Eskom casts shadow over Vedenta's billions

  • 📰 City_Press
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Indian group Vedanta’s grand plan to grow its southern African zinc metal output by more than six-fold over the next 13 years – which would see billions of rands in investment and hundreds of jobs created – faces an immediate threat, by JustinBrownSA

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ANALYSIS: How power utility Eskom is hobbling SA's economyIt’s deja vu for South Africa as a chronic power deficit plunges large tracts of the country into darkness and casts a pall over the already struggling economy. maybe this monopoly must end? After the R350billion they now ask a further R100billion. Do they even have a concept of these amounts? Eskom are holding SA hostage and must be stopped ASAP.
Source: News24 - 🏆 4. / 80 Read more »

LUKANYO MNYANDA: Eskom is SA’s too big to failThis is a company that provides virtually all of the country's energy. Literally, if it doesn't work, nothing else works SAA, SABC too apparently. I think you misunderstood. It should read 'the idiots at eskom think they are too big to fail'
Source: BDliveSA - 🏆 12. / 63 Read more »

SA needs to bail out Eskom, says former Eskom adviser RothschildEskom’s debt has ballooned from around R106 billion to more than R419 billion over the past decade, while electricity sales have fallen. Are you offering to fund it Mr Rothschild? Angling for more 'consulting' revenue? Where did the last bailout they advised on get us?
Source: ewnupdates - 🏆 30. / 53 Read more »

Eskom casts a pall over growthLast week, Eskom implemented stage two of load-shedding, which lasts for at least 13 hours a day, to cut consumption by 2 000 megawatts to prevent the system from collapsing. Yeah I felt it hey, thanks Stats SA...like WTF ?
Source: mailandguardian - 🏆 2. / 92 Read more »

No load shedding for Wednesday due to 'low demand'Eskom has announced that it will not implement load shedding for the third consecutive day. Fin24 Lower than a Sunday Fin24 WTF ...has SA taken the day off? Fin24 More like because pravin took christmas away, and the country was not falling for Eskom_SA s bullshit!
Source: News24 - 🏆 4. / 80 Read more »

Load shedding: SA not out of the woods yet, cautions EskomThe power utility says it is doing everything possible to restore units that are currently offline due to maintenance.
Source: ewnupdates - 🏆 30. / 53 Read more »

Eskom says coal shortage crisis gradually improvingThe power utility had previously said that it would need at least two years to remedy its coal shortage. So... coal shortage? Or breakdowns? Or no maintenance? Pick a story and stick to it ffs.
Source: ewnupdates - 🏆 30. / 53 Read more »

After more than a decade of capture, Eskom may finally...Load shedding. That’s the stark public reminder of the dire straights Eskom finds itself in. Whether the recent rolling power outages were because of unexpected breakdowns, or were the stick Eskom used to hit home the need for a government bailout, depends on who is asked. But that in itself...
Source: dailymaverick - 🏆 3. / 84 Read more »

Our Eskom Fork in the RoadTo get to grips with what should be done about the Eskom crisis, we need to get to grips with the kind of business it is. This dude is ugly AF
Source: dailymaverick - 🏆 3. / 84 Read more »

Load shedding not likely until January - EskomThere is low probability for load shedding up until January 13, Eskom has said. I wont count on it... ANC working hard for the 2019 votes. Too little too late. This nonsense has been goin on for more than a decade, its has become part of our lives. Expensive nd unreliable mess
Source: News24 - 🏆 4. / 80 Read more »