The Minerals Council South Africa has warned thousands of jobs would be lost if state electricity utility Eskom is allowed to increase tariffs by a further 15% on average. Read More
Mining industry leaders have on Friday given the new Eskom Chief Executive Officer (CEO) Andre de Ruyter the nod, saying the ideas he has presented thus far could improve business confidence. Read More
In what has been the longest economic downturn for the country since 1945, it has become necessary for government to consider alternative strategies and change various policies to allow business to grow the economy, Minerals Council South Africa CEO Roger Baxter said during a media briefing on Friday. Read More
The Minerals Council SA and Business Unity SA (Busa) have appealed to the government to use next week’s budget to cut spending, set structural economic reforms in motion, and take steps to address the electricity crisis as top priorities for the country. Read More
The Minerals Council South Africa has reiterated the significant job losses that may result from power utility Eskom being granted the additional R27.3-billion in revenue it is seeking. Read More
“Eskom’s survival cannot be based on continuing huge tariff increases,” the Minerals Council South Africa said on Friday, ahead of its testimony to the National Energy Regulator of South Africa (Nersa) opposing Eskom’s request for an additional R27.3-billion in revenue. Read More
South African organisations are universal in their calling for President Cyril Ramaphosa to take decisive action around, particularly, South Africa’s constrained power supply, high employment and the state of State-owned enterprises (SOEs). Read More
South African president, Cyril Ramaphosa’s State of the Nation (SONA) address on February 13 was the most critical since the start of the country’s democratic era given an unprecedented economic slump, said Minerals Council South Africa. Read More
Investments by SA’s mining companies in renewable energy projects to reduce exposure to embattled power monopoly Eskom will worsen a growing lag in response to rising commodity prices. Read More
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