Brent crude surges past $100 amid US, Israel, and Iran tensions, disrupting Middle East oil supply and pushing South Africa towards record fuel prices.
Brent crude surges past $100 amid US, Israel, and Iran tensions, disrupting Middle East oil supply and pushing South Africa towards record fuel prices.
The Department of Mineral Resources and Energy has announced that unleaded petrol will decrease by 71c while diesel is set to drop by 80c or 84c per litre.
A high-level Eskom executive with top-secret security clearance has been accused of hiring engineers to sabotage various power station to score repair contracts
Eskom and three trade unions have reached a stalemate in salary negotiations. Eskom offered employees a raise of 4.5%, while workers are demanding double digits
State-owned power utility Eskom has an alternative for loadshedding by introducing a demand management system through the usage of smart meters in households.
Electricity Minister Kgosientsho Ramokgopa claims Eskom has not surpassed Stage 6 loadshedding after rumours circulated that the utility implemented Stage 8.
Eskom denies allegations that it secretly implemented loadshedding Stage 8 on Thursday, 6 April. The power utility insists it capped loadshedding at Stage 6.
Minister of Electricity Kgosientho Ramokgopa says South Africans can expect a difficult winter as the power crisis continues. Loadshedding is now at Stage 5.
Former Eskom CEO André de Ruyter is said to have briefed the National Police Commissioner Fannie Masemola about the corruption at the state-owned power utility.
The Special Investigating Unit head Andy Mothibi has sent a team to meet with former Eskom CEO André de Ruyter to discuss the corruption allegations at Eskom.
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