The chairperson of South Africa’s ailing power utility Mpho Makwana has quit and will leave Eskom Holdings at the end of the month. He will be replaced by former MTN Group executive Mteto Nyati.
Eskom has confirmed that Unit 3 at the Kusile coal-fired power station is currently providing 720 MW into the electricity grid using a temporary flue that bypasses the flue-gas desulphurisation (FGD) pollution control system. Unit 3 was restarted on September 30, just short of a year after it as well as units one and two became inoperable on October 23, 2022, after a slurry build-up in the Unit 1 flue led to its collapse, damaging the other two flues in the west chimney they share in the process.
Electricity Minister Kgosientsho Ramokgopa says that work is under way on the creation of an “instrument” that will allow poorer households to participate in the ongoing roll-out of rooftop solar systems – a trend currently dominated by higher-income households and companies. Speaking during his weekly briefing on the Energy Action Plan (EAP), the Minister said the current incentives available from the National Treasury, as well as the financing available from banks, presupposed that firms and households had financial resources available upfront to investment in solar generation.
Business Leadership South Africa (BLSA) CEO Busi Mavuso has voiced her concern over Ministerial meddling in State-owned enterprise (SOE) leadership decisions. “Good governance starts with a board being able to hold the executive management to account. To do that, the board needs to have appointed and have the right to dismiss the CEO.
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