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State Companies News

Num denies reports it wanted to postpone wage talks with Eskom

By: African News Agency      18th June 2018 The National Union of Mineworkers (Num) on Monday slammed reports that it had called for the postponement of wage negotiations with power utility Eskom because of its congress this week.  "The Num congress is starting on Wednesday at the Birchwood Hotel and that will not affect the wage... 

Eskom says low probability of day-time load-shedding

By: African News Agency      18th June 2018 State electricity company Eskom said on Monday there is a low probability of rotational load-shedding during the day as a result of power station units being returned to the system after last week's wage strike, but the probability was higher for the evening peak period due to increased demand.... 

Eskom says low probability of day-time load-shedding

Eskom says power system will take up to 10 days to recover from strike impact

By: News24Wire      18th June 2018 State electricity company Eskom said late on Sunday its power system remained constrained and would take up to ten days to recover from the effects of last week's wage strike. Eskom warned consumers to work on the assumption that rolling power interruptions, or loadshedding, implemented over the... 

 Eskom says power system will take up to 10 days to recover from strike impact

Numsa rejects Eskom arbitration process

By: African News Agency      15th June 2018 The National Union of Metalworkers of SA (Numsa) on Friday rejected Eskom's decision to engage in an arbitration process on the current wage dispute with workers unions, saying that such a decision was made without consulting them. Numsa, the National Union of Mineworkers (Num), and Solidarity... 

Numsa rejects Eskom arbitration process

'High risk' of load shedding over weekend

By: News24Wire      15th June 2018 South Africa on Friday experienced its second consecutive day of load shedding, with power outages likely to continue over the weekend.  Eskom spokesperson Khulu Phasiwe said that stage 1 load shedding started at 11:30 and would continue until 21:00 due to "multiple trips of its power generation... 

'High risk' of load shedding over weekend

Eskom obtains court interdict against workers pickets at power stations

By: African News Agency      15th June 2018 Eskom on Friday obtained a court interdict prohibiting the intimidation of workers and contractors who are not part of an ongoing wage strike, as well as the highjacking of coal trucks and the sabotaging of the power utility's electricity infrastructure.  On Thursday, generation and distribution... 

Eskom obtains court interdict against workers pickets at power stations

Aerospace facility aims to help country master new technologies

By: Rebecca Campbell     15th June 2018 In South Africa, the aerospace and defence industries have a responsibility to provide technological leadership for the rest of the economy. This is because they are leading sectors for the development, introduction and use of innovations and new technologies, argues Centurion Aerospace Village... 

Union wants answers as gaps left by SAX grounding are plugged

By: Rebecca Campbell     15th June 2018 South African Airways (SAA) has created an extended flight schedule to replace the capacity lost with the grounding of the SA Express airline by the South African Civil Aviation Authority (CAA). (This grounding was because of “severe cases of non-compliance that pose serious safety risks” found... 

Nersa grants Eskom R32.69bn in RCA application 

By: African News Agency      14th June 2018 The National Energy Regulator of South Africa (Nersa) on Thursday granted Eskom R32.69-billion following its regulatory clearing account (RCA) application for the multi-year price determination period from 2015 to 2017. The cash-strapped power utility had applied for a 19.9% tariff hike to recoup... 

Nersa grants Eskom R32.69bn in RCA application

Labour unions picket Eskom office in wage dispute

By: Reuters     14th June 2018 Hundreds of union members picketed outside the headquarters of Eskom on Thursday because of a wage dispute which has hurt the cash-strapped South African power utility's ability to deliver electricity to Africa's most industrialised economy. Labour unions, angered by Eskom's failure to raise... 

Labour unions picket Eskom office in wage dispute

PetroSA's GTL refinery could run out of natural gas in two years 

By: Reuters     12th June 2018 South Africa's flagship gas-to-liquids (GTL) refinery at Mossel Bay could run out of natural gas within two years when offshore reserves dry up, a senior energy official said on Tuesday. The Mossel Bay GTL plant, one of the world's largest, is operated by State-owned national oil and gas company... 

PetroSA's GTL refinery could run out of natural gas in two years

Eskom scrambles with contingency plans as workers strike looms

By: African News Agency      12th June 2018 South African state-owned power utility Eskom said on Tuesday it had put in place contingency measures to mitigate the impact of a planned strike by workers unions over the company's proposal not to increase wages. "Eskom has noted the statements made by the trade unions about their intentions to... 

Eskom scrambles with contingency plans as workers strike looms

'No sacred cows': SAA boss plans deep cuts

By: Reuters     11th June 2018 Six months into the job of running loss-making South African Airways, Vuyani Jarana is mapping out a punishing austerity plan. Jarana, who faces the daunting task of turning the flag carrier around, said layoffs and other cuts were unavoidable as he contends with a draining cost-to-income ratio... 

'No sacred cows': SAA boss plans deep cuts

Denel welcomes debt extension

By: Simone Liedtke     11th June 2018 State-owned Denel has been granted an extension to repay its unsecured debt that was due on June 10. The extension is on a R290-million debt note that was taken up by Regiments Capital in June 2013, and a R400-million debt note in November 2015 and is “a welcome relief to the company as it... 

Eskom’s application to have tariff decision set aside increases uncertainty – EIUG  

By: Nadine James     8th June 2018 The Energy Intensive User Group (EIUG) has expressed concern that power utility Eskom’s decision to approach the courts to have the National Energy Regulator of South Africa’s (Nersa’s) tariff determination for 2018/19 set aside will increase uncertainty regarding electricity prices. This will... 

Radebe hosts stakeholder forum; Eskom takes Nersa decision to court 

8th June 2018 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about the latest developments on the energy policy front, as well as Eskom’s turnaround. 

Radebe hosts stakeholder forum; Eskom takes Nersa decision to court
Terence Creamer on the latest energy developments and Eskom's turnaround. (Camera & editing: Nicholas Boyd)

Indaba will create intra-Africa trade opportunities

By: Jessica Oosthuizen     8th June 2018 With the 2018 Manufacturing Indaba’s focus being on the development of intra-Africa trade, event organiser Siyenza Management MD Liz Hart says the event will bring key stakeholders together to create opportunities for engagement and dialogue. She tells Engineering News that Africa has many of... 

Indaba will create intra-Africa trade opportunities
EXPANDING EXHIBITION Siyenza Management aims to expand the Manufacturing Indaba – the larger the event, the more companies to engage with and to explore added business opportunities

SAA CEO suggests business rescue will bring little benefit to airline

By: Rebecca Campbell     8th June 2018 South African Airways (SAA) CEO Vuyani Jarana is of the opinion that placing the airline under business rescue would not lead to a radically different recovery plan for the deeply indebted and heavy loss-making national carrier. He was answering a question from FlightComm editor and aviation... 

Uganda is reviving its civil aviation sector

By: Rebecca Campbell     8th June 2018 The East African country of Uganda is undertaking a major programme to upgrade and expand its civil aviation sector in all respects, including the recreation of a national airline. This was highlighted by Ugandan Minister of State for Transport Aggrey Henry Bagiire at the recent 27th African... 

African Open Skies plan putting cart before horse – Nigerian airlines

By: Rebecca Campbell     8th June 2018 Nigerian airlines are not enthusiastic about any rapid implementation of the Single African Air Traffic Market (SAATM). This was made clear at the recent 27th Annual African Aviation Summit (Air Finance Africa) by national industry association Airline Operators of Nigeria CEO Noggie Meggasin.  

Good corporate citizenship in a post-State-capture South Africa 

By: Kim Cloete     8th June 2018 A string of corporate governance failures and climate change challenges have cranked up the pressure on companies to become better corporate citizens and take care of the environment they are operating in. The renewed emphasis on governance and sustainability is not limited to the private sector,... 

Good corporate citizenship in a post-State-capture South Africa

Reinstatement of Eskom system reports seen as way to rebuild trust through transparency

By: Terence Creamer     7th June 2018 State-owned electricity producer Eskom has re-launched its weekly system status report as part of broader efforts to rebuild trust with South African citizens, who remain skeptical about the utility’s ability to keep the lights on. The service, which is now available on Eskom’s website, was... 

Reinstatement of Eskom system reports seen as way to rebuild trust through transparency
Photo by Dylan Slater
Eskom system operator Bernard Magoro

Eskom must diversify its energy mix – MacColl  

By: Nadine James     7th June 2018 State-owned power utility Eskom should diversify its energy mix, Electric Power Research Institute senior regional manager Barry MacColl said during a panel discussion on South Africa’s energy policy, and specifically the Integrated Resource Plan (IRP). The panel, held on Thursday at the Mazars... 

Eskom to approach courts to have Nersa’s 5.23% tariff decision set aside 

By: Terence Creamer     7th June 2018 State-owned electricity utility Eskom will, in the coming days, approach the courts to have the National Energy Regulator of South Africa’s (Nersa’s) tariff determination for 2018/19 set aside, chairperson Jabu Mabuza confirmed on Thursday. The action would represent Eskom’s first-ever legal... 

Eskom to approach courts to have Nersa’s 5.23% tariff decision set aside
Public Enterprises Minister Pravin Gordhan on Eskom's restructuring, 'Gupta-risation' of coal and improving primary-energy security and costs. Camera Work & Editing: Nicholas Boyd: Recorded: 7.6.2018

SAA chief executive dismisses calls for business rescue

By: African News Agency      7th June 2018 South African Airways (SAA) chief executive Vuyani Jarana on Thursday ruled out the possibility of the airline being placed under business rescue. "We believe we are already executing a recovery plan. We don't believe the plan [from business rescue practitioners] is going to be significantly... 

Another two South African wind projects reach financial close

By: Terence Creamer     5th June 2018 A further two South African wind farms, with a combined investment value of R6.6-billion, have reached financial close following the signing of agreements for 27 renewable-energy projects on April 4. Global wind and solar company Mainstream Renewable Power announced on Tuesday that construction... 

Another two South African wind projects reach financial close

DPE probes Gupta-linked Alexkor for environmental law compliance

By: News24Wire      5th June 2018 The Department of Public Enterprises is investigating whether state-owned mining company Alexkor, which had links with the infamous Gupta family, complies with environmental legislation. This has emerged in Minister of Public Enterprises Pravin Gordhan's answer to a parliamentary question by DA... 

Prepare for greater generation competition, Radebe tells Eskom

By: Terence Creamer     4th June 2018 Energy Minister Jeff Radebe has hinted at possible dramatic changes in the structure of South Africa’s electricity supply industry, which is currently dominated by Eskom, a vertically integrated State-owned utility. During a recent stakeholder gathering the Minister responded strongly in the... 

Prepare for greater generation competition, Radebe tells Eskom

Sars cuts deadline for tax returns

By: News24Wire      4th June 2018 The South African Revenue Service (Sars) said on Monday that the tax filing season, which kicks off on July 1, has been shortened by three weeks, in a bid to improve efficiency. "A shorter filing season allows additional time for Sars, taxpayers and the tax fraternity to deal with return... 

 Sars cuts deadline for tax returns

South Africa to release new-look renewables bid window in November

By: Terence Creamer     1st June 2018 Energy Minister Jeff Radebe announced on Friday that South Africa would launch a fifth Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) bid window in November with the aim of procuring a further 1 800 MW of renewable energy from independent power producers (IPPs).... 

South Africa to release new-look renewables bid window in November
Photo by Dylan Slater
Energy Minister Jeff Radebe

Denel Aeronautics acting CEO was in charge at SA Express when irregular contract signed – union

By: Rebecca Campbell     30th May 2018 Trade union Solidarity claimed on Wednesday that the reported fuel purchase contract, which failed to follow prescribed tender procedures, placed by State-owned airline SA Express with a little known company, EML Energy, had been placed while Victor Xaba had been acting CEO of the airline. Xaba... 

Denel Aeronautics acting CEO was in charge at SA Express when irregular contract signed – union
Photo by Duane Daws/Creamer Media
Victor Xaba

Telkom refocuses strategy on new revenue streams 

30th May 2018 Creamer Media's Chanel de Bruyn speaks to Creamer Media Senior Deputy Editor Natasha Odendaal about Telkom’s financial results for the 2018 financial year, the growth of its mobile platform and the growth opportunities it is pursuing. 

Telkom refocuses strategy on new revenue streams
Telkom refocuses strategy on new revenue streams

SAA and partners filling the flight gap created by the grounding of SA Express

By: Rebecca Campbell     30th May 2018 South African Airways (SAA) announced on Wednesday an extended flight schedule to replace the capacity lost with the grounding of the SA Express airline by the South African Civil Aviation Authority (CAA). (This grounding was because of “severe cases of non-compliance that pose serious safety... 

SAA and partners filling the flight gap created by the grounding of SA Express
A Bombardier CRJ700 regional jet of SA Express, before the airline was grounded

Gordhan: SA airlines already working together amid merger talks 

By: News24Wire      28th May 2018 Minister of Public Enterprises Pravin Gordhan told eNCA on Sunday evening that discussions regarding the merger of three government airlines would continue this week with other relevant ministers. South Africa has been abuzz with the potential consequences of merging Mango Airlines with SA... 

 Gordhan: SA airlines already working together amid merger talks
Photo by Reuters
Public Enterprises Minister Pravin Gordhan

SAA, partner airlines assist stranded SA Express passengers

By: Anine Kilian     25th May 2018 South African Airways (SAA) and its partner airlines Mango and SA Airlink have put in place replacement capacity to support South African (SA) Express passengers. This comes after the South African Civil Aviation Authority (SACAA) on Thursday suspended SA Express’ flights after an audit uncovered... 

Lost in space?

By: Rebecca Campbell     25th May 2018 Analysts say that the planet Earth’s rapidly-growing space economy could hit $600-billion by 2030 and $1-trillion by 2040. Clearly, the space economy, worth some $350-billion today, is growing rapidly.  

Denel CEO resigns with immediate effect

By: Rebecca Campbell     25th May 2018 State-owned defence industrial group Denel announced on May 15 that its Group CEO, Zwelakhe Ntshepe, had resigned. The resignation was with effect from that same day. He had been appointed Group CEO only six months ago, following two years in which he had been acting in that capacity. Ntshepe had... 

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