Eskom will start implementing a tariff increase of 8.76% from April 1, as approved by the National Energy Regulator of South Africa for the 2026/27 financial year.
This tariff adjustment will apply for customers supplied directly by Eskom.
Netherlands-headquartered tank storage and terminal operator Vopak’s local subsidiary, Vopak South Africa, together with Transnet Pipelines, on March 13 signed a memorandum of understanding (MoU) with the Richards Bay Industrial Development Zone (RBIDZ), committing to advance gas development in the province.
The MoU comes as Vopak South Africa and Transnet Pipelines finalise commercial agreements and contractor appointments ahead of a final investment decision on the Zululand Energy Terminal (ZET) at the Port of Richards Bay, which will mark South Africa’s first liquefied natural gas (LNG) import terminal.
Power utility Eskom has reached an agreement with the City of Ekurhuleni on a payment plan to settle the outstanding debt owed to the utility by the city. As part of the agreement, the city paid Eskom R1.7-billion of the R3.4-billion owed the utility, with the balance to be paid over 18 months.
Diversified miner South32 has placed its 63.7%-owned Mozal aluminium smelter on care and maintenance, with effect from March 15, after it was unable to secure an affordable power supply agreement for the operation with the Mozambique government, South African power utility Eskom and other stakeholders beyond March. South32 CEO Graham Kerr points out that the company had been in discussions with the various stakeholders for six years.
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