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ESKOM: SA Govt to keep Eskom liquid through R230bn fiscal support programme restructure

  • Date: 20-06-19
  • Category: ESKOM
  • Source: Mining MX

THE South African government would lodge a special appropriation bill that would restructure “a significant portion” of a 10-year, R230bn fiscal support programme set aside for Eskom in order to keep the debt-stricken liquid beyond October.

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ESKOM: 5 key things to know about Eskom - as Ramaphosa said it

  • Date: 20-06-19
  • Category: ESKOM
  • Source: Fin 24

President Cyril Ramaphosa spent a large part of his State of the Nation address on Thursday evening focusing on Eskom and how government plans to save the embattled power utility.

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SOUTH AFRICA: Waterberg growth inbound as R12 Bn water access project kicks off

  • Date: 20-06-19
  • Category: SOUTH AFRICA
  • Source: Mining Review

Water supplies to Lephalale municipality, Eskom’s Matimba and Medupi power stations and Exxaro’s Grootegeluk mine will soon be augmented following the implementation of the Mokolo-Crocodile Water Augmentation Project Phase 2A in Limpopo Province.

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ELECTRIC VEHICLES: Electric dreams in danger as funding dwindles for China's Tesla challengers

HONG KONG/BEIJING (Reuters) - Last year, Wei Qing and his private equity investment team visited more than 20 Chinese electric vehicle manufacturing startups.

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SOUTH AFRICA: Rand rallies as Ramaphosa set to give more support for Eskom

  • Date: 19-06-19
  • Category: SOUTH AFRICA
  • Source: Eye Witness News

JOHANNESBURG - The rand rallied in late trade on Tuesday after the government signalled it will give additional support to power firm Eskom and as emerging currencies were lifted by expectations the Federal Reserve could signal US rate cuts.

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ESKOM: The Only Option for Eskom Is One South Africa Can't Afford

  • Date: 19-06-19
  • Category: ESKOM
  • Source: Yahoo Finance

Eskom Holdings SOC Ltd. supplies 95% of the nation’s electricity. If it went bankrupt, the entire economy would be dragged down as well. The danger of that is growing: The utility has a mountain of debt, doesn’t produce enough power to meet demand or cover its costs and urgently needs to implement a turnaround plan that will hinge on government aid.

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PALLADIUM: Palladium performance: can the price go any higher?

  • Date: 19-06-19
  • Category: PALLADIUM
  • Source: Mining Technology

Palladium prices spiked in March as a vehicle emissions controversy in the US and a potential export ban in Russia drove demand for the electric vehicle component. Julian Turner talks price volatility and long-term supplies with Ross Strachan, senior commodities economist at Capital Economics.

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COINS: SA Reserve Bank working on developing a platinum coin

  • Date: 19-06-19
  • Category: COINS
  • Source: IOL

JOHANNESBURG - The South African Reserve Bank (SARB) has said that it was working with the Minerals Council and the Department of Mineral Resources and Energy to develop a platinum coin.

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