Peroshni's Feed
Jun 29, 2015

South African regulator rejects Eskom tariff hike request

PRETORIA, June 29 (Reuters) – South Africa’s energy
regulator rejected on Monday a request from cash-strapped
utility Eskom to raise tariffs, and the state-owned power
company said it would consult with the government on alternative
ways of funding.

Eskom, which provides virtually all of
South Africa’s electricity, is scrambling to repair its aging
power plants and grid, forcing it to impose almost daily power
cuts that are hurting economic growth.

Jun 26, 2015

South African probe blames Lonmin, police, unions for ‘Marikana massacre’: report

JOHANNESBURG (Reuters) – An inquiry into South Africa’s worst police killing since the end of apartheid blamed a mining company, police and unions for the “horrendous tragedy”, President Jacob Zuma said on Thursday.

The 2012 “Marikana massacre”, where 34 miners were gunned down, shocked the world. The police, mining companies, unions, the ruling African National Congress (ANC) and Zuma all came under intense public and media criticism.

Jun 25, 2015

South African probe blames Lonmin, police, unions for “Marikana massacre”- Zuma

JOHANNESBURG, June 25 (Reuters) – An inquiry into South
Africa’s worst police killing since the end of apartheid blamed
a mining company, police and unions for the “horrendous
tragedy”, President Jacob Zuma said on Thursday.

The 2012 “Marikana massacre”, where 34 miners were gunned
down, shocked the world. The police, mining companies, unions,
the ruling African National Congress (ANC) and Zuma all came
under intense public and media criticism.

Jun 17, 2015

Business lobby submits urges regulator to halt rise in S.African power prices

JOHANNESBURG, June 17 (Reuters) – Power prices in South
Africa have risen 70 percent since 2010 and a second
double-digit increase proposed for this year will make it
difficult for the country’s businesses to compete
internationally, an industry body said on Wednesday.

Africa’s most advanced economy is in the midst of its worst
electricity crisis and Eskom, which supplies
95 percent of South Africa’s power, raised tariffs by 12.69
percent in April and has applied for a further 12.7 percent
price increase to come into effect from July 1.

Jun 4, 2015

South Africa to review new travel rules to protect tourism: minister

CAPE TOWN (Reuters) – South Africa’s government is reviewing its new travel rules for minors after signs that they are already hurting the key tourist sector, Tourism Minister Derek Hanekom said on Thursday.

Tourism has become the fastest-growing industry for Africa’s most advanced but ailing economy, with arrivals soaring after South Africa successfully hosted the 2010 soccer World Cup.

Jun 4, 2015

S.Africa to review new travel rules to protect tourism -minister

CAPE TOWN, June 4 (Reuters) – South Africa’s government is
reviewing its new travel rules for minors after signs that they
are already hurting the key tourist sector, Tourism Minister
Derek Hanekom said on Thursday.

Tourism has become the fastest-growing industry for Africa’s
most advanced but ailing economy, with arrivals soaring after
South Africa successfully hosted the 2010 soccer World Cup.

Apr 20, 2015

South Africa’s Zulu king wants end to ‘vile’ xenophobic attacks

DURBAN, South Africa (Reuters) – South Africa’s influential Zulu King Goodwill Zwelithini described recent anti-immigrant attacks as “vile” on Monday, defending himself against claims previous comments he made about foreigners sparked the unrest.

At least seven people have been killed in the latest wave of anti-immigrant violence to hit South Africa, which began almost three weeks ago in Durban, a coastal city in the Zulu heartland.

Apr 17, 2015

Blackout-hit South Africa parachutes in expert to fix utility Eskom

JOHANNESBURG, April 17 (Reuters) – South Africa appointed
veteran public service expert Brian Molefe as acting CEO of its
struggling power utility firm Eskom on Friday in an attempt to
help keep the lights on in Africa’s most advanced economy.

Limited and unreliable electricity is a major drag on
already slow South African economic growth and an irritant for
households and businesses alike: on Friday for the sixth day
running Eskom had to impose rolling blackouts in order to
prevent its creaking grid from collapsing.

Apr 16, 2015

South Africa power cuts persist, utility races to fix plants

JOHANNESBURG (Reuters) – South African power utility Eskom resumed widespread electricity cuts for the fifth straight day on Thursday in Africa’s most advanced economy, as it battles to repair ageing power plants.

In one of its worst power outages in years, Eskom [ESCJ.UL] lost a quarter of its electricity supply on Tuesday in both scheduled maintenance and plant breakdowns.

Apr 14, 2015

South Africa names bidders for 1,000 MW of green power

JOHANNESBURG, April 14 (Reuters) – South Africa has named
preferred bidders for the fourth round of a series of renewable
energy projects, that will add about 1,000 megawatts (MW) of
power to its ailing grid, industry insiders said on Tuesday.

Africa’s most advanced economy is committed to introducing
green energy into its power mix, 95 percent of which is coal at
the moment, to redress its chronic electricity shortages.