Category archives for: Electricity

MTN SA invests millions in backup systems

Battery generator

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – MTN South Africa spent more than R400 million ($27.7 million) last year on investments in battery backup systems and generators. Despite the spend, its mobile sites continue to face significant threats, due to Eskom’s ongoing stage three and stage four load shedding. Excluding the amount spent on new […]

SA Budget 2019: Spending to exceed revenue

Eskom Head Office

by SAVIOUS KWINIKA  CAPE TOWN, (CAJ News) – SOUTH Africa will be spending more money than it will generate in the coming year. Presenting his Budget Speech in Cape Town on Wednesday afternoon, Finance Minister Tito Mboweni, disclosed Africa’s most advanced economy expects revenues of R1,58 trillion and spending of R1,83 trillion. “That means we […]

Labour body resists splitting of Eskom

Eskom

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – THERE are differences within South Africa’s tripartite alliance following the announcement by President Cyril Ramaphosa of plans to privatise state-owned enterprises (SOEs). Despite some of these parastatals plagued by corruption and under-performance, the Congress of South African Trade Unions (COSATU), opposed the privatisation plans arguing this would result […]

Mixed news for Africa in Trump’s pick at World Bank

David Malpass for World Bank top job

from TRACEY IRVING in Washington, USA WASHINGTON, (CAJ News) – A KEY player from Donald Trump’s 2016 election campaign is set to head the World Bank. Mr Trump has selected US treasury official David Malpass for the role after the surprise resignation last month of bank president Jim Jong Kim. As largest shareholder and the […]

Digitalisation boosts productivity in mining sector

Schneider Electric Vice President of the Anglophone Africa Mining, Metals and Minerals (MMM) Industry Business Unit, Marc Ramsay

by AKANI CHAUKE JOHANNESBURG, (CAJ News) – EXPERTS have forecast innovation and technology to play increasingly valuable roles in boosting performance and sustainable efficiency in mines throughout Africa. Marc Ramsay, an industry executive, said of all the trends impacting the mining industry currently, none was likely to be as critical as digitalisation for the over-arching […]

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