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State Companies

Eskom group executive for distribution Monde Bala
Eskom expects to roll out virtual wheeling scheme before end of 2024
6th October 2023 By: Terence Creamer

Electricity utility Eskom expects to formally roll-out a virtual wheeling scheme, which it has been piloting with mobile telecoms group Vodacom since August, to the rest of the market before the... 


African Rail Industry Association CEO Mesela Kope-Nhlapo
Rail industry needs all hands on deck if it is to be saved – industry association
6th October 2023 By: Darren Parker

The resignation of Transnet Freight Rail (TFR) CEO Siza Mzimela just days after Transnet group CEO Portia Derby announced that she will be stepping down has highlighted the urgent need for key... 


Public Enterprises Minister Pravin Gordhan
Eskom to have CEO by year end – Gordhan
6th October 2023 By: Bloomberg

South Africa will name a chief executive officer for beleaguered power utility Eskom by the end of the year, Public Enterprises Minister Pravin Gordhan said. Eskom has been without a full-time head... 


R2bn Kusile corruption case: Court holds hearing to establish if State has its ducks in a row
5th October 2023 By: News24Wire

The lead investigating officer in the R2.2-billion Kusile corruption case involving former Eskom executive Matshela Koko, has begged the Middleburg Specialised Commercial Crimes Court in Mpumalanga... 


An image of a TFR locomotive
TFR undertaking initiatives to address constraints, outgoing CEO says
5th October 2023 By: Tasneem Bulbulia

Transnet Freight Rail (TFR), as a division of Transnet, is affected by three major constraints hampering the entity; however, there are initiatives under way to mitigate this and some progress is... 


SOEs no longer sustainable, mandate must be reviewed – PSA
5th October 2023 By: Thabi Shomolekae

Trade union the Public Servants Association of South Africa on Thursday urged government to reduce wasteful expenditure at State-owned entities and appoint qualified, experienced and competent... 


A FlySafair plane at the King Phalo airport
Commission recommends Tribunal approve ACSA's acquisition of bpSA's aviation fuel supply assets at two airports
5th October 2023 By: Creamer Media Reporter

The Competition Commission has recommended that the Competition Tribunal unconditionally approve the proposed transaction whereby the Airports Company South Africa (ACSA) intends to acquire the... 


Johannesburg bridge collapse: Safety MMC says it was a 'disaster waiting to happen'
5th October 2023 By: News24Wire

The City of Johannesburg's MMC for Public Safety, Mgcini Tshwaku, warned that the collapse of a pedestrian bridge on Wednesday would have turned into a major disaster if it occurred during peak... 


Wagons of coal being transported to port by rail
Transnet rail CEO Siza Mzimela has resigned
5th October 2023 By: News24Wire

The CEO of Transnet Freight Rail (TFR) Siza Mzimela has resigned.  Mzimela sent out a letter to staff on Thursday reminding them of the progress made in the past three years, thanking them for... 


Energy Council of South Africa chairperson and Sasol CEO Fleetwood Grobler
Business, govt collaboration showing signs of success in addressing multiple crises
4th October 2023 By: Marleny Arnoldi

Business is working to add more than 10 GW of generation capacity to the electricity system by the end of next year, which would effectively end loadshedding in South Africa, Sasol president and... 


Eskom Logo
Eskom, SAA and others miss deadline to finalise financial statements
4th October 2023 By: News24Wire

Four state-owned enterprises – Eskom, South African Airways, Denel, and Alexkor – as well as the UIF, the Compensation Fund, and the National Student Financial Aid Scheme have missed the deadline... 


NUM calls for halt of Eskom unbundling, JET to ensure fairness
2nd October 2023 By: Marleny Arnoldi

The National Union of Mineworkers (NUM) has called for a delay in the implementation of the just energy transition (JET) until such time that all stakeholders are convinced that such a move will be... 


A Mango aeroplane
Public Enterprises seeks to appeal court judgment regarding budget airline Mango
2nd October 2023 By: Rebecca Campbell

The Department of Public Enterprises (DPE) announced on Monday that it had applied for leave to appeal the Pretoria High Court judgment, and order, regarding State-owned low-cost airline Mango,... 


Electricity Minister Kgosientsho Ramokgopa
As Kusile unit returns early, South Africa misses renewables procurement deadline
1st October 2023 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa has welcomed the earlier-than-expected return of Kusile Unit 3 coal-fired generation, but has also acknowledged that government simultaneously failed to... 


National Treasury makes two new appointments
29th September 2023 By: Tasneem Bulbulia

The National Treasury has appointed Mmakgoshi Lekhethe as Asset and Liability Management deputy director-general and Christopher Axelson as DP Tax and Financial Sector Policy acting deputy, with... 


Transnet group CEO Portia Derby
'Transnet execs must go now.' Cosatu adds pressure as deadline looms
29th September 2023 By: News24Wire

As a sword hangs over the heads of top Transnet executives, group CEO Portia Derby and head of Transnet Freight Rail Sizakele Mzimela, the Congress of South African Trade Unions has turned up the... 


Photo of Terence Creamer
Eskom's summer outlook
29th September 2023 By: Creamer Media Reporter

Engineering News editor Terence Creamer discusses Eskom's system outlook for the high-maintenance summer months; the early return of units at Kusile and the impact of that decision on pollution;... 


Eskom logo
Eskom reports initial success in avoiding prepaid meter catastrophe
29th September 2023 By: News24Wire

Eskom has finally started a national update for the 6.6-million prepaid electricity meters under its control before they all become non-operational late next year. The utility said that the update,... 


Interim Eskom CEO Calib Cassim
Eskom aiming not to breach Stage 4 loadshedding this summer
27th September 2023 By: Terence Creamer

Eskom is aiming to limit loadshedding to Stage 4 during the summer months to the end of March by restricting unplanned breakdowns to 14 500 MW during what is also its high-maintenance season, when... 


Railway tracks
Bad weather causes major disruptions on TFR’s Cape Corridor
27th September 2023 By: Darren Parker

State-owned rail company Transnet Freight Rail (TFR) has announced that it is experiencing significant disruptions to rail services on some parts of the Cape Corridor as a result of severe weather... 


TP Nchocho
IDC reports surge in disbursements to R17.8bn despite economic headwinds
26th September 2023 By: Terence Creamer

The Industrial Development Corporation (IDC) has reported a 147% surge in disbursements to R17.8-billion for 2022/23, up from only R7.2-billion in the prior year – a performance that is within... 


Lightbulb
Eskom suspends loadshedding over the long weekend
22nd September 2023 By: News24Wire

Due to the sustained improved performance of generation availability as well as the anticipated lower demand over the long weekend, Stage 2 loadshedding will be implemented at 16:00 this afternoon... 


Electricity Minister Kgosietsho Ramokgopa says Eskom has provided a response to the issues raised in the appeal
Early Kusile restart uncertain as Creecy adjudicates emissions appeal
22nd September 2023 By: Terence Creamer

The Department of Fisheries, Forestry and the Environment (DFFE) has confirmed that Minister Barbara Creecy is still adjudicating an appeal of the National Air Quality Officer’s (NAQO’s) decision... 


Electricity Minister Kgosientsho Ramokgopa
Grid investment ‘fully funded’ for next three years, but scale-up requires alternative models
21st September 2023 By: Terence Creamer

Eskom has indicated that it has sufficient funding for the coming three years for the grid infrastructure investments that will be pursued in line with its Transmission Development Plan, but says... 


Photo of Terence Creamer
More licences approved for transmission company
21st September 2023

Engineering News editor Terence Creamer discusses the National Energy Regulator of South Africa's approval of two more licences required for the National Transmission Company South Africa (NTCSA)... 


Public Enterprises Minister Pravin Gordhan
Gordhan criticises Eskom’s ‘elongated’ restructuring timelines, wants grid company trading from Nov
20th September 2023 By: Terence Creamer

Public Enterprises Minister Pravin Gordhan has criticised Eskom’s “elongated” restructuring timeframes and has called for greater urgency and drive from the utility in completing the remaining... 


Pressure for action grows as South African ports firm flails
19th September 2023 By: Bloomberg

Business lobby groups are piling pressure on South Africa’s government to act against the management of state ports and rail operator Transnet for failures they say are hobbling economic growth.... 


Necsa CEO Loyiso Tyabashe
Necsa 2022/23 profit owing to success of turnaround strategy
19th September 2023 By: Rebecca Campbell

South African Nuclear Energy Corporation (Necsa) group CEO Loyiso Tyabashe has credited the group’s R125-million profit (and total comprehensive income of R145-million) in the 2022/23 financial... 


Power line
Eskom expects NTCSA to begin trading from April
19th September 2023 By: Terence Creamer

Eskom expects the remaining suspensive conditions required for the operationalisation of the National Transmission Company South Africa (NTCSA) to be met by the end of its current financial year... 


Rail link to Port Elizabeth port damaged by rough seas
18th September 2023 By: Schalk Burger

Transnet Freight Rail's (TFR's) rail link into the Port of Port Elizabeth has been heavily damaged by rough sea conditions that caused a wash-away of the track formation on September 16. This is... 


Attacq is developing Waterfall City, located in Johannesburg, Gauteng
Attacq, GEPF conclude landmark equity transaction
18th September 2023 By: Cameron Mackay

JSE-listed real estate investment trust Attacq, which is developing Waterfall City, in Gauteng, has concluded its landmark R2.7-billion transaction with the Government Employees Pension Fund... 


Power lines
Energy Regulator approves two outstanding licences for new grid company
18th September 2023 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has approved the two licence applications required for the operationalisation of the National Transmission Company of South Africa (NTCSA),... 


Public Enterprises Minister Pravin Gordhan
South Africa publishes draft law to establish holding company for State entities
18th September 2023 By: Bloomberg

South Africa has released a draft law that will facilitate the creation of a holding company to house struggling power utility Eskom, rail and port operator Transnet and other State-owned... 


BLSA CEO Busi Mavuso
Too early to say if proposed SOE holding company will succeed – Mavuso
18th September 2023 By: Marleny Arnoldi

With Cabinet having recently approved the publication of the draft National State Enterprises Bill for public comment, Business Leadership South Africa (BLSA) CEO Busi Mavuso says it contains... 


The Atlantis OCGT plant
Diesel supply problem blamed for low OCGT use during intense loadshedding week
17th September 2023 By: Terence Creamer

Eskom has confirmed that problems in the diesel supply chain last week meant that it did not operate its open-cycle gas turbines (OCGTs) as “hard” as it would have done normally in a context where... 


Saice suggests PPPs as the solution to govt’s constrained fiscus
15th September 2023 By: Cameron Mackay

The South African Institution of Civil Engineering (Saice) suggests an alternative solution that will assist the National Treasury as it grapples with the country’s constrained fiscus. In a letter... 


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