Good morning. As more IPPs come online it could force Eskom to eventually shut down as it’s left with consumers unable to pay for high electricity costs. An independent panel will determine whether President Ramaphosa must answer for Phala Phala in his impeachment case. The high court ordered SA Express to be liquidated leaving over 700 people without employment.
More IPPs coming online could lead to a death spiral for Eskom – energy expert – EWN
As more and more independent power producers generate and sell their electricity to consumers, it could send Eskom into a death spiral argues energy expert Prof. Sampson Mamphweli.
Mamphweli says while it is a good thing that people can buy electricity from IPPs, those who are currently doing this can afford to pay for the electricity while Eskom will be left with those who cannot afford to pay for high electricity prices and those who are not paying at all. Read more here.
Independent panel to determine whether Ramaphosa must answer for Phala Phala headed by ex-chief justice – News24
On Wednesday evening, National Assembly Speaker Nosiviwe Mapisa-Nqakula announced that former chief justice Sandile Ngcobo will chair an independent three-person panel to determine whether there is a prima facie case against President Cyril Ramaphosa regarding the Phala Phala scandal.
The panel will have 30 days to report back to the speaker and determine whether there is a case to answer for in the ATM’s section 89 motion against Ramaphosa. Read more here.
Liquidation of SA Express ‘regrettable’: Unions – SABC News
On Wednesday, the high court in Johannesburg granted an order of liquidation of local airline SA Express, leaving over 700 employees with no jobs as mounting debt meant the airline had no way of further servicing its debt burden.
SA Express is believed to have over R900 million rand in liabilities owed to creditors, of that debt some R138 million in unpaid salaries. Unions blame corruption, looting and state capture and have slammed government’s inability to safeguard jobs. Read more here.
Here’s what else we’re reading today:
High court was guilty of judicial overreach when overturning Ramaphosa’s suspension of Public Protector – Daily Maverick
Members of Parliament express concern about the sale of Mango Airlines – SABC News
Job cuts failed at SABC, say candidates hoping to serve on next board – News24
Europe’s battle with Big Tech: Google now has to pay record fine – News24
Goodbye Cell C headquarters walk-in customer care centre – MyBroadband
Crypto Markets Brace for Historic Upgrade of Ethereum Blockchain – Bloomberg
