SA warming to nuclear power as prepares request for proposals
THE South African government is warming to nuclear as a long-term solution to its power crisis, according to a report by News24.
In a parliamentary...
Namibia agrees $10bn green hydrogen deal with German firm
NAMIBIA unveiled an agreement with German-backed Hyphen Hydrogen Energy for the next phase of a previously agreed $10bn green hydrogen project that will export...
Eskom lifts wage offer to 5.25% but unions likely to reject...
ESKOM has raised its wage hike offer to unions to 5.25% from 4.5%, according to a document seen by Business Maverick.
The publication said today however...
Eskom to appoint new CEO “within the next month or so”...
ESKOM will appoint a new CEO to replace André de Ruyter who left in February within the next month, said BusinessLive citing Pravin Gordhan,...
Investing in modernising Eskom fleet a “thankless task” for investors, says...
INVESTING in the modernisation of South Africa's ageing coal fired power stations would be "a thankless task", said Andrew Canter, chief investment officer of...
Thungela cuts coal sales forecast, goes cautious on dividends amid “heightened”...
THUNGELA Resources reduced prodution guidance for 2023 thermal coal exports as it prepared for another wretched performance from South Africa's government-owned rail and ports...
Merafe to get electricity tariff relief but Transnet chrome volumes 50%...
MERAFE Resources is optimistic of getting relief from crippling electricity tariff increases after getting "solid traction" in discussions with Eskom, the state-owned power company.
This...
Tendele heading back to court over Somkhele after fresh environmental objection
TENDELE Mining is heading back to court after fresh legal objection to the reopening of the controversial Somkhele coal mine near Mtubatuba in KwaZulu-Natal...
Exxaro prunes payout as discerns TFR will have another year of...
LAST year’s booming export coal market boosted Exxaro Resources's revenues by 41% and profits by 78% compared with 2021, but the group has cut...
Minergy seeking financial bailout from Botswana Govt. after coal price slumps
A CORRECTION in the coal price has had serious consequences for Minergy which said last week that operations at its Masama mine in Botswana...