Electricity is fundamental to the way we live our lives. You simply can't live without it. Just consider the disastrous effect of load shedding this past week.
Roads in chaos, stockpiles of food rotting in refrigerators and many downstream services just grinding to a halt.
And yet, if you look at the big picture… And, I'm talking the development of mankind “big picture”, we've only h... ››› more
There is only one way to profit from Eskom's Coal Cliff - and SA's energy revolution and that is to invest in these Three Penny Stock Eruptors:
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The only such business in Africa, with th... ››› more
Rolling black outs are something we've become used to here in SA during the cold winter months. But rolling black outs in March, that's a bit early isn't it. Apparently not. Earlier today, Eskom warned that “seven days of continuous rain have affected [its] power stations in Mpumalanga and is still affecting coal mines”. The result? The production of electricity has come into jeopardy leaving ... ››› more
If you're celebrating that we're almost through winter and had no load-shedding, I have some bad news for you.
You and I might have had an “uninterrupted” power supply this winter but it's going to cost our pockets, big time!
According to an article in the City Press newspaper this weekend, “The economy is set for a shock from the combined blows of Eskom's move to hike the cost of tw... ››› more
It looks like another tariff hike could be looming for electricity users. Eskom has applied to the National Energy Regulator of South African (NERSA) for approval to raise a shortfall.
This could see a double digit rise to electricity tariffs from next year.
Let's take a closer look at what's going on…
Eskom is seeking to recoup R22.8 billion
Today, Eskom applied to th... ››› more
Throughout my journey in London the one thing I noticed is there's tons of construction happening every day.
Everywhere you look, you'll see massive cranes, construction workers and buildings being revamped.
My first thought was that surely with all this construction, you'd need to have powerful electricity grid.
Back in South Africa, where power outages are basically a common occurrence, ... ››› more
Yesterday, the National Energy Regulator of South Africa (NERSA) announced that it will reveal its decision on Eskom's request for another tariff hike.
Eskom has already implemented tariff hikes this year, though some of these don't come into effect until 1 July.
If the new tariff hike request gains approval, it will see consumers coming under further strain.
Let's take a closer look at w... ››› more
For the sixth day in a row, South Africa will endure yet more load shedding.
This morning, Eskom announced that it would be resorting to stage two load shedding as power supplies continue to be under severe pressure.
Let's take a closer look at what's going on…
After four hours of stage one load shedding, Eskom moves to stage two
After kicking off the day at stage one load sheddin... ››› more
After South Africa endured stage two load shedding on Monday, it got worse. By yesterday evening, Eskom has upgraded load shedding to stage three.
The power utility is struggling with power supplies as a spate of unplanned maintenance hits its generators.
So what's going on?
Read on to find out more…
More unplanned maintenance puts electricity supplies under strain
Last night, ... ››› more
From tomorrow, the cost of living is going to start to climb.
At midnight tonight, the price at the pumps is rising sharply. Some electricity customers will also be coughing up significantly more for power.
And more price hikes are due to filter through over the next few months.
Let's take a closer look at what's going on and what impact it could have on South Africa's ailing economy…
... ››› more
After motorists endured the first petrol hike in several months on 4 March, paying more at the pumps looks inevitable come next Wednesday.
And to make matters worse, some customers will see a significant rise in their electricity bills.
So what sort of price hikes lie ahead?
Read on to find out…
How much more is fuel going to cost?
At the beginning of this month, motorists saw ... ››› more
So far this year, the country has dealt with multiple bouts of load shedding as Eskom struggles to keep South Africa powered with enough electricity.
Now it has emerged that in addition to an already generous hike approved last year, the power utility is requesting another tariff hike.
Let's take a closer look at the new tariff hike request…
Eskom cite the cost of diesel as one of it... ››› more
Earlier today, finance minister Nhlanhla Nene gave his first full budget speech.
So what impact will today's budget have on you and your pocket?
Let's take a closer look…
The fuel price will rise 80.5c thanks to levy hikes
Over recent months, motorists have benefitted from the falling oil price. This has resulted in significant cuts to the fuel price. But the finance minister took... ››› more
This morning, Eskom said there's a medium to high risk of load shedding today.
The power utility says that at the moment the system is stable, yet if anything changes, load shedding could ensure.
Eskom's Majuba plant is now back online after repairs, which has helped to ease some of the country's power constraints.
Let's take a closer look at what's going on…
Majuba is helping to... ››› more
This morning, Eskom announced that it would have to implement stage two load shedding again.
This comes after the power utility had to move into stage three load shedding yesterday as the national grid was on the brink of collapse.
The issues with power supplies in the country are worrying investors, putting pressure on the rand and business confidence.
Let's take a closer look at what's ... ››› more
In some welcomed good news, Eskom revealed that it's cancelled its planned load shedding for today.
The power utility puts this down to electricity users reducing their consumption.
Let's take a closer look at what's going on…
Eskom thanks consumers for their part in reducing electricity usage
Today, Khulu Phasiwe, a spokesman for Eskom, “praised consumers for heeding the call t... ››› more
On Friday, power utility Eskom said it had to start load shedding as its electricity supplies were again under pressure.
The company said it envisaged load shedding this week as power supplies would be under pressure as businesses got back into full swing and schools reopened for the year.
Today, Eskom announced that its power supplies are under pressure, but stable and it should be able to ... ››› more
Earlier today, South African power utility Eskom revealed that the country's facing a high risk of load shedding. This is down to the failure of two of its power generators.
For several years, issues with power supplies have plagued SA.
This comes as Eskom missed another deadline for opening a new power plant unit. It was due to come online in December.
Let's take a closer look at what's ... ››› more
Load shedding seems to becoming commonplace again in South Africa.
And the story was no different yesterday. Eskom revealed that electricity supplies were under pressure again following the breakdown of four generators at three different power stations.
Eskom says it's managed to get two of the generators back online, but problems remain. And further load shedding appears likely.
Let's ta... ››› more
Today, Eskom released its results for the half-year to the end of September. The company saw a drop in profit over the period.
Eskom said that the majority of its plants needed attention due to their age.
Let's take a closer look at what Eskom revealed and what it means for the future of South Africa's power supply…
Eskom posted a 24% drop in profit
Eskom said that “profit after... ››› more
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