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ESKOM: South Africa approves $4 bln bailout for debt-laden Eskom

  • Date: 22-10-19
  • Category: ESKOM
  • Source: Financial Post

JOHANNESBURG — Crisis-hit South African power company Eskom was handed an additional 59 billion rand ($4 billion) lifeline by parliament on Tuesday, prompting criticism from opposition parties who described it as a “blank check.”

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ESKOM: Eskom files affidavit against Deloitte ordering the return of R207m tenders

  • Date: 22-10-19
  • Category: ESKOM
  • Source: The South African

The tenders were altered to 'just under the ceiling price' which granted its approval from provincial Treasury.

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PGM PRODUCERS: Unki Mine platinum production up 6 %

ANGLO American Platinum’s (Amplts) Zimbabwean unit, Unki Mine, has recorded a 6% increase in platinum production, a recently released third quarter performance report has revealed.

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AUTO PRODUCTION: How Toyota will make its new EVs

TOKYO — To make its new portfolio of electric vehicles less costly to create and more efficient to build, Toyota has created a dedicated platform called e-TNGA — a play on the name of the company's Toyota New Global Architecture modular platform.

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ESKOM: No power outages planned for this week: Eskom

  • Date: 21-10-19
  • Category: ESKOM
  • Source: ENCA

Eskom says no power outages are planned for Monday and probably throughout the week.

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AUTO PRODUCTION: Audi to release A6 plug-in hybrid

Audi is expanding its range of electrified models to include the A6 55 TFSI e quattro. However, the plug-in hybrid can only be ordered for the limousine of the popular company car model – from just under 69,000 euros.

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BATTERIES: BMW is changing their resource strategy

  • Date: 21-10-19
  • Category: BATTERIES
  • Source: Elecdrive

The BMW Group is changing its strategy for purchasing raw materials for electric cars. In the case of important materials such as lithium and cobalt, intermediaries are to disappear from the supply chain.

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ZIMBABWE: ‘US$12bn from mining is small change’

  • Date: 20-10-19
  • Category: ZIMBABWE
  • Source: Sunday Mail

Zimbabwean miners have thrown their weight behind Government’s roadmap towards attaining a US$12 billion mining industry in the next three years, saying the targets were achievable, but implored the need to come up with a collective action plan.

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