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State Companies

Auditor-General Tsakani Maluleke
'Absolutely no excuse': AG blasts major SOEs as just one gets clean audit
30th November 2023 By: News24Wire

Only one of South Africa's 19 major State-owned enterprises received a clean audit in the past year, Auditor-General Tsakani Maluleke has said. Maluleke on Wednesday tabled the audit outcomes for... 


Sanral to resume road tenders under interim procurement policy
29th November 2023 By: Tasneem Bulbulia

The South African National Roads Agency Limited (Sanral) will on November 29 resume procurement for road construction projects, with 86 tenders to be advertised. CEO Reginald Demana has announced... 


The Port of Cape Town
Cape Town container terminal clears most of vessel backlog
29th November 2023 By: Schalk Burger

The Cape Town Container Terminal (CTCT) has cleared most of its backlog, berthing vessels on arrival with only one vessel at anchor, State-owned Transnet Port Terminals (TPT) reports. The terminal... 


An image of the Eskom logo on flags
World Bank grants consent for legal separation of Eskom’s Transmission division
28th November 2023 By: Tasneem Bulbulia

State-owned utility Eskom announces that multilateral development bank the World Bank, a key strategic creditor of the entity, has granted its consent for the proposed legal separation of the... 


An image showing Road Freight Association CEO Gavin Kelly
RFA, SAAFF, Hume reiterate concern about South Africa’s logistics performance
28th November 2023 By: Tasneem Bulbulia

Representative organisation the Road Freight Association (RFA) emphasises that the deterioration of South Africa’s ports and rail has been a slow, continued process over at least ten years, and... 


City Power has denied any Stage 8, but reviews schedule for higher stages of loadshedding
As Eskom outlines worsened prognosis, City Power confirms loadshedding schedule review amid ‘Stage 8’ uproar
27th November 2023 By: Terence Creamer

Having outlined an improving power system prognosis for the working week on Sunday, following the shock implementation of Stage 6 on Friday November 24, Eskom has since reported that the outlook... 


Residents in areas such as Joburg have complained that the latest episode of Stage 6 has felt more intense than previous bouts
De-escalation in loadshedding forecast for coming week as country emerges from renewed Stage 6 trauma
26th November 2023 By: Terence Creamer

Eskom is forecasting a de-escalation in the intensity of rotational power cuts for the coming week following the traumatic return of Stage 6 on Friday November 24 and complaints in certain... 


Electricity Minister Kgosientsho Ramokgopa
Black Friday loadshedding triggered by depletion of reserves and heat-wave demand spike
24th November 2023 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa attributed the “unwelcome” ramp up in the intensity of loadshedding to Stage 6 to a need for Eskom to rebuild its emergency reserves that had been... 


Up to 6 000 Post Office jobs on the line
24th November 2023 By: Schalk Burger

The business rescue plan for the South African Post Office, published by the joint business rescue practitioners (BRPs) Anoosh Rooplal and Juanito Damons, is aimed at stabilising the company,... 


PRASA dismisses employee following fraud investigation
24th November 2023 By: Schalk Burger

State-owned passenger rail company the Passenger Rail Agency of South Africa (PRASA) has dismissed an employee for the alleged theft of R34.5-million. PRASA detected irregular payments during... 


Photo of Terence Creamer
Loadshedding and port congestion make headlines
24th November 2023

Creamer Media editor Terence Creamer discusses the lagging procurement of new electricity generation and addition of crucial grid infrastructure, as well as the dire situation at Transnet's ports... 


President Cyril Ramaphosa
Ramaphosa talks tough over Transnet incompetence as ports nightmare rages on
24th November 2023 By: News24Wire

President Cyril Ramaphosa vowed that Transnet would shed itself of incompetence and address the major backlogs at the country's ports. If not, it could see the economy continue to bleed. On... 


Magazine Cover image
Prosecutions coupled with zero-tolerance culture key to fighting SA’s corruption scourge
24th November 2023 By: Darren Parker

Corruption has long been an unhappy and increasingly harmful feature of the South African political, economic and business landscape. The extreme scale of this insidious problem came into sharp... 


Power lines with wind turbines in the background
Renewables bodies await publication of Eskom’s curtailment framework
23rd November 2023 By: Terence Creamer

The associations representing the wind and solar sectors as well as independent power producers (IPPs) more generally are eagerly awaiting a proposed curtailment addendum to Eskom’s Grid Connection... 


South African Association of Freight Forwarders CEO Juanita Maree
SAAFF warns of rising port-congestion costs
22nd November 2023 By: Terence Creamer

The South African Association of Freight Forwarders (SAAFF) estimates that the current congestion at South Africa’s ports is costing at least R124-million a day in direct and indirect costs. With... 


Komati Power Station
South Africa’s quest for energy security threatens climate goals
21st November 2023 By: Bloomberg

South Africa is likely to prioritise energy security over its decarbonisation aspirations to avoid further damage to its economy, said James Mackay, the chief executive officer of the Energy... 


Map showing the proposed locations for installing synchronous condensers
Eskom to add synchronous condensers to network, including repurposed Camden and Grootvlei generators
20th November 2023 By: Terence Creamer

Eskom is preparing to introduce 11 synchronous condensers – seven new and four repurposed – across its transmission system to support grid stability as the penetration of variable renewable-energy... 


Electricity Minister Kgosientsho Ramokgopa
Next renewables bid window ‘will not be location agnostic’
19th November 2023 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa reports that the country’s next renewables bidding round will “not be location agnostic” and will seek to direct projects to areas where there is... 


TFR locomotives
More than half of copper cables on TFR's lines replaced with aluminium alternative
17th November 2023 By: Darren Parker

Transnet has, so far, replaced about 55% of the copper cables across its national railway network with an aluminium conductor steel reinforced (ACSR) cable called Tiger Wire, Transnet Freight Rail... 


Lineworkers seen working on an Eskom transmission line
Eskom’s hockey-stick shaped grid deployment plan comes under scrutiny
16th November 2023 By: Terence Creamer

The hockey-stick-curve shape of Eskom’s ten-year execution plan for delivering much-needed new transmission infrastructure continues to come under intense scrutiny from domestic industry, with... 


Wind farm with substation in foreground
New Eskom curtailment framework to unlock 4 GW of grid capacity in wind-rich provinces
15th November 2023 By: Terence Creamer

Eskom has confirmed that it will release a curtailment addendum to its recently published Generation Connection Capacity Assessment (GCCA) that will unlock 4 GW of connection capacity immediately... 


The Koeberg nuclear power station
Eskom says Koeberg Unit 1 being started as another resumption target is missed
15th November 2023 By: Terence Creamer

Eskom reports that it has received permission from the National Nuclear Regulator (NNR) to restart Koeberg Unit 1, but has once again missed a recently updated target date for grid synchronisation. 


The Moody's logo
Moody’s places Transnet on review for ratings downgrade
14th November 2023 By: News24Wire

Moody’s Investors Service has placed Transnet on review for a potential credit ratings downgrade due to concerns over liquidity and refinancing risks for the struggling state-owned freight, port... 


Bank cards
Forensic Analysis Centre launched to collaboratively tackle financial crime
13th November 2023 By: Tasneem Bulbulia

To bolster South Africa’s capacity to investigate and prosecute financial crime, the Banking Association South Africa (Basa) and the South African Banking Risk Information Centre (Sabric) have... 


Municipal Cleaning and Greening Programme launched to tackle illegal dumping
10th November 2023 By: Tasneem Bulbulia

Forestry, Fisheries and the Environment Minister Barbara Creecy on November 10 launched the Municipal Cleaning and Greening Programme, which is aimed at clearing 7 251 illegal dumping hotspots in... 


Trevor Manuel
Africa must do more to advance its own development – Manuel
10th November 2023 By: Schalk Burger

Africa's business sector and governments must push harder in addressing the challenges facing the continent, as the biggest threat to its development is complacency, said insurance and investment... 


Former Eskom executive Matshela Koko
Koko's Kusile 'graft': Lead investigator faces blistering questions over case delays
9th November 2023 By: News24Wire

The lead investigator in the R2-billion Kusile Power Station corruption case has backtracked on his testimony that two German nationals accused in the matter will not be extradited to stand trial.... 


The 20 MW/100MWh Hex BESS site, in Worcester in the Western Cape
Eskom’s Hex battery the first of eight utility-scale projects being deployed across four provinces
9th November 2023 By: Terence Creamer

Eskom has officially started operating the first of eight utility-scale battery energy storage system (BESS) projects being introduced as part of Phase 1 of a World Bank-funded programme to add... 


Flags with the eskom logo
South Africa still weighing impact of charging Eskom interest
9th November 2023 By: Bloomberg

South Africa is still assessing the effect of adding interest to a R254-billion debt relief package for state-owned Eskom Holdings as the company prepares to split into three, according to a... 


Minister of Public Enterprises Pravin Gordhan
'There is nothing we can do.' Gordhan bemoans 'unreasonable' Chinese rail company
9th November 2023 By: News24Wire

"Transnet needs help," chairperson Andile Sangqu told MPs on Wednesday in an appeal to the government to take on some of its unsustainable debt burden and fund its turnaround plan. Transnet has a... 


More taxpayers pleased with Sars’ quality of service – survey
8th November 2023 By: Tasneem Bulbulia

An increasing number of South African taxpayers believe the quality of service delivered by the South African Revenue Service (Sars) is improving, professional services firm PwC’s newly released... 


Transnet logo
Pension pay-outs to Transnet execs involved in inflated breathalyser-straw procurement interdicted
8th November 2023 By: Terence Creamer

Pension pay-outs to two former Transnet executives linked to fruitless and wasteful expenditure of R33.5-million arising from the acquisition of a million disposable breathalyser straws, procured... 


A TFR locomotive
Indebted Transnet rolls over R7bn loans for four months
8th November 2023 By: Bloomberg

Transnet rolled over R7-billion of debt due this week until March, giving the South African State-owned port and rail company relief for four months. The bonds, which were due November 6, were... 


First phase of Rosebank Public Transport Facility upgrade completed
7th November 2023 By: Tasneem Bulbulia

The first phase of construction upgrades for the Rosebank Public Transport Facility has reached practical completion, the Johannesburg Development Agency (JDA) reports. Phase two of the project... 


Cape Town runway project awaiting Economic Regulator approval
6th November 2023 By: Tasneem Bulbulia

The starting of the Cape Town Aviation Infrastructure runway realignment is dependent on the approval by the Economic Regulator which is outstanding at this point; as well as the review of the... 


Ferrochrome smelter
Regulator approves Eskom tariff discounts for ferrochrome groups
6th November 2023 By: Terence Creamer

The Energy Regulator has approved six-year negotiated pricing agreements (NPAs) for ferrochrome smelters operated in South Africa by both Glencore-Merafe Chrome Venture and Samancor Chrome. The... 


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Booyco Electronics
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