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Govt finally kicks Eskom restructure into motion as firm warns of...

THE South African government is taking steps to bring about fundamental change in power utility Eskom, including setting up a chief restructuring office and...

Exxaro to build on non-coal ambitions with R1.55bn takeover of Cennergi

EXXARO Resources is to buy 100% control of its renewable energy play Cennergi from India's Tata Power Company for R1.55bn as it seeks to...

SA Govt. has no time for complicated Eskom unbundling – Goldman...

ESKOM, South Africa's beleaguered electricity utility company, did not have the time to embark on a complicated restructuring process, said Bloomberg News citing the...

SA Govt to keep Eskom liquid through R230bn fiscal support programme...

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...

Kibo welcomes ‘commercial clarity’ after securing mining rights for Mbeya in...

DUAL-listed Kibo Energy has secured seven mining rights for its Mbeya coal-to-power project (MCPP) in Tanzania, further to the announcement dated July 9, the...

Wescoal joins Ata consortium in takeover bid for Universal Coal

WESCOAL Holdings, the Johannesburg-listed coal producer, said it had joined a consortium led by private equity firm, Ata Resources, to buy Universal Coal. Universal Coal...

Kibo Energy’s Mbeya project may form part of Tanzania’s 880MW export...

JOHANNESBURG- and London-listed Kibo Energy would repoint its Mbeya Coal to Power Project (MCPP) to the export market supplying up to 1,000MW of electricity...

SA coal miners polluting Mpumalanga province water on “egregious” scale –...

COALĀ mines operated by some of South Africa's largest companies were polluting areas of Mpumalanga province, an area identified by Greenpeace last year as having...

Eskom thinks plan to cancel debt through sale of Kusile, Medupi...

SOUTH African power utility, Eskom, did not believe the sale of its coal-fired power stations was "the way to go", said Bloomberg News citing...

AEMFC failed to win Govt. support for Optimum bid – report

A BID by the state-owned African Exploration & Mining Finance Company (AEMFC) to take control of Optimum Coal Mines in consortium with a private...