In this article, EE Business Intelligence MD Chris Yelland and consultant Paul Vermeulen argue that mismanagement is not the only reason for the failure of municipal electricity distributors and that larger design flaws should also be taken into account. They also assert that better debt collection alone will not address the crisis and that structural remedies are needed to rebalance risk and cost across the electricity value chain.
Financial services provider Standard Bank has reported that it has delivered a comprehensive $285-million debt and equity financing solution, which it says will “alter the landscape” of Nigerian energy. The company, in a media release, explains that the recently completed transaction enables BlueCore Gas InfraCo to acquire 100% shareholding in Glover Gas & Power, the owner of Axxela, a player in Nigeria’s natural gas sector.
The National Energy Regulator of South Africa (Nersa) invites members of the public to submit comments on State-owned power utility Eskom’s request for a temporary electricity price relief for negotiated pricing agreements (NPAs) with Samancor and Glencore-Merafe for a period of 12 months. Written comments should be submitted via email to EskomNPAApplication@nersa.org.za. The closing date for written comments is January 20.
South Africa eased antitrust rules to allow competitors in industries hit by high power costs to cooperate on negotiating cheaper power supply in a bid to prevent their total collapse, a move that potentially helps the country’s ailing ferrochrome industry. Trade, Industry and Competition Minister Parks Tau changed the scope of an energy users’ block exemption in the Competition Act in regulations published January 5, allowing firms operating in “industries in distress” to jointly negotiate buying energy, share ownership of backup generation capacity and collectively work with suppliers as long as no price-fixing of goods and services takes place.
The First National Bank (FNB)/Bureau for Economic Research (BER) Civil Confidence Index rose to 52 in the fourth quarter of last year, up from 43 in the third quarter. This marks the joint best level (along with the third quarter of 2016) in 11 years.
The National Energy Regulator of South Africa (Nersa) has announced that the notice and comment period for the consultation paper on electricity trading rules published on November 16, 2025, has been extended to January 31, 2026, following requests for extension received from stakeholders. Interested parties were previously given until January 16 to submit comments.
The National Energy Regulator of South Africa (Nersa) has appointed a broad-based Electricity Market Advisory Forum (EMAF) to advise on the development and implementation of the country’s wholesale electricity market.
The forum, established in terms of Section 5 of the Electricity Regulation Act, will provide advice to the energy regulator on electricity market reform, including market codes, trading arrangements and associated regulatory instruments.
Eskom has provided further details on the distinctive roles it envisages being performed by the National Transmission Company South Africa (NTCSA) in relation to the transmission system when compared with the yet-to-be-established Transmission System Operator (TSO). Under a newly approved unbundling framework, the NTCSA is set to remain a wholly owned subsidiary of Eskom Holdings and retain ownership of the transmission system assets, while the TSO will be established as a new State-owned company outside of Eskom Holdings.
The National Transmission Company South Africa (NTCSA) reports that it remains open to finding a solution for the Mozal aluminium smelter. But it also insists that any new electricity supply agreement with the Mozambican facility should safeguard its financial stability and protect South African electricity consumers from unintended costs. In a statement following an announcement by South32 that Mozal would be placed into care and maintenance when a 20-year electricity deal expired on March 15, the Eskom Holdings subsidiary indicated that Mozal required an electricity price that was “significantly lower than the direct cost of supply”.
International energy company ENGIE reports that construction of its 240 MW Corona solar PV project in the Free State should begin in the fourth quarter of 2026, after the project was named as a preferred bidder by the South African government. Electricity and Energy Minister Dr Kgosientsho Ramokgopa confirmed on December 15 that the Carona project, together with three other solar PV projects, had progressed to preferred bidder status under Bid Window Seven of the Renewable Energy Independent Power Producer Procurement Programme.
INDUSTRY NEWS
- Opinion: The structural flaws contributing to municipal electricity failureJanuary 8, 2026 - 10:00 am
- Standard Bank backs BlueCore Gas InfraCo with $285m structured acquisition funding solutionJanuary 7, 2026 - 5:04 pm
- Stakeholders invited to comment on Eskom’s ferrochrome NPA applicationJanuary 7, 2026 - 5:04 pm
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