Seriti Resources, one of the largest suppliers of coal to Eskom, said on Monday it had reached an R892m deal to acquire a majority stake in Windlab Africa’s wind and solar-powered assets.
The transaction, through its subsidiary Seriti Green, forms part of the 91%-black owned coal company’s strategy to lower its carbon footprint and become a diversified energy producer...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Source: Energy Industry News (energyindustrynews.net)
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:
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.
Syndicates stole 65 truckloads of Eskom coal in a day — ReportA former operative of a coal “black site” has revealed how syndicates around Middelburg hijacked Eskom’s coal supplies and resold them for around 10 times the price that Eskom pays. What do they do with it? That is why there were mines that are right next to the power station and use a conveyor to get the coal there. Thieves
Source: mybroadband - 🏆 11. / 67 Read more »
Big bribes, illegal guns: Inside the world of the ‘coal mafia’Top story | Syndicates hijack vital coal supplies destined for Eskom power stations. Let Eskom produces its own coal and terminate all evergreen contracts, renegotiate new ones in a plain field taking into account inequality of opportunities and history, get an independent board,give them a clear mandate and hold them accountable. Private sector is killing Eskom This country is joke, a banana republic under the ANC government 🙄 MYANC is responsible for this Sht
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Big bribes, illegal guns: Inside the world of the ‘coal mafia’Syndicates hijack vital coal supplies destined for Eskom power stations. Fine. But. Why. Not. Stop. It.? Loadshedding looming NtebaMashaba This is gezi-kom intending to justify stage 12 loadsheding!!!
Source: TimesLIVE - 🏆 28. / 59 Read more »
Spike in ‘coal mafia’ activity targeting Eskom: reportSyndicates are hijacking vital coal supplies destined for Eskom power stations, the Sunday Times reports. And while this practice has been ongoing for many years, the recent spike in coal export prices has seen this activity soar, it says. I have no idea on Bitcoin but I'm currently earning R67,458.67 weekly with R15,000 start up Capital, I'm happy to invest with Gabriel_FOS1 i just pulled out my profit,i highly recommend her to those interested Gabriel_FOS1
Source: BusinessTechSA - 🏆 24. / 61 Read more »
ROAD TO 2024 ELECTIONS: ANC’s collapse as South Africa’s majority party is foretold in new pollAccording to a new Ipsos poll, the ANC is collapsing as a majority party and South Africans are despondent, mainly because of the accelerating cost of living. Despite being down from post-Nasrec highs, President Cyril Ramaphosa is still South Africa’s most highly regarded political leader. 🤣🤣🤣🤣🤣ANC collapsing? Kodwa Nina niyadakwa stru, 3/5=majority, if 3 out 5 said so that's majority 🤣🤣🤣🤣 ANC is collapsing because of new political parties amongst other things too😜😜😜😜
Source: dailymaverick - 🏆 3. / 84 Read more »
Eskom 2.0 — The lessons South Africa should learn from China and AustraliaThe ANC recently proposed establishing a second state-owned power company to mitigate Eskom’s “grave strategic risk”. We are also learning from those who keep telling us to go green while their own green projects are failing in their countries. The only lesson is to not vote for ANC. Any idea they get will fail, so history teaches us. Learn from China..... Those little Aholes gave us the China virus
Source: mybroadband - 🏆 11. / 67 Read more »