A transition away from fossil fuel-based electricity to renewable-based electricity in South Africa can contribute significantly to job creation, growth and increased availability of electricity to support other commercial activities, four investment and energy specialists noted during a discussion on October 19. Investment management company Futuregrowth portfolio manager and head of unlisted credit Paul Semple said the move away from reliance on a monopolistic and coal-based energy sector to new sources of generation located around the country would need to involve the private sector, which has capital to invest in the energy sector.
A Gauteng-based construction and electrical civils company called Maziya General Services has agreed to pay a R300 000 penalty for allegedly colluding on a City Power tender in June 2018.
The tender related to the appointment of labour contractors for the installation and maintenance of medium- and low-voltage infrastructure including public lighting and major capital expenditure projects.
A Gauteng-based construction and electrical civils company called Maziya General Services has agreed to pay a R300 000 penalty for allegedly colluding on a City Power tender in June 2018.
The tender related to the appointment of labour contractors for the installation and maintenance of medium- and low-voltage infrastructure including public lighting and major capital expenditure projects.
The lack of reliable electricity supply is not only leading to lost production and increased costs across South Africa’s shrinking manufacturing sector, but has left enterprises unable to plan, invest and grow, Manufacturing Circle executive director Philippa Rodseth warned on Tuesday. Speaking at the start of a two-day electricity forum hosted jointly with the Industrial Development Corporation to discuss collaborative solutions to the ongoing problem, Rodseth said load-shedding remained an area of great concern, as did inadequate investment and poor maintenance by municipal distributors.
The National Energy Regulator of South Africa (Nersa) has confirmed the receipt of Eskom’s High Court application, through which the utility is seeking to have the regulator’s decision to reject its fifth multiyear price determination (MYPD5) revenue application reviewed and set aside. However, Nersa has yet to decide whether it will be opposing the application.
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