featured | Infrastructure news - Part 44

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Eskom workers down tools

Eskom workers have downed tools at three power stations amid a wage negotiation deadlock between the utility and the National Union of Mineworkers (NUM). According to NUM, the 7% to 9% wage increase offered by Eskom is “an insult to the...

Eskom: SA on the right track with nuclear

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...
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Eskom downgraded by Fitch

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...

Addressing SA’s scarce skills

In 2014 government released its National Scarce Skills List, with engineers topping the list. But two years down the track, engineers are still in short supply. The Minister of Higher Education and Training Dr Blade Nzimande gazetted the National...

Africa’s “alarming” energy deficit

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...