Consulting analysts in tomorrow’s commodities and technologies

News

SOUTH AFRICA: Eskom crisis: Arrests over $50m South Africa power station 'fraud'

Two former managers at Eskom, South Africa's ailing power firm, have been arrested for alleged corruption and fraud worth 745m rand ($51m; £39m).

View full story

SOUTH AFRICA: Eskom's De Ruyter must either toe government’s line or ours - NUM

The National Union of Mineworkers has issued an ultimatum to incoming Eskom CEO Andre de Ruyter, saying that if he plans to institute government's planned reorganisation at the struggling power utility it would fight him at every turn.

View full story

SOUTH AFRICA: Eskom terminates load shedding but trouble looms in January 2020

  • Date: 13-12-19
  • Category: SOUTH AFRICA
  • Source: The South African

South Africans can finally breathe a brief a slight sigh of relief, following weeks of electrical disruptions resulting directly from the national power supplier’s dismal operational incapacity. While the country was warned of Eskom’s rickety summer power plan as early as September, the reality of protracted powerlessness proved more daunting and damaging than could’ve been imagined.

View full story

SOUTH AFRICA: Minerals Council urges Govt. to allow private money help re-wire SA’s energy sector

SOUTH Africa’s mining industry has called on Government for a mindset overhaul in respect of the country’s electricity supply, saying that load-shedding was tantamount to an industrial policy decision to “downscale the … sector”.

View full story

SOUTH AFRICA: South African Mining Revival Threatened by Power Cuts

When South Africa’s state-owned utility announced record power cuts on Monday afternoon, Impala Platinum Holdings Ltd. had two hours to hoist thousands of workers from 1 kilometer (0.6 miles) deep shafts.

View full story

SOUTH AFRICA: Anglo CEO urges SA to upgrade rail, ports to boost mining

JOHANNESBURG - South Africa needs to modernize its rail and ports and provide reliable electricity supplies to boost growth in mining, said Anglo American Plc Chief Executive Officer Mark Cutifani.

View full story

SOUTH AFRICA: Amcu signs platinum deal and plans for new battle

  • Date: 26-11-19
  • Category: SOUTH AFRICA
  • Source: Fourways Review

The Association of Mineworkers and Construction Union (Amcu) finally signed the wage deal with platinum producers after four months of negotiations but vowed that the battle against job losses in the industry is about to begin.

View full story

SOUTH AFRICA: District Development Model: Ramaphosa launches service delivery action plan in Waterberg

  • Date: 26-11-19
  • Category: SOUTH AFRICA
  • Source: The South African

Ramaphosa revealed, during his SONA 2019 speech that if one thing was certain regarding South Africa’s service delivery issues, it’s the fact that there is a “lack of coherence in planning and implementation and [this] has made monitoring and oversight of government’s programme difficult”.

View full story