Steel producer ArcelorMittal South Africa (AMSA) has rebuffed increasingly vociferous calls for the elimination of safeguard duties to ease ongoing supply constraints and price increases in the domestic market. CEO Kobus Verster acknowledges that some backlogs, which began to emerge in late 2019 and became more acute once lockdowns were imposed in response to Covid-19, remain for some categories of steel, most notably flat-steel products.
Namibian power utility Namibia Power Corporation (NamPower) has called for bids for the engineering, procurement and construction of the 50 MW Anixas II power station.
The power station will make use of dual-fuel technologies to be used in an internal combustion reciprocating engine plant.
Power utility Eskom will implement Stage 2 load-shedding from 16:00 on Monday afternoon until 05:00 on Tuesday morning. It has also warned that there is a possibility that load-shedding would continue throughout the week.
Eskom Holdings CEO Andre de Ruyter should not be subjected to an investigation over racism allegations leveled by the company’s now fired chief procurement officer, an advocate hired to make a ruling on the CPO’s conduct said. By setting up the probe in response to allegations leveled by the CPO, Solly Tshitangano, Eskom’s board demonstrated “weakness,” Advocate Nazeer Cassim said in a ruling that led to Tshitangano’s dismissal on May 28. Cassim found the CPO guilty of charges related to a fuel-oil supply deal with Econ Oil & Energy that Eskom says was fraudulent.
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