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.
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.
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.
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.
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.
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.
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.
JOHANNESBURG (Reuters) – South Africa’s Eskom (ESKDY.PK: Quote, Profile, Research, Stock Buzz) [ESCJ.UL] said on Tuesday it will rehire 1,700 employees fired after a strike at the Medupi power plant the utility is building, in an attempt to end a row that has hobbled construction at the facility.
The contract workers were dismissed on March 27 for vandalizing property during the one-day strike over better working conditions and higher pay. Thousands of their unionized co-workers stayed away from work on their own volition in solidarity with their fired colleagues, affecting construction.
JOHANNESBURG (Reuters) – Eskom [ESCJ.UL] Chairman Zola Tsotsi has quit his post at the South African utility after growing criticism of his management, clearing the way, said a government source, for it to deal with the country’s electricity crisis without distractions.
Tsotsi resigned on Monday night before the board could vote on removing him for acting improperly by suspending the group’s chief executive and interfering in administrative issues.
JOHANNESBURG (Reuters) – South Africa’s main trade union federation, COSATU, expelled Zwelinzima Vavi, its popular general secretary but a vocal critic of President Jacob Zuma and the ruling African National Congress, senior union sources told Reuters.
The decision was taken on Monday night after the Congress of South African Trade Union’s leaders decided Vavi had acted improperly by refusing to attend COSATU meetings and failing to endorse the expulsion of the National Union of Metalworkers of South Africa, the federation’s largest affiliate, sources said on Tuesday.