South Africa: “Power cuts expected to hit South Africa’s GDP” – Goldman Sachs

South Africa: “Power cuts expected to hit South Africa’s GDP” – Goldman Sachs

Severe planned power cuts at South African state-run utility Eskom are expected to shave 0.3 percentage points off first-quarter GDP growth, Goldman Sachs said on Thursday.

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South Africa: Workers Union to protest Eskom unbundling

South Africa: Workers Union to protest Eskom unbundling

The National Union of Mineworkers (NUM) announced on Tuesday that it would march on the African National Congress’ (ANC’s) Luthuli House head office, in Johannesburg, on March 30 to voice its opposition to the unbundling of Eskom.

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Africa Oil & Gas: SA’s Gordhan meets Eskom executives over power crisis

Africa Oil & Gas: SA’s Gordhan meets Eskom executives over power crisis

South Africa’s Public Enterprises Minister Pravin Gordhan is meeting executives from state power firm Eskom on Monday to find solutions to the country’s electricity crisis, Eskom spokesman Khulu Phasiwe told Reuters.

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Africa Energy: SA unions oppose potential split of power firm Eskom

Africa Energy: SA unions oppose potential split of power firm Eskom

South African trade union federation COSATU said on Tuesday that it opposed a proposal to split up Eskom into three different entities, adding that it would not solve the struggling utility’s governance and debt problems.

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Africa Energy: South African miners want restructuring of power firm Eskom

Africa Energy: South African miners want restructuring of power firm Eskom

South African miners support a restructuring of struggling state power firm Eskom to boost competition in the electricity supply industry, an industry body said on Wednesday, warning that tariff hikes alone would not solve Eskom’s problems.

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