unforeseen circumstances resulted in renewed power cuts presidency - Unforeseen circumstances resulted in renewed power cuts: Presidency
Business News

Unforeseen circumstances resulted in renewed power cuts: Presidency

President Cyril Ramaphosa has refused to apportion blame after the return of load shedding – saying unforeseen circumstances resulted in renewed power cuts, despite his assurance that there would be no load shedding before January 13.

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world bank revises sas growth to 0 9 - World Bank revises SA’s growth to 0.9%
Business News

World Bank revises SA’s growth to 0.9%

The World Bank has cut economic growth for South Africa to below 1% for 2020 due to electricity supply concerns, among other things. The bank now forecasts the country’s growth at 0.9%.

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japan minister launches counterattack after ghosn blasts justice system - Japan minister launches counterattack after Ghosn blasts justice system
Business News

Japan minister launches counterattack after Ghosn blasts justice system

Japan’s justice minister launched a rare and forceful public take down of auto executive-turned-fugitive Carlos Ghosn after he blasted the country’s legal system as allowing him “zero chance” of a fair trial as he sought to justify his escape to Beirut

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ramaphosa was misled on issues of load shedding dd mabuza - Ramaphosa was misled on issues of load shedding: DD Mabuza
Business News

Ramaphosa was misled on issues of load shedding: DD Mabuza

Deputy President David Mabuza claims President Cyril Ramaphosa was misled by the Eskom board and Minister of Public Enterprise Pravin Gordhan on issues of load shedding.

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load shedding to continue through to friday - Load shedding to continue through to Friday
Business News

Load shedding to continue through to Friday

Candle light

Eskom says load shedding will continue throughout the day until 6 on Friday morning. The embattled power utility had intended to end load shedding at 8 on Thursday morning but have to continue with stage 2 due to additional breakdowns at substations overnight.

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numsa calls for drastic measures to avoid constant power cuts - Numsa calls for drastic measures to avoid constant power cuts
Business News

Numsa calls for drastic measures to avoid constant power cuts

The National Union of Metalworkers of SA (Numsa) has expressed anger at the constant load shedding. The trade union says the power utility every December and January plunges the country’s economy into crisis. It says load shedding costs the country billions of Rand. Numsa has called on Public Enterprises Minister Pravin Gordhan to take drastic […]

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