Parliament wants De Ruyter to hand over intelligence reports

Parliament's lawyers will write to former Eskom CEO André de Ruyter to solicit the controversial intelligence reports he commissioned, the chairperson of the Standing Committee on Public Accounts,... 

Unions reject Eskom's third and 'final' wage offer

Three unions at Eskom have rejected what the power utility has characterised as its third and 'final' offer of a 5.25% wage increase. This comes as Eskom, the National Union of Metalworkers of SA,... 

Cape Town and four other Western Cape municipalities are SA's top performers

Five of the most financially stable municipalities in South Africa are in the Western Cape, and Cape Town is the metro that's leading the pack. This is according to municipal financial... 

Rand plunged to new record low overnight amid economic, interest rate concerns

The rand crashed to a new record low overnight, reaching R19.8279/$ on Thursday night. The currency has now lost almost 26% of its value over the past year. In the past two weeks alone, since the... 

Interest rate hiked by 50 basis points

The South African Reserve Bank's monetary policy committee hiked interest rates by 50 basis points to 8.25%. This is in line with what many economists and the market expected. The earlier consensus... 

De Ruyter to face another grilling by MPs over his Eskom corruption claims

Parliament's Standing Committee on Public Accounts says it plans to call former Eskom CEO André de Ruyter to appear before the committee again, along with several other people, as it continues its... 

Unions reject Eskom's new, improved wage offer

Three unions at Eskom have rejected the embattled power utility's latest 4.5% wage increase offer. Eskom tabled its revised offer, which is a hike from an initial 3.75%, to the National Union of... 

Petrol, diesel prices look set for large cuts - for now

Despite the rand crashing to record low levels last week, fuel prices currently still look set for a cut at the start of June. Based on the latest oil and rand prices, the latest data from the... 

Cholera outbreak: Tshwane testing whether water in tankers or from rivers is the source

The City of Tshwane says it has 52 water tankers going to informal settlements, but it is still being determined whether the cholera source is water in the rivers or water from the tankers. On... 

Weak rand, risk of sanctions will keep interest rates high, says Investec CEO

Asset manager and banking group Investec has warned that South Africa's interest rates are likely to remain elevated for longer than expected as a weaker rand and the risk of sanctions due to... 

How the #LadyRussiagate ship left its usual waters behind to visit SA, minus electronic footprints

The Lady R's position system is on 99% of the time, historic data shows – but not perfect. So were it not for eyewitness accounts, we may never have known that the ship, which allegedly carried... 

Denel denies any involvement in supplying weapons to Russia

As South Africa scrambles to deal with a diplomatic crisis brought on by US claims that the country sold arms to Russia, Rheinmetall Denel Munition (RDM) has vehemently denied any involvement in... 

Another Eskom employee in court for fraud, theft and money laundering in Mpumalanga

Another Eskom employee in Mpumalanga has appeared in court on fraud, theft and money laundering charges – this time in Standerton. Zandile Rosemary Ngcobo, 43, was released on R5 000 bail after she... 

KwaZulu-Natal to get mega water board with new members – Mchunu

Water and Sanitation Minister Senzo Mchunu plans to axe 24 members of two embattled water boards to make way for a new water structure at the end of July. The proposed name of the new structure is... 

Ramaphosa asked to shed light on electricity crisis in parliamentary Q&A

With the country still hampered by loadshedding, and with no end in sight, it is perhaps no surprise the focus of President Cyril Ramaphosa's question session on Thursday will be the energy crisis.... 

Ramokgopa: Running diesel plants may be costly, but loadshedding is far worse

Eskom will likely exceed its diesel budget this financial year, but the cost of load shedding to the economy would be far worse, said Electricity Minister Kgosientsho Ramokgopa. The minister was... 

Rand hits worst level since 2020

The rand has slumped to its worst level since April 2020, reaching R18.81/$ earlier on Wednesday. Less than a year ago, it was trading below R15.30. Global markets are jittery ahead of US inflation... 

De Ruyter only submitted Eskom corruption report just before Parliament appearance - Hawks

Former Eskom CEO André de Ruyter only submitted a report to law enforcement authorities on corruption at the utility the day before he appeared in Parliament in April, and long after he had... 

We can't compensate, 'but we empathise': Eskom says it's not to blame for power outages in Mahikeng

Eskom says it can't commit to compensating businesses affected by power cuts in Mahikeng.  The power utility's customer relations manager, Ezekiel Baruti, told News24 that the power outages, which... 

Gordhan to lodge 'urgent appeal' against loadshedding exemption ruling

Government will lodge an urgent appeal against a ruling that it prevent loadshedding for schools, healthcare facilities and police stations within 60 days. This step is to avoid "undue risk" to the... 

Sasria will no longer provide cover for riot damage if the power grid collapses

South Africa's special risk State-owned insurer will no longer provide cover for damage to property caused during riots and protests that could break out in the event the country's electricity grid... 

Putco resumes operations after subsidy debacle put the brakes on its service

Putco has resumed its bus service after operations in Gauteng, Limpopo and Mpumalanga were suspended due to diesel shortages that were brought about by an outstanding Gauteng roads and transport... 

Key energy plan will be developed in a year's time, says Ramaphosa

President Cyril Ramaphosa has issued a gazette indicating a key section in law - which will allow the long-awaited Integrated Energy Plan to be developed - will come into effect. This comes after... 

Putco suspends bus services in Gauteng after unpaid govt subsidy leads to diesel shortages

Putco has suspended bus services from Thursday until further notice due to diesel shortages as a result of an outstanding subsidy from the Gauteng Department of Roads and Transport. "The disruption... 

South Africa's only driving licence card machine breaks down again

The Department of Transport says the country's only driving licence printing card machine has broken down again. In a statement on Wednesday, the department said the machine underwent routine... 

Tim Harris appointed to chair interim SA Tourism Board

Former Wesgro CEO Tim Harris will chair the interim SA Tourism Board. Tourism Minister Patricia de Lille said she would gazette the appointment on Friday. 

Plans for Karpowership's Saldanha Bay project hit another delay

Karpowership SA has withdrawn an environmental impact assessment report for its proposed Saldanha Bay project, which forms part of its application for environmental authorisation. Given the... 

More Stage 6 loadshedding as breakdowns approach 19 000 MW

Stage 6 loadshedding will be implemented from 16:00 on Tuesday until 05:00 on Thursday, Eskom said in a statement.  After that, stages will vary between 4 and 6 until late on Friday.  

Eskom keeps Oberholzer on for longer to help SA through power crisis

Jan Oberholzer, Eskom's first and last COO, will stay at the troubled power utility for a while longer following his retirement in April, specifically to help see it through SA's loadshedding... 

Mantashe: Govt's plans to end loadshedding not about 'mobilising votes'

Dealing with loadshedding is not about "mobilising votes", according to Mineral Resources and Energy Minister Gwede Mantashe. The minister was answering questions from members of Parliament's... 

Another cut in diesel prices, but petrol will be pricier from Wednesday

The wholesale diesel price will be lowered on Wednesday, but petrol is getting more expensive. Petrol (both 93 and 95 unleaded) will be hiked by 37c a litre, while diesel will be cut by 47.5c... 

Loadshedding downgraded for long weekend

Stage 4 loadshedding will be implemented from 16:00 today until 05:00 on Thursday, Eskom announced. Thereafter, load shedding will be progressively reduced until it reaches Stage 1 by Sunday. 

Mantashe doubles down: Loadshedding can be over by year-end - but take Karpowership 'seriously'

Mineral Resources and Energy Minister Gwede Mantashe still believes loadshedding could be over by the end of the year if emergency power procurement through Karpowership, along with other measures,... 

Electricity Minister: No power, no budget, no oversight, no problem

A parliamentary committee will not oversee Electricity Minister Kgosientsho Ramokgopa as his ministry won't have its own budget, the National Assembly Rules Committee has decided. On Tuesday... 

Diesel price set for cut next week, but petrol may get pricier

The wholesale diesel price looks set for a cut on Wednesday next week, but petrol may become pricier. Based on the latest oil and rand prices, the latest data from the Central Energy Fund shows... 

Five candidates shortlisted for Eskom CEO

Eskom has compiled a shortlist consisting of five candidates to take on the role as CEO of the embattled utility. Delivering a keynote address at the National Demand Side Management Indaba in... 

Eskom chair Mpho Makwana says SA needs to decarbonise fast

As President Cyril Ramaphosa considers a proposal to extend the lifespan of some of South Africa’s coal-fired power plants, Eskom chairperson Mpho Makwana has said the country needs to decarbonise... 

Govt gives TotalEnergies green light to search for oil, gas between Cape Town, Agulhas

The Department of Mineral Resources and Energy has granted TotalEnergies environmental authorisation to conduct exploratory drilling off the southwest coast. Interested and affected parties have 20... 

Ramaphosa calls urgent Cabinet meeting to discuss new plan for old coal power stations

President Cyril Ramaphosa will chair a special Cabinet meeting on Wednesday to examine a plan by electricity minister Kgosientsho Ramokgopa to slow the decommissioning of old coal power stations as... 

Karpowership missed deadline to appeal environment dept rejection by 10 days, seeks extension

Karpowership SA missed a deadline to appeal the Department of Forestry, Fisheries and Environment's (DFFE) decision to refuse it environmental authorisation for a floating gas power project at the...