In order to bring you the best possible user experience, this site uses Javascript. If you are seeing this message, it is likely that the Javascript option in your browser is disabled. For optimal viewing of this site, please ensure that Javascript is enabled for your browser.
Friday, 03 September 2010 - 09:55:20
Previous Headline Pause Headline Next Headline
› Login
› Register
› Home
Main Features.
News Programmes
› Fokus
› Kids News
› Special Assignment
› SABC News   International
Additional Features
› Audio Bulletins
› Video Bulletins
› Personalise
› Caught On-Camera
› FAQ
Listen Live
Discussion Forums
Today's Weather
Choose your city:
Min: °C   Max: °C
Financials
Last updated date:
September 03, 2010, 09:29:00
ALL SH 27858.15 0.06%
FIN 15 7874.17 0.07%
GOLD MN 2494.52 0.64%
IND 25 23287.52 0.05%
RES 20 46537.46 0.28%
ZAR/EUR 9.2786 0.11%
ZAR/GBP 11.1661 0.41%
ZAR/USD 7.2320 0.08%
GOLD 1252.80 0.19%
Browse our SABC Sites:
RSS Feeds
Get Flash Player
SA may face power cuts if no World Bank loan March 11 2010 , 8:22:00
Eskom logo

The South African government may need to enforce power cuts or raise electricity tariffs further if a disputed $3.75 billion loan from the World Bank is not approved, a senior government official said today.

"If they say no, we will either increase the tariffs or we will face serious blackouts," Director General at the Ministry of Energy Nelisiwe said.

The United States and Britain have threatened to withhold support for the loan supposed to pay for a coal-fired plant in South Africa, expanding the battleground in the global debate over who should pay for clean energy.

Magubane said South Africa was not asked to provide an alternative to coal in its application for the loan.

State-owned utility Eskom is seeking the loan, intended to help expand power generation capacity to meet fast-rising demand. – Reuters.

 

 Use your mobile phone to find news in a flash at www.sabcnews.mobi

  Email to a friend Print
Related Articles
Eskom unveils plans to generate more funds
SA to be hit by load-shedding for 10 years: Expert
Power cuts taking their toll on SA economic growth
Related Links
Eskom info page
Public hearings into Eskom's proposed 35% tariff increase
User's comments on article
Comments not found.
Place your comment on article
Name:
Your Email Address:
Town & Country:
Phone Number(Optional):
Max of 1000 Chars.
The SABC may edit your comments and not all emails will be published. Your comments may be published on any SABC media.
   
I have read and agree with the Terms & Conditions
 
 
 
   
© Copyright 2008, South African Broadcasting Corporation. All rights reserved.
SABC Home | SABC Group Sales & Marketing | SABC Sport | SABC News | Disclaimer | FAQ | Site Map | Contact Us