Eskom to submit complete revenue application to Nersa
Eskom says it will submit a complete revenue application to the National Energy Regulator of South Africa (Nersa) for the 2018/19 financial year. On Friday, 11 August, Nersa announced its decision that no condonation would be granted to Eskom’s request to deviate from meeting certain requirements of the Multi-Year... Read more
Labour to host employment equity workshops
The Department of Labour is expected to host two workshops to advocate employment equity (EE) compliance in the Eastern Cape. The Department of Labour uses the EE compliance workshops to create awareness of compliance with the Employment Equity Act, and help prepare employers for the requirements needed when submitting... Read more
CDC’s energy approach boasts well for Eastern Cape
The Coega Development Corporation (CDC) recently hosted the Minister of Energy Ms Mamokolo Kubayi who recommitted the Coega SEZ as one of the preferred locations identified to host the gas to power plant and identified the CDC as one of the important partners to assist the department in implementing... Read more
Steps being taken to keep SAA flying high
Finance Minister Malusi Gigaba says steps are being taken to address the challenges faced by South African Airways (SAA). Addressing Members of Parliament (MPs) at the Old Assembly Chamber in Parliament on Friday, the Minister said while the airline is faced with external market challenges, as is the case... Read more
Latest tender signals further work on N2 Wild Coast Road corridor
The South African government released its latest tender bulletin today. In this bulletin, No 2976, the South African National Roads Agency SOC Limited (SANRAL) has invited tenders for airborne and ground geophysical investigations along the new N2 Wild Coast road corridor between Port St Johns and Port Edward. This project is... Read more
Minister receives recommendation to designate Atlantis SEZ
Trade and Industry Minister Rob Davies has received a recommendation to designate the Atlantis Special Economic Zone. The Minster received the recommendation from the Special Economic Zones Advisory Board as the application for the designation of the Special Economic Zone (SEZ) was jointly submitted by the Western Cape Provincial... Read more
Eskom CFO placed on special leave
Eskom has placed its Chief Financial Officer (CFO) Anoj Singh on special leave pending an investigation. “The Board of Directors of Eskom has taken a decision to grant Chief Financial Officer, Mr Anoj Singh, special leave pending an investigation,” the power utility said on Thursday. Registered chartered accountant Calib... Read more
Public sector institutions’ capex spending increases
While the South African economy is facing challenges, capex spending by public sector institutions has been growing steadily, Statistician General Pali Lehohla said on Wednesday. “In terms of what the vision for South Africa is, we have the National Development Plan (NDP) and what we need to do is... Read more
Minister Brown backs Eskom investigation
A thorough investigation is the only way to lift the cloud shrouding State-owned enterprises stemming from allegations of State capture, says Public Enterprises Minister Lynne Brown. In a statement on Tuesday, Minister Brown reiterated that she is on record as supporting the investigation of the Directorate for Priority Crime... Read more
Coega remains a preferred location for gas-to-power says government
Coega SEZ remains one of the preferred location for its gas aspirations, particularly for the 1000MW LNG project announced to the Coega SEZ last year  says Minister of Energy, Ms Mmamoloko Kubayi. Her announcment followed a visit to the Eastern Cape SEZ with the MEC for Economic Development, Environmental Affairs... Read more