More money for diesel would have reduced load-shedding — De Ruyter
(Times LIVE) – Eskom CEO André de Ruyter told Parliament’s standing committee on public accounts that if the struggling power utility had more funding to buy diesel for its open-cycle gas turbines, load-shedding would have been reduced. READ MORE.
Enoch Godongwana to talk to US’s Janet Yellen about funding just transition and solving rolling blackouts
(Daily Maverick) – US Treasury Secretary Janet Yellen arrived in South Africa yesterday in what is the last stop on her African tour having visited Senegal and Zambia already. Yellen is expected to discuss funding SA’s just energy transition with finance minister Enoch Godongwana. READ MORE.
Stop pointing fingers at government and just ditch Eskom, says Michael Jordaan
(News24) – Bank Zero founder and former FNB CEO, Michael Jordaan says we should all be proactively trying to ween ourselves off needing Eskom for our electricity. He says if large-scale energy users could increase solar installations, South Africa would be in a much better place in just six months. READ MORE.
What’s happening in the markets?
(Business Day) – The JSE closed slightly lower on Tuesday having reached record highs during the previous session. The all-share slipped 0.11% to 80,037 points while global markets were mixed after multiple earnings reports from the US. At 05.55, the rand was trading at R17.1825 versus the dollar. READ MORE.
