Category archives for: Electricity

Power utilities warned of vicious cycle of borrowing

Eskom

By GIFT NDOLWANE in Cape Town, South Africa CAPE TOWN, (CAJ News) – AFRICAN power utilities have been warned of the danger of increasing their borrowings to cover costs. The warning at the Africa Utility Week Conference in Cape Town follows the problems reported at South Africa’s Eskom, whose recent financial statements have showed increased […]

Millions secured for Zimbabwe energy projects

Zimbabwe Power Company

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) -ENERGY generation in the region has received a major boost following the US$120 million financing deal Standard Bank has arranged for the rehabilitation of existing power infrastructure at Zimbabwe’s major power stations. Kariba South hydro and Hwange thermal power stations will be upgraded. Standard has finalised the debt package […]

Eskom Academy upskills SME business owners

Dr Baldwin Ngubane - Eskom Chairman (1)

By MTHULISI SIBANDA JOHANNESBURG – MORE than 100 small business owners have graduated in Midrand after completing the eight-month Eskom Contractor Academy course. The graduation ceremony, held at the Eskom Academy of Learning, reaffirmed Eskom’s commitment to skills development, job creation and poverty alleviation. Since 2008, more than 1 000 graduates have graduated from the Contractor […]

SAP intensifies investments in African resource industries

sap-lot-1

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – THE global software giant, SAP, has been confirmed as the gold sponsor of the upcoming African Utility Week set for Cape Town, South Africa. Brian Williams, Industry Advisory Director of Utilities Industry at SAP Europe Middle East and Africa, said the participation followed the realisation the energy sector […]

Akon headlines African utility awards nominees

images (1)

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – GLOBAL superstar, Akon, is among the nominees for the African Utility Week Industry Awards to be conferred in Cape Town South Africa later this month. The Senegalese-American singer, rapper, songwriter, businessman, record producer and actor is nominated for the Outstanding Contribution Award: Power, for his Akon Lighting Africa, […]

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