th April 2019 South African President Cyril Ramaphosa’s plan to split the State-owned power utility into generation, distribution and transmission divisions will take longer than the government has to revive the business, according to Goldman Sachs Group. Eskom Holdings is focusing on trying to avoid... 

Corruption has eroded pillars of democracy – report  

By: Sane Dhlamini     10th April 2019 While South Africans commemorate the late freedom fighter Chris Hani, who was assassinated 26 years ago, civil society organisation Corruption Watch on Wednesday released a report on how corruption has eroded the pillars of democracy. This comes before South Africans cast their votes on May 8 in... 

Corruption has eroded pillars of democracy – report
Photo by Creamer Media
Corruption Watch executive director, David Lewis

Transnet executive resigns following suspension

By: News24Wire      10th April 2019 Transnet has announced that its chief executive for Freight Rail, Ravi Nair has resigned following his suspension in March. Nair was one of four executive committee members who was suspended with immediate effect at the time. 

 Transnet executive resigns following suspension
Photo by Creamer Media
Suspended Transnet Freight Rail CEO Ravi Nair

Govts must create policy for businesses to invest to improve living standards, says Jarana

By: African News Agency      9th April 2019 Governments must create a policy and legal framework for businesses to invest to improve the living standards of society, create jobs and grow economies, said Vuyani Jarana, South African Airways chief executive. “There has to be a constant realignment between government policy, business... 

Eskom to class action firm: We can’t be sued for load-shedding and here’s why 

By: News24Wire      9th April 2019 Eskom says that based on legal advice it has received, a law firm seeking to initiate a class action suit against it on behalf of companies which have been affected by load-shedding, has little ground to stand on. Eskom spokesperson Khulu Phasiwe said that the legal advice the power utility had... 

 Eskom to class action firm: We can’t be sued for load-shedding and here’s why

Ramaphosa visits Prasa about rail improvements

By: News24Wire      9th April 2019 Not long after experiencing what rail commuters go through daily, President Cyril Ramaphosa is expected to meet the Passenger Rail Agency of South Africa in Cape Town. The meeting, which is scheduled for Tuesday, is expected to focus on Prasa's efforts to improve commuter services and stimulate... 

Ramaphosa visits Prasa about rail improvements
President Cyril Ramaphosa

Winter plan to minimise load-shedding requires South Africans to use electricity efficiently, says Eskom 

By: African News Agency      8th April 2019 The State-owned power utility Eskom on Monday urged South Africans to use electricity efficiently to minimise load-shedding during cold weather conditions. Eskom said the demand for electricity was projected to increase and the power system was forecast to be tight for this week. The winter plan... 

Winter plan to minimise load-shedding requires South Africans to use electricity efficiently, says Eskom

Transnet sets new weekly manganese record 

By: Simone Liedtke     8th April 2019 State-owned Transnet Freight Rail on Monday announced that it had achieved a new weekly throughput record of 335 812 t of manganese, beating its previous record by 6 362 t. The record was achieved in week two of the 2019/20 financial year and compares with a target of 290 794 t for that week. 

TPT sets its focus on African port concession opportunities

By: Shirley le Guern     5th April 2019 State-owned Transnet aims, through its Transnet International Holdings entity, to leverage its expertise to secure port concessions across the African continent. Transnet Port Terminals (TPT) growth and diversification senior manager Dr Darren Fraser told a special interest group gathering under... 

Transnet execs seek balance between efficiency improvements, growth opportunities 

By: Shirley le Guern     5th April 2019 It is not about pouring concrete and spending, it is a war of efficiency, Transnet group executive of new business growth and diversification Herbert Msagala told a select special interest group convened at the Transport Forum, in Durban, on Thursday. In what he ultimately labelled an “honest and... 

Transnet execs seek balance between efficiency improvements, growth opportunities
Transnet group executive of new business growth and diversification Herbert Msagala

Eskom spokesperson resigns

By: News24Wire      5th April 2019 Eskom spokesperson Khulu Phasiwe has resigned.  Phasiwe took to WhatsApp to announce his resignation. Phasiwe said he would complete his notice period at Eskom, and said he had no immediate plans after that.  

Eskom spokesperson resigns

Digital tech can improve client and project interaction

By: Cameron Mackay     5th April 2019 Professional services firm WSP is finding more opportunities to use emerging digital technologies in delivering engineering and infrastructure projects globally, points out WSP in Africa MD Mathieu du Plooy. This involves the managing of information and data, designing and collaboration efforts... 

Digital tech can improve client and project interaction
MATHIEU DU PLOOY WSP’s focus on the African continent is more sector-based than geographical. We will follow the countries where the need is pressing

Opinion: If renewables are so cheap, why are we paying so much for them?

By: Tobias Bischof-Niemz     5th April 2019 Hardly a week passes without a statement being made about the high costs of renewable energy in South Africa. Typically, the argument is made on social media and is framed to suggest that Eskom is buying electricity at R2.22/kWh from renewable-energy independent power producers (REIPPs) and that... 

Opinion: If renewables are so cheap, why are we paying so much for them?

Education important for future of industry – Cesa  

By: Cameron Mackay     5th April 2019 Consulting engineering association Consulting Engineers South Africa (Cesa) president Neresh Pather says introducing new technology subjects at technical high schools will play a critical role in preparing future generations for the Fourth Industrial Revolution (4IR) and the general consulting... 

Education important for future of industry – Cesa
Consulting Engineers South Africa president Neresh Pather & Gauteng Road & Transport MEC Dr Ismail Vadi discuss education and technology in consulting engineering. Camerawork and Editing: Creamer Media's Nicholas Boyd.

Uptick in demand for water-sector consulting

By: Cameron Mackay     5th April 2019 Despite subdued demand for consulting engineering services in South Africa, engineering consulting firm SRK Consulting South Africa has noted an increase in demand for the group’s water-sector consulting services. “As the country faces a backlog in water infrastructure maintenance, it must also... 

Uptick in demand for water-sector consulting
THE MATZIKAMMA MUNICIPALITY The Matzikamma municipality coastline was deemed suitable for land-based aquaculture farming

Eskom review team says strong leadership key for restoration of plant performance 

By: Terence Creamer     4th April 2019 The Eskom Technical Review Team, appointed in March to provide an independent assessment of the performance of the State-owned utility’s power stations, says several coal plants can, with strong and empowered leadership, meet the much-vaunted energy availability factor (EAF) goal of 80%. It has... 

Eskom review team says strong leadership key for restoration of plant performance

'The whole country is counting on us': What Eskom boss told staff when stage 4 hit 

By: News24Wire      4th April 2019 "The whole country is counting on every one of us to do the right thing".  This is what Eskom's COO, Jan Oberholzer, wrote to staff in a memo mid-March when the power utility was implementing stage 4 load-shedding to keep the lights on.  

 'The whole country is counting on us': What Eskom boss told staff when stage 4 hit
Photo by Creamer Media's Dylan Slater
Eskom COO Jan Oberholzer

Eskom provides system update 

4th April 2019 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about a media briefing hosted by Eskom and Public Enterprises Minister Pravin Gordhan at the Lethabo power station this week to update the country on the state of Eskom’s power system and whether the country is... 

Eskom provides system update
Eskom provides system update

Eskom’s financial woes not abating in sync with load-shedding risk 

By: Terence Creamer     3rd April 2019 The cautiously optimistic prognosis provided by Eskom on the outlook for electricity supply for the coming nine months has been more than offset by the State-owned utility’s disturbing assessment of its financial predicament. The group, which implemented ten days of confidence-sapping power cuts... 

Eskom’s financial woes not abating in sync with load-shedding risk
Photo by Creamer Media's Terence Creamer
Lethabo power station

Load-shedding: Eskom's plan for winter and how it will keep the lights on 

By: News24Wire      3rd April 2019 Public Enterprises minister Pravin Gordhan says that Eskom has come up with a detailed winter plan that includes several possible scenarios. Gordhan said the first scenario was if no load-shedding was implemented. 

 Load-shedding: Eskom's plan for winter and how it will keep the lights on

Improved policy, regulation needed to help Eskom power SA, Brics Bank meeting told

By: African News Agency      2nd April 2019 Without alternative power generation capacity, unemployment will remain rampant in South Africa, Development Bank of Southern Africa (DBSA) chief executive Patrick Dlamini said on Tuesday. "The policy makers, they have a decision to make, to make sure that you can be able to enable and sustain... 

Improved policy, regulation needed to help Eskom power SA, Brics Bank meeting told

Nehawu accepts latest Sars wage offer, not happy with term of agreement 

By: African News Agency      2nd April 2019 The National Education, Health and Allied Workers’ Union on Tuesday accepted the latest wage offer tabled by the South African Revenue Services, bringing an end to the nationwide strike that crippled the revenue service. This after the Public Servants Association, the majority union at Sars, on... 

Nehawu accepts latest Sars wage offer, not happy with term of agreement

Law firm plans class action against Eskom over load-shedding 

By: News24Wire      2nd April 2019 The national load-shedding crisis will shortly come under legal scrutiny, if a local law firm has its way. Law firm De Beer Attorneys has called on businesses who have suffered financial losses to join a class action lawsuit against State-owned enterprise Eskom. 

Law firm plans class action against Eskom over load-shedding

Govt aid, tariffs may not be enough for debt-laden Eskom – Moody's  

By: News24Wire      2nd April 2019 Ratings agency Moody's on Tuesday said that government's financial support to embattled power utility Eskom and the announcement of recent electricity tariffs by the National Energy Regulator of South Africa may prove "insufficient to address the company's long-standing financial troubles". It... 

 Govt aid, tariffs may not be enough for debt-laden Eskom – Moody's

S Africans to know more about state of country's electricity supply tomorrow

By: News24Wire      2nd April 2019 Public Enterprises Minister Pravin Gordhan and chairperson of the Eskom board Jabu Mabuza are expected to brief the media on the state of South Africa's electricity supply tomorrow. The briefing is expected to be at a power station in Johannesburg. 

S Africans to know more about state of country's electricity supply tomorrow
Public Enterprises Minister Pravin Gordhan

Necsa scientist in spotlight with award successes

By: Rebecca Campbell     2nd April 2019 A scientist from the South African Nuclear Energy Corporation, Dr Jan Rijn Zeevaart, has won two prestigious awards, one local and the other international. These are the Department of Science and Technology’s Top Intellectual Property Creator Award and the European Association of Nuclear... 

Higher refunds at Sars result in R14.6bn deficit 

By: News24Wire      1st April 2019 The South African Revenue Service announced on Monday afternoon that it had collected R1 287.6-billion in tax for the financial year ended March 31 2019, some R14.6-billion less than what was estimated in the Budget.  The tax agency's acting head Mark Kingon made the announcement in Pretoria. The... 

 Higher refunds at Sars result in R14.6bn deficit
Photo by Creamer Media's Dylan Slater
Sars acting commissioner Mark Kingon

Denel to end manufacture of parts for Airbus A400M aircraft

By: Rebecca Campbell     1st April 2019 South African State-owned defence industrial group Denel announced over the weekend that it had reached a mutual understanding with Europe-based major aerospace and defence group Airbus to cease Denel’s manufacture of components for the Airbus A400M military airlifter aircraft, “subject to... 

Denel to end manufacture of parts for Airbus A400M aircraft
Photo by Airbus
An A400M takes off from an unpaved airstrip

Load-shedding: We will know more by next week – Cabinet 

By: News24Wire      29th March 2019 Eskom and government will soon know more about what must be done to stabilise the grid, Cabinet said in a statement on Friday. It said that following a briefing by deputy president David Mabuza on developments at Eskom and electricity constraints, the Technical Review Panel – appointed by the... 

Load-shedding: We will know more by next week – Cabinet
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