BizNis Africa
Latest News
SANRAL empowers local SMMEs road maintenance providers
The present upgrading of the Moloto Road north of...
Nthwese Developments gets 2018 SAPOA Property Development Award
Nthwese Developments Bambanani Shopping Centre in Diepsloot won the...
Shopping malls remain more profitable for big brands
Shopping centres are being expanded, renovated and some newly...
Tech hubs in East Africa spur next generation of disruptors
Ongoing improvement in East Africa’s economic prospects is forecast...
Climate Investor One becomes major renewable energy development funders
Climate Fund Managers (CFM), the fund manager of the...
GRIT and Hodari officially launch Mozambican Property and Asset Management Company
Grit, the only listed Africa-focused income distribution group to...
VC4A calls for African start-up entrepreneurs to apply for investment
VC4A (https://VC4A.com)  is calling for disruptive African scale-ups looking...
Sasfin Wealth appoints new Senior Portfolio Manager
Sasfin Wealth is pleased to announce the appointment of...
Cyber and digital skills top growth threats to private business
Growth confidence is high amongst private business owners, for...
SAICA charges former Eskom CFO Anoj Singh with misconduct
The South African Institute of Chartered Accountants (SAICA) announced...

Eskom

SAICA charges former Eskom CFO Anoj Singh with misconduct

Wednesday, June 20th, 2018

SAICA charges former Eskom CFO Anoj Singh with misconduct

The South African Institute of Chartered Accountants (SAICA) announced on 19 June 2018, that it has charged disgraced former Eskom Chief Financial Officer, Anoj Singh, with misconduct following extensive period of investigation. Signh resigned from Eskom in January 2018 after being placed on suspension by the power utility in September 2017 following allegations that he

Eskom misses deadline for tariff appeal

Tuesday, June 12th, 2018

Eskom misses deadline for tariff appeal

The Eskom’s Board’s latest announcements of intentions to appeal a 5% tariff approval does not come as a shock, according to Ted Blom, a partner at Mining & Energy Advisors, and former Eskom staffer. This “reopener” application...

Medupi and Kusile – time to pull the plug or face tariff boycott

Monday, June 4th, 2018

Medupi and Kusile – time to pull the plug or face tariff boycott

“It is no secret Eskom is haemorrhaging funds following a series of poor management decisions since 2007 and wide-scale looting and corruption caused by successive ANC deployed cadres and the Guptas,” states Ted Blom, Mining & Energy...

How to build your own electricity connection to the power grid

Monday, June 4th, 2018

How to build your own electricity connection to the power grid

The huge demand for new electricity connections in the business sector caused a backlog in infrastructure delivery at Eskom in the past and, resulting in longer waiting periods for some customers. Having now addressed the backlog, and...

Tariff hike hearings wrap-up with Eskom facing deeper challenges

Sunday, June 3rd, 2018

Tariff hike hearings wrap-up with Eskom facing deeper challenges

Nersa’s hearings into the Eskom tariff hike request closed in Midrand, South Africa, presenting the panel with its biggest headache to date. Of the ZAR66 billion claimed, some ZAR44 billion was a claim for a shortfall of...

Kusile power plant to unveil first air quality control system in Africa

Tuesday, April 10th, 2018

Kusile power plant to unveil first air quality control system in Africa

GE’s Steam Power business today, 10 April 2018, announced that it has successfully completed tests for performance of Unit 1, of the Wet Flue Gas Desulphurization Plant (WFGD) at Eskom’s Kusile newly built plant, the first air...

Moody’s downgrades Eskom’s long-term CFR

Thursday, March 29th, 2018

Moody’s downgrades Eskom’s long-term CFR

Moody’s Investor Services (Moody’s) has downgraded to B2 from B1 Eskom’s long-term corporate family rating (CFR). The zero coupon eurobonds rating has similarly been revised to ‘B2’ from ‘B1’ in line with the CFR and the global...

Anglo American seals Eskom-tied thermal coal operations to Seriti Mine

Thursday, March 1st, 2018

Anglo American seals Eskom-tied thermal coal operations to Seriti Mine

Anglo American confirms completion of the sale of its Eskom-tied domestic thermal coal operations in South Africa to Seriti. The consideration payable for the Operations as at 1 January 2017 is ZAR2.3 billion, approximately $164 million. “We...

Jabu Mabuza to offer keynote address at SA REIT Conference 2018

Thursday, March 1st, 2018

Jabu Mabuza to offer keynote address at SA REIT Conference 2018

Eskom Chairman Jabu Mabuza will join global and local business influencers at the SA REIT Conference 2018 in Sandton Central. In his headline address, Mabuza will explore the challenges South Africa has to overcome in reigniting its...

Eskom celebrates 95 years of doing business in Africa

Thursday, March 1st, 2018

Eskom celebrates 95 years of doing business in Africa

Eskom turns 95 years today, 1 March 2018 and the organisation celebrates this occasion with 100 380 households that have connected to the national grid over the past six months. The National Treasury has allocated ZAR17.3 billion...

Page 1 of 8 1 2 3 4 5 6 8