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New Charter Opens Free Stakes For South Africa’s Mining Employees, Communities

New Charter Opens Free Stakes For South Africa’s Mining Employees, Communities

    South Africa unveiled a new regulatory charter for its mining industry on Thursday to attract further investment to a sector encumbered by depressed prices, soaring costs and murky policy. It is part of an affirmative action to reverse black people’s exclusion from the mainstream economy under apartheid and pointedly targets the mining industry. […]

South Africa: Mining Sector Experiences Growth In Second Quarter

  The growth recorded by the mining sector in the second quarter reaffirms the importance of all partners in the industry to work together in an effort to contribute positively to the growth of the economy. The Department of Mineral Resources on Tuesday noted that the sector grew by 4.9% and contributed 0.4 of a […]

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South Africa: Load Shedding A Possibility This Weekend

  The probability of load shedding is high this weekend, as recovery of the power system is set to take approximately 30 days, Eskom said on Friday. “The power system remains constrained with a risk of loads shedding today. The load shedding risk will increase over the weekend as we restore power plants and build […]

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U.S. Energy Regulator Wants More Disclosure Of Cyber Attacks

  The U.S. government on Thursday asked power generators to disclose more information about cyber attacks amid growing concern that foreign hackers could disrupt the electric grid.   The Federal Energy Regulatory Commission (FERC), an energy industry regulator, called for the power industry’s regulating body, the North American Electric Reliability Corp, to expand the rules. […]

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South African Energy Sector Gets $10bn Boost From Saudi Arabia

  A $10 billion investment pledge into the South African energy sector by Saudi Arabia is set to enhance energy security, create capacity and reduce the cost of energy in South Africa. The pledge was made during President Cyril Ramaphosa’s State visit to Saudi Arabia, which began on Thursday. “This commitment from the Kingdom is […]

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Nigeria Estimated Billing: Electricity Consumers Laud FG’s Directive To Distribution Companies

Some electricity consumers in Lagos on Wednesday lauded the Federal Government’s directive that the Distribution Companies should stop estimated billing and provide meters for their customers. They spoke with the News Agency of Nigeria (NAN) in Lagos that the directive would reduce the exploitation and bring sanity to the power sector. NAN reports that the […]

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South African Cabinet Welcome Minister’s Intervention On Eskom

  Cabinet has welcomed the intervention made by Public Enterprises Minister Pravin Gordhan in the wage negotiations dispute between the Eskom management and labour. Last Friday, Gordhan convened a meeting with the Eskom board and management and the three labour unions — National Union of Mineworkers (NUM), National Union of Metalworkers of South Africa (NUMSA) […]

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South Africa: Probability Of Load Shedding High This Evening

  The probability of load shedding is high this evening but it will only be implemented if absolutely necessary, Eskom said on Wednesday. “While Eskom has not implemented rotational load shedding this morning, an alert for stage 1 rotational load shedding from 5pm to 9pm has been issued. Load shedding will only be implemented as […]

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