Power Utility Eskom believes that South Africa is on the correct path with its nuclear aspirations, as recent global developments show that the world is increasingly moving towards nuclear power. Global overview Current projections indicate...
Ratings agency Fitch has downgraded Eskom but given a stable outlook. The power utility announced that Fitch has downgraded Eskom’s Long-term local currency Issuer Default Rating (IDR) to ‘BBB-’ from ‘BBB’. Fitch Ratings has also affirmed Eskom’s...
The decentralisation of power generation and distribution, and hybrid models that put some power sector control into the hands of private entities could be long-term power solutions for Africa. These power solutions were proposed at the annual...
Minister of Public Enterprises Lynn Brown has called the energy deficit in Africa alarming, noting that it remains a stumbling block for the region. “The lack of electricity in Africa remains one of the biggest barriers to the region’s development...