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30 April 2017
                       
 
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21 Apr 2017
 
 
President Zuma’s track record: 7 claims about #progress fact-checked
AFRICA CHECK
The South African presidency took stock of government’s progress under President Jacob Zuma in celebration of his 75th birthday on 12 April. A series of tweets – under the hashtag #progress –...
 
 
11 Apr 2017
 
Unions back Seriti's purchase of Anglo coal mines
COAL
Two labour unions on Tuesday publicly backed the sale by Anglo American of coal assets to Seriti, the new black-owned start-up with aspirations to be South Africa’s next mining champion. Both the...
 
 
10 Apr 2017
 
 
 
R2.3bn Anglo coal sale to Seriti may hit Eskom ownership snag
COAL
A new aspirant South African mining champion on Monday announced its intention to purchase Anglo American’s Eskom-tied domestic thermal coal operations in South Africa, which would position the...
 
 
06 Apr 2017
 
Platinum has best price improvement prospects – Major
JOBURG INDABA
Platinum has better price improvement prospects than virtually any other commodity, Cadiz Corporate Solutions mining director Peter Major said on Thursday. Speaking at a breakfast to publicise the...
 
 
30 Mar 2017
 
 
 
 
 
Eskom to fast-track socioeconomic assessments for five coal stations facing closure
ELECTRICITY
Public Enterprises Minister Lynne Brown has called on Eskom to urgently complete socioeconomic impact assessments for its coal-fired power stations in Mpumalanga, five of which having been...
 
 
24 Mar 2017
 
Ratings ‘pressure point’
REAL ECONOMY: CONTINGENT LIABILITIES
While much of 2016 was dedicated to junk avoidance, the risk of a downgrade persists, with both Fitch Ratings and S&P Global to decide this year whether to designate the country as ‘stable’, or to...
 
 
23 Mar 2017
 
Eskom: Eskom signs electricity sales agreement with NamPower
STATEMENT
Eskom today signed a five year firm electricity sales agreement with Namibia’s national electricity utility NamPower, at the 42nd Southern African Power Pool (SAPP) executive committee meeting in...
 
 
22 Mar 2017
 
 
 
S&P affirms Eskom rating on ‘extremely high’ likelihood of govt support as liquidity weakens
ESKOM
S&P Global Ratings has sustained a negative outlook on Eskom after affirming its 'BB-' sub-investment-grade rating this week, pointing to the State-owned electricity utility’s weakening liquidity...
 
 
14 Mar 2017
 
S&P Global sees higher use of guarantees by Eskom as ratings ‘pressure point’
CREDIT RATING
S&P Global warns that contingent liabilities associated with guarantees to State-owned companies (SoCs) such as Eskom have emerged as a “pressure point” for South Africa’s sovereign rating, which...
 
 
08 Mar 2017
 
Strong outlook for recovering ferrochrome industry – Merafe
FERROCHROME
Ferrochrome and chrome ore prices recovered from rock bottom in the first quarter of last year to levels twice and four times higher respectively in 2017, a year in which a shortage of electricity...
 
 
07 Feb 2017
 
 
 
Eskom releases redacted version of Dentons report, but only to PAIA applicants
ESKOM
State-owned electricity utility Eskom has agreed to release a redacted version of a “final report” compiled by international legal firm Dentons in July 2015, following a board-initiated probe into...
 
 
28 Dec 2016
 
 
 
Eskom’s excess generation capacity builds as Kusile Unit 1 ties-in to national grid
ELECTRICITY
South Africa’s electricity utility Eskom has connected the first power-generating unit of the new Kusile coal-fired power station, in Mpumalanga; reaching the milestone ahead of schedule and adding...
 
 
13 Dec 2016
 
 
 
Eskom insists Koeberg not affected by manufacturing anomalies afflicting French reactors
NUCLEAR
South African electricity utility Eskom insisted on Tuesday that the Koeberg nuclear power station, located in the Western Cape, is not affected by manufacturing anomalies that have afflicted the...
 
 
11 Nov 2016
 
 
 
 
 
Molefe steps down, but denies it’s an admission of wrongdoing
LEADERSHIP
Eskom CEO Brian Molefe announced on Friday that he would leave the State-owned electricity utility on January 1, 2017, but denied that the move was an admission of “wrongdoing on my part”. The...
 
 
07 Nov 2016
 
How Zuma has used the capture of South Africa's state institutions to stay in power
THE CONVERSATION
The withdrawal of charges against South Africa’s Finance Minister Pravin Gordhan by the country’s National Prosecuting Authority brings to mind events in 2008 when a judge quashed corruption...
 
 
 
                       
 
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