Energy | Infrastructure news - Part 51

Energy

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Does Eskom rely on state to keep it afloat?

Eskom is another of South Africa’s state-owned enterprises that had its outlook dropped from stable to negative last week. International ratings agency Fitch affirmed Eskom’s triple-B credit rating despite the negative outlook. This was similar to...

The reason Gordhan won’t approve nuclear

The burning question at the centre of South Africa’s new nuclear expansion programme remains whether the country will be able to afford it. While President Jacob Zuma has said that the country would undertake the project provided the country could...
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Eskom may pull the plug on Exxaro

Exxaro, Eskom’s biggest coal supplier, might have put a spanner in the works that could affect its coal supply deal with the power utility.   Last month Exxaro’s 10-year lock-up period ended. The company announced the unwinding of its black...