Eskom’s generation capacity has reached 55%: Ramokgopa
Eskom’s generation capacity has reached 55%
Power system healthier but unreliable: Ramokgopa
Ramokgopa says power utility Eskom is taking advantage of reduced demand.
SA electricity grid healthier by 3000 MW: Ramokgopa
The suspension of load shedding is as a result of reduced demand among other factors.
NUMSA condemns Gordhan over SAA-Takatso documents
NUMSA condemns Gordhan for not handing over SAA documents
Drop in fuel price slows inflation
A decrease in the fuel price led to the latest inflation print which has slowed infation.
Mining production up 3.9% in October: Stats SA
Mining production surprised to the upside by 3.9% in October 2023 compared to October 2022
Gazprombank partnership will secure supply of products: PetroSA
The fuel refinery was closed in 2020 due to the depletion of offshore gas feedstocks.
US sanctions on Gazprombank not applicable in South Africa: PetroSA
PetroSA says the US sanctions imposed on Russia’s Gazprombank are not applicable to South Africa.
South Africa’s economy stalls in third quarter
South Africa’s economic growth ground to a halt in the third quarter, shrinking by 0.2%.
Temporary reduction on import duties for EV batteries
The reduction in import duties for EV batteries will be subject to careful consultation.
SA forging ahead to support EV production
Finance Minister will announce fiscal measures to support the production of electric vehicles.
Transnet to receive R47bn support package from Treasury
National Treasury says Transnet will drawdown an initial amount of R22.8 billion.
Gauteng to approach national govt regarding e-toll payment agreement
Gauteng to approach national government over e-tolls payment agreement.
COP28 | Push towards halting investment into fossil fuels
Institutions with assets exceeding $50 billion are adopting policies to halt funding fossil fuels.
SA consumers feel the pinch of rising prices in October
Data released by Stats SA shows that consumers continue to buckle under the pressure of high prices
‘SARB unlikely to hike interest rates despite increased inflation’
Higher food and fuel prices were the main drivers of inflation in October.
Durban Port congestion raises concerns about costs to consumers
RFA says congestion at the Durban port is expected to result in supply chain disruption costs
Despite tax revenue growth, refunds undermine SARS collections
SARS has processed 27 million tax returns using machine learning algorithms.
Over R200 billion lost to fiscus due to Eskom, Transnet: SARS
SARS Commissioner says Eskom’s inefficiencies and Transnet are costing the fiscus over R200 billion
Additional strict conditions added to Eskom’s debt-relief arrangement
Enoch Godongwana may reduce the debt relief available to Eskom.