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Mail & Guardian
paul burkhardtlatest news & developments
Further load shedding looms if Eskom’s liquidity crisis is not addressed.

Eskom’s application for price hike denied

The energy regulator has rejected Eskom’s application to raise its electricity prices further this year.

Finance Minister Nhlanhla Nene has warned of ‘a new age of pain’ – and now the new research is being ‘spun to serve the austerity cause’.

Nene open to partners for Eskom plants

Treasury will consider partnerships with the private sector to extend some of SA’s infrastructure build despite it being politically impossible.

Sasol plans to migrate from using grey hydrogen, produced with coal and natural gas, to green hydrogen produced from renewable electricity.

Sasol synfuel production soars

The chemicals giant expects synfuel production for the year to fall in the upper end of the target range as it progresses a number of investments.

Employers have been forced to choose between retrenching employees, cutting salaries or regarding the lockdown as the employees’ annual leave.  (AFP)

Mining minister says platinum industry ‘very close’ to strike solution

The mineral resources minister says parties are close to finding a solution to the platinum mining strike, although critics are skeptical of this.

The Asssociation of Mineworkers and Construction Union has rejected the platinum companies’ wage offer.

Platinum talks seek to end longest South African mine strike

Meetings have resumed between Amcu and major platinum mines, but analysts are divided about whether an end to the three-month strike is in sight.

Lost revenue at Anglo American Platinum

Platinum pay strike costs South Africa R400-million a day

While continued strikes in the platinum belt are costing the mines, the toll on the country is in fact higher says the Chamber of Mines.

The Amcu strike for higher wages has lasted six weeks

Government resumes talks over platinum strike

Government-led talks between major platinum mines and dominant union Amcu have resumed in Pretoria as the strike enters its third day.

Eskom is optimistic that new projects like the 4764 megawatt Medupi power station in Limpopo will be remain on schedule

Eskom seeks to build on bond success

Eskom, which produces 95% of South Africa’s electricity, will look to sell more debt as its projects to build more capacity remain on schedule.

Amcu is seeking to overturn an interim order blocking their planned strike in the gold sector.

Amcu to decide whether to strike at platinum mines

Mining union Amcu will meet with its members this week to decide whether to down tools at Anglo, Implats and Lonmin mines.

At midday on Monday

Glencore Xstrata’s diversity to attract JSE investors

Global metals producer Glencore Xstrata is set to draw strong demand for its stock from South African investors, says Investec Asset Management.