Technical defects at Medupi and Kusile resulting in serious underperformance. State-owned electricity producer Eskom has offered a sobering update on the difficulties it is having at its Medupi and Kusile coal projects, which are not only years behind schedule and significantly ...

2019 kicks off with 7.4% decline in new-vehicle sales. New-vehicle sales in the domestic market declined by 7.4% in the first month of the year, to 42 374 units, compared with January last year. Sales numbers released by the Department of Trade and Indu...

Eskom revises tariff upwards as it unveils shock changes to Nersa submission. Embattled electricity utility Eskom has made shock adjustments to its revenue application currently before the National Energy Regulator of South Africa (Nersa), which, if approved, would translate int...

Stellenbosch University starts construction on 1 billion rand research institute. Stellenbosch University (SU) has started construction on a Biomedical Research Institute (BMRI), to be based at the Faculty of Medicine and Health Sciences (FMHS). The university believes the R1-bil...

KfW, IDC sign $80m loan facility for green economy development. German development bank KfW and the Industrial Development Corporation of South Africa (IDC) on Thursday signed a “milestone agreement” for an $80-million loan facility. KfW executive board member D...

Eskom laments poor quality of coal. Eskom COO Jan Oberholzer has called on coal mining companies to "play ball" and improve the quality of the coal they supply to the utility. He has also outlined the massive challenges facing the uti...

South Africa's largest labour union plans nationwide strike over mass layoffs. South Africa's largest labour union group, with more than a million and a half members, said on Wednesday it would stage a nationwide strike on Feb. 13 over large-scale layoffs at ailing state-owned fi...

Gungubele denies corruption allegations at PIC. South Africa's Deputy Finance Minister and chairperson of the State-owned Public Investment Corporation (PIC), Mondli Gungubele, said on Wednesday he had done nothing wrong after a whistleblower made n...

Strides made in S Africa’s IP landscape, but more substantial participation required. The intellectual property (IP) system in South Africa has evolved since 1994, leaving the country with a much better, more inclusive system than before – barring a few constraints, former Innovation Hu...

Opinion: Will unbundling Eskom ensure a sustainable electricity system? That Eskom needs to be restructured is no longer in question. In its current form, the organisation poses a systemic risk to the South African economy and is ‘too big to fail’. The real question is wha...