Peroshni's Feed
Oct 23, 2015

South African police fire stun grenades at students outside Zuma’s office

PRETORIA (Reuters) – South African police fired stun grenades at students who lit fires outside President Jacob Zuma’s offices following a week of protests, the first signs of the post-apartheid ‘Born Free’ generation flexing its muscle.

Students protesting against fee increases hurled stones at police guarding the Union Buildings ahead of an address by Zuma. A few pushed through a cordon before being pushed back by anti-riot police who also used water canons to douse the fires.

Oct 23, 2015

South African students march in capital before meeting with Zuma

PRETORIA (Reuters) – Thousands of angry South African university students capped a week of protests on Friday with a march on the buildings in Pretoria where President Jacob Zuma has his offices.

Police had set up guard around the building before a scheduled address by Zuma. The students chanted slogans, argued with the police and pulled down a fence around the building, as the post-apartheid “Born Free” generation starts to flex its political muscle.

Oct 16, 2015

South Africa plans to overhaul power grid to stem shortages – Eskom

JOHANNESBURG, Oct 16 (Reuters) – South Africa will spend 213
billion rand ($16 billion) to strengthen its transmission grid
over the next decade as it seeks to end power shortages that are
slowing growth in Africa’s most advanced economy, utility Eskom
said on Friday.

“The total transmission capital plan amounts to 213 billion
rand over the … period 2016-2025,” an Eskom presentation said.

Oct 5, 2015

Green energy, not nuclear the way to go: German official

CAPE TOWN (Reuters) – Green energy is cheap in the long run and clean compared to “dirty” coal and costly nuclear power, a senior German energy official said on the sidelines of a Cape Town conference, at a time when South Africa plans to expand atomic power generation.

President Jacob Zuma’s government is developing an energy mix that will boost power generation in Africa’s most advanced economy which has been hit by electricity shortages and reduce its reliance on mostly coal generated energy.

Oct 4, 2015

S.Africa’s power grid needs $15 bln boost for new energy production

CAPE TOWN, Oct 4 (Reuters) – South Africa’s ageing
electricity transmission grid needs investment of $15 billion by
2022 to help cope with increased new energy production, an
executive at German state development bank KfW said on Sunday.

Africa’s most advanced economy is investing heavily in
renewable energy to counter chronic electricity deficits but
power utility Eskom’s ageing grid is making feeding
more electricity into the system difficult.

Sep 30, 2015

South Africa’s NUM union calls coal miners strike

JOHANNESBURG, Sept 30 (Reuters) – South Africa’s National
Union of Mineworkers (NUM) said on Wednesday it would ask its
members in the coal sector to strike after wage talks collapsed.

Africa’s most advanced economy, beset by power shortages,
relies on coal for its electricity and is also a major exporter
to Europe and Asia.

Sep 7, 2015

S.Africa’s Sasol reports lower FY earnings, trims dividend

JOHANNESBURG, Sept 7 (Reuters) – South African
petrochemicals company Sasol on Monday lowered its
full-year dividend after weaker oil prices hit earnings.

Headline earnings per share, a popular measure in South
Africa which strips off some one-off items, fell to 49.76 rand
from 60.16 a year earlier.

Sep 3, 2015

S.Africa looks to gas power generation to ease electricity crunch

JOHANNESBURG, Sept 3 (Reuters) – South Africa’s government
aims to build new gas-fired power stations to stem chronic
electricity shortages and reduce its dependence on an ageing
fleet of coal-fired plants.

Africa’s most advanced economy is facing a shortfall in
electricity supply, resulting in frequent power cuts that are
hurting business and eroding its appeal as an investment

Sep 2, 2015

S.Africa may expand nuclear power to cut reliance on coal

JOHANNESBURG, Sept 2 (Reuters) – South Africa’s future
energy mix could have an even higher share of nuclear power than
the planned 9,600 megawatts (MW), as it aims to cut reliance on
polluting coal-fired power stations, a government official said
on Wednesday.

Africa’s most advanced economy is facing a shortfall in
electricity due to its creaking coal-fired plants, resulting in
regular power cuts that are hurting the economy and denting
investor confidence.

Aug 31, 2015

S.Africa says “no deal” struck with any country on nuclear expansion

PRETORIA, Aug 31 (Reuters) – South Africa has not struck a
deal so far with any country on nuclear expansion but its
immediate focus was to build more renewable power projects, the
energy minister said on Monday.

The government of Africa’s most advanced economy, which is
battling an energy crunch, said in May it will procure a nuclear
fleet to generate 9,600 megawatts of power this year, estimated
by analysts to cost as much as $100 billion.