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State Companies News

De Ruyter says immediate renewable energy investment should focus on Mpumalanga

By: Darren Parker     22nd June 2022 State-owned utility Eskom CEO André de Ruyter wants Mpumalanga to be the focal point for investment in renewable energy generation capacity to leverage the province’s well established transmission grid and to mitigate the potential for mass unemployment in the province as coal-fired power... 

New mindset at SAA will lead to a profit being turned in future, says CEO

By: Donna Slater     22nd June 2022 The mindset of South African Airways (SAA) has changed with its restructuring and the airline will turn a profit at some point, states SAA CEO John Lamola. In an interview with CNN international business correspondent Richard Quest on the Quest Means Business show on June 20, Lamola said SAA was... 

Transnet, Sasol, Total, and the apartheid-era pricing deal. Why ConCourt agreed it should end

By: News24Wire      22nd June 2022 The Constitutional Court has ruled that Transnet was entitled to terminate a long-term pricing agreement, put in place in the apartheid era, and relating to the transportation of crude oil to Sasol and Total. Judge Mbuyiseli Madlanga handed down the judgment on Tuesday. 

Stage 2 load-shedding times extended - Eskom

By: News24Wire      22nd June 2022 Eskom will implement Stage 2 load-shedding between 10:00 and midnight on Wednesday, and between 05:00 and midnight from Thursday to Sunday. The power utility said the load-shedding was due to the breakdown of four generation units on Wednesday morning, which contributed to the capacity... 

Powerlines

Operation Vulindlela making progress in driving priority structural reforms  

By: Marleny Arnoldi     21st June 2022 The Presidency’s Operation Vulindlela (OV) has made markable process on accelerating implementation of priority structural reforms since its establishment in October 2020. Presidency project management office head Rudi Dicks addressed delegates during the Manufacturing Indaba, held in Sandton on... 

Solar PV panels
Presidency private office director Saul Musker explains how far Operation Vulindlela has come with assisting structural reform

Transnet to issue locomotive tender in July to address crippling port and rail backlog

By: News24Wire      21st June 2022 In a bid to improve on its operational performance, clear logistic backlogs, and claw itself out of its financial predicament, Transnet has confirmed that it will issue a tender for the procurement of new locomotives next month. This comes after Transnet Group CEO Portia Derby told Business Day... 

South Africa transmission firm seen hobbled by Eskom millstone

By: Bloomberg     21st June 2022 South Africa’s plan to create a power transmission company that will attract the investment needed to strengthen the national grid has been hobbled by its restrictive debt arrangements with parent Eskom Holdings, two people familiar with the situation said. Under the plan to separate the unit,... 

Stage 2 load-shedding to be implemented every evening from Monday to Thursday

By: News24Wire      20th June 2022 Eskom will implement Stage 2 load-shedding every evening between 17:00 and 22:00, from Monday to Thursday. The power utility said the load shedding was due to the continued shortage of generation capacity. 

Power pylons in South Africa

Eskom warns of high load-shedding risk as grid likely strained for 'next few weeks'

By: News24Wire      20th June 2022 The power system is under severe pressure and there is a risk of load-shedding at short notice if there are any significant breakdowns at Eskom plants, the power utility warned on Monday morning.  The power system will be under strain for the next few weeks, it added in a statement.  

Electricity Pylons

Police arrest 2 men with more than 300kg of Transnet copper cable

By: News24Wire      20th June 2022 Two men were arrested in Vredenburg after allegedly being found with 302 kg of copper cable belonging to Transnet, Western Cape police said. Police spokesperson Colonel Andrè Traut said officers on patrol on Saturday night arrested the two at the R27 and R399 crossing in Vredenburg. 

Eskom has 32 GW of grid capacity, but not where most renewables investors want it 

By: Terence Creamer     17th June 2022 Eskom acknowledges that transmission constraints remain an obstacle to the introduction of new renewables generation, but the utility also highlights that 32 GW of grid capacity is immediately available to those independent power producers (IPPs) willing to build projects outside of the country’s... 

Eskom power lines
Photo by Creamer Media
Eskom power lines

Proposals made to end worsening load-shedding  

By: Creamer Media Reporter      15th June 2022 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about warnings that load-shedding could become much worse if urgent action is not taken, proposals by Meridien Economics and other experts on how to end load-shedding and the need for political will and coordination... 

Photo of Terence Creamer
Proposals made to end worsening load-shedding

Eskom warns power system is 'very constrained', risk of load-shedding in coming weeks

By: News24Wire      14th June 2022 Eskom warned on Tuesday afternoon that load-shedding may be implemented at short notice during the evenings this week, should there be any significant breakdowns. Eskom said there's a continued shortage of generation capacity, and that the power system will be very constrained on Tuesday evening... 

Electricity Powerlines

Gordhan gives Transnet a pat on the back for progress made on repairs in KZN

By: Darren Parker     14th June 2022 Public Enterprises Minister Pravin Gordhan has commended State-owned Transnet on what he called “significant progress” in the undertaking of repairs to operational areas damaged by the April floods in KwaZulu-Natal, which were declared a national disaster by President Cyril Ramaphosa. The repair... 

A repaired railway line in KwaZulu-Natal

Localisation strategies must identify, remove constraints for local producers

By: Darren Parker     13th June 2022 Effective localisation strategies must start by identifying the constraints on local producers that make it harder for them to compete with foreign suppliers, a report issued by economic research firm Trade and Industrial Policy Strategies (Tips) on June 10 states. Tips identified several... 

Eskom probes fire at Duvha power station

By: News24Wire      13th June 2022 A fire broke out at Unit 2 of the Duvha power station in Mpumalanga on Monday morning, Eskom has confirmed. In a statement, spokesperson Sikonathi Mantshantsha said the fire had been extinguished quickly and no injuries to staff had been reported.  

Duvha powerstation

Better assessment needed to overcome future crises – BLSA 

By: Donna Slater     13th June 2022 In responding to crises on local soil, South Africa needs to ensure all collaborators have sufficient capacity to engage and plan for joint action, says Business Leadership South Africa CEO Busi Mavuso. She says South Africa has responded well to some of the recent crises it has been presented... 

New report outlines strategy for ending load-shedding by early 2024, but delivery hinges on ‘substantial political will’ 

By: Terence Creamer     13th June 2022 A comprehensive strategy for drastically reducing, or even eliminating, the scourge of rotational power cuts in South Africa by early 2024 has been outlined in a new public-interest report published by Meridian Economics. The authors warn, however, that load-shedding is poised to rise to extreme... 

Solar and wind generators

Eskom’s wage talks raise unions’ ire as dialogue hits stalemate

By: Bloomberg     10th June 2022 Talks between South Africa’s beleaguered power utility Eskom and its biggest labour unions on wages have reached a stalemate, the latest crisis for the utility that’s struggling to boost electricity supply. The unions “responded with dismay” after negotiations failed to reach a conclusion during... 

Eskom logo

Doris Tshepe appointed new Competition Commissioner

By: Tasneem Bulbulia     10th June 2022 Trade, Industry and Competition Minister Ebrahim Patel has announced the appointment of Doris Tshepe as the new Competition Commission Commissioner. Cabinet was briefed on the decision on June 8 and gave its support for the appointment. 

The latest developments on the electricity front  

By: Creamer Media Reporter      10th June 2022 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the progress being made with the registration of distributed generation projects; load-shedding; Eskom consulting with experts about possible energy sector solutions; and President Cyril Ramaphosa's six-point... 

Photo of Terence Creamer
The latest developments on the electricity front

Eskom to transfer R39.9bn loan to transmission unit 

By: Bloomberg     10th June 2022 Eskom Holdings said it will give the transmission unit that it’s transforming into a separate entity a R39.9-billion loan to make sure it can complete projects and be financially viable. The loan will be guaranteed by the transmission unit’s assets with Eskom’s creditors able to call on them if... 

An image of power lines

No guarantee that Guptas will be extradited to SA – Gungubele  

By: Thabi Madiba     9th June 2022 Minister in the Presidency Mondli Gungubele said on Thursday there is no guarantee that Atul and Rajesh Gupta will be brought to South Africa following their arrest in the United Arab Emirates. Gungubele briefed the media on the outcomes of Wednesday’s Cabinet meeting. “I wouldn’t say there is a... 

Image of Minister in the Presidency Mondli Gungubele
Minister in the Presidency Mondli Gungubele

Moody’s raises alarm on Transnet, puts it on notice for downgrade

By: News24Wire      9th June 2022 The credit ratings agency Moody's has placed most of Transnet’s credit ratings on review for a downgrade. Moody’s says it has become increasingly concerned over the Transnet's exposure to weak liquidity management and high refinancing risk. 

Here’s one idea for ending load-shedding within two years  

By: Terence Creamer     9th June 2022 As Eskom consults a range of experts to assess potential solutions for resolving the load-shedding crisis, independent energy analyst Clyde Mallinson has a proposal that he believes will end rotational power cuts in two years without creating stranded assets or increasing tariffs. The proposed... 

Independent energy analyst Clyde Mallinson
Independent energy analyst Clyde Mallinson

South Africa to file Gupta extradition request within 60 days 

By: Bloomberg     8th June 2022 South Africa’s government plans to file a request with the United Arab Emirates for the extradition of two fugitive businessmen wanted on charges of money laundering and fraud within two months. Cooperation between the authorities on returning Rajesh and Atul Gupta to South Africa is “proceeding... 

Atul Gupta
Photo by Creamer Media
Atul Gupta

Eskom warns power system is 'very constrained', risk of load-shedding in coming weeks

By: News24Wire      7th June 2022 Eskom warned on Tuesday afternoon of a "very constrained" power system and said it might have to implement load-shedding at short notice.  "Should there be any significant breakdowns, load-shedding may be required at short notice, most likely during the evening peak of 17:00 and 22:00," the... 

Electricity pylons

2021 confirmed as most intensive load-shedding year yet as Eskom’s EAF continues to fall 

By: Terence Creamer     7th June 2022 The Council for Scientific and industrial Research (CSIR) has confirmed that 2021 surpassed 2020 as South Africa’s most intensive load-shedding year to date, as the performance of Eskom’s coal fleet continued to deteriorate. Load-shedding occurred for 1 169 hours, or 13% of the year, with an... 

Eskom coal-fired power plant
Photo by Creamer Media
Eskom coal-fired power plant

South Africa says UAE arrests Gupta brothers, wanted on corruption charges

By: Reuters     7th June 2022 South Africa said on Monday the United Arab Emirates had arrested Rajesh Gupta and Atul Gupta, brothers who face charges of political corruption under former South African President Jacob Zuma. Confirming South Africa's statement on Tuesday, Dubai police said on Twitter that it had coordinated... 

A photo of handcuffs

National rail policy to support local industry, manufacturing  

By: Schalk Burger     3rd June 2022 The National Rail Policy White Paper has a deliberate bias towards local manufacturing to ensure industrialisation and the local production of steel, railway lines, rolling stock and supplies, and the State and private sector operators should procure all supplies from South African manufacturers,... 

Transport Minister Fikile Mbalula
Transport Minister Fikile Mbalula

Rail White Paper stresses private sector participation, move to standard gauge  

By: Schalk Burger     3rd June 2022 The National Rail Policy White Paper will see the rail network opened to participation by the private sector, along with a progressive national move to standard gauge to increase the average speeds of trains, Transport Minister Fikile Mbalula and Public Enterprises Minister Pravin Gordhan said on... 

Image of a rail line in South Africa

Labour Court rejects Denel’s technical points in dispute over failure to pay Uasa-affiliated employees

By: Donna Slater     3rd June 2022 Trade union Uasa reports that the Labour Court has rejected State-owned defence company Denel’s technical points aimed at further delaying payments to Uasa members, in their dispute over delayed salary payments. The urgent court application brought by Uasa against Denel in April to honour all... 

Local assembly of MACC drives to slash lead times

3rd June 2022 Drive technology supplier SEW Eurodrive’s expanded local capability out of its new Aeroton facility will include the assembly of SEW M-Series Air Cooled Condenser (MACC) air-cooled condenser drives for delivery at a rate of three units a week 

An image of an air-cooled condenser.
AIR COOL CONDENSERS Air-cooled condenser (ACC) systems used in steam-driven power generation plants.

Eskom warns power system is 'severely constrained'

By: News24Wire      2nd June 2022 Eskom warned on Thursday afternoon of a "severely constrained" power system and said it might have to implement load-shedding at short notice.  "Should there be any significant breakdowns, load-shedding may be required at short notice, most likely during the evening peak of 17:00 and 22:00," the... 

Eskom logo

PIC suspends COO, two executives resign

By: Donna Slater     2nd June 2022 The Public Investment Corporation (PIC) has suspended COO Vuyani Hako as a precautionary measure after allegations of misconduct were levelled against him. The PIC says Hako’s suspension is in the best interest of both the employee and the employer to ensure that an independent inquiry can... 

Kusile Unit 4 enters commercial operation, two more units to go 

By: Terence Creamer     1st June 2022 Eskom has announced that Kusile Unit 4, in eMalahleni, Mpumalanga, has entered into commercial operation, adding some 800 MW of much-needed generation capacity to South Africa’s load-shedding-prone electricity system. The unit is the fourth of six units to enter commercial operation at the... 

The Kusile power station project
Photo by Supplied
The Kusile power station project

Former Denel CEO is back as restructuring boss

By: News24Wire      1st June 2022 Former Denel group CEO Riaz Saloojee has returned to the state-owned defence technology company after he was forced out during the state capture period. Saloojee was one of three Denel executives suspended in 2015 by then-newly appointed board chair Daniel Mantsha.    

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