2+ day, 10+ hour ago   (88+ words) CNBC Africa Reach Africa's business leaders, investors and decision-makers. More From CNBC Africa South African state logistics group Transnet makes first profit in four years JOHANNESBURG, Sept 10 (Reuters) – South African state-owned logistics group Transnet on Thursday reported a 4.6 billion rand ($286.05 million)…...

1+ week, 5+ day ago   (107+ words) JOHANNESBURG, Aug 31 (Reuters) – South Africa’s state-owned power utility Eskom said on Monday that Group Chief Financial Officer Calib Cassim will retire during the financial year ending March 2027. Cassim, who has spent 24 years at Eskom and also served for a year…...

1+ week, 5+ day ago   (147+ words) South Africa’s Eskom reports second consecutive profitable year CNBC Africa Reach Africa's business leaders, investors and decision-makers. More From CNBC Africa South Africa’s Eskom reports second consecutive profitable year JOHANNESBURG, Aug 31 (Reuters) – South Africa’s state power utility Eskom on Monday…...

2+ week, 3+ day ago   (726+ words) JOHANNESBURG, Aug 26 (Reuters) – South Africa’s mining firms are accelerating investment in renewable energy as they seek to diversify power sources, cut costs and meet decarbonisation targets, marking a shift after decades of reliance on state utility Eskom. However, executives say…...

3+ week, 4+ day ago   (81+ words) South Africa's electricity sector is undergoing a major transformation; moving from years of power cuts, towards a more competitive and potentially more reliable market. However, unaffordable electricity remains one of the biggest constraints for businesses and households. And so, the…...

4+ week, 1+ day ago   (118+ words) State power utility Eskom still faces a massive debt burden, with municipal arrears around R118 billion and internal debt structures at R300 billion. However, South Africa has now recorded more than 450 consecutive days without load shedding. Generation performance is improving and Eskom…...