Tag: Energy crisis

Facing the Load-shedding Bill This year, South Africa braces for a potential financial hit estimated at a jaw-dropping R1.6 trillion, a result of persistent load-shedding. To put things in perspective, that’s a hefty R400 billion more than last year’s tally. The Economic Toll: By the Numbers During a lecture held at the University of Pretoria, […]

Big Moves in Renewable Energy One of South Africa’s leading financial institutions, Nedbank, has reportedly set aside a staggering R24 billion, specifically designated for green energy projects across the country. The news comes directly from the horse’s mouth – Nedbank’s COO Mfundo Nkuhlu, during an in-depth chat with ITWeb. This conversation followed closely on the […]

Catching Sun and Thieves In the wake of an energy crisis, solar panels dotting the South African landscape have come to symbolize hope and independence from Eskom’s unpredictability. But there’s an unexpected twist: a surging wave of solar panel thefts. As more folks turn to the sun for power, crooks have sensed an opportunity, leading […]

The Grand Unveiling Bold moves are being made in the energy sector. Just this week, the National Treasury took the covers off the much-anticipated Energy Bounce Back Loan Guarantee Scheme (EBB). This isn’t just another program — it’s a ticket to cleaner energy for small businesses and households itching to make a switch. From the […]

Good news for South African households: Eskom, the national power provider, is rolling out a lighter load shedding schedule. They’re giving the day a break, but the evenings? Still a bit dicey. The Quick Rundown: Break It Down: The Schedule Just a quick heads-up: Eskom’s schedules can be fickle. The planned outages can change based […]

South Africa is in the eye of an energy storm, and it’s leaving the economy with a hefty price tag. Financial Fallout: By the Numbers Minister Kgosientsho Ramokgopa revealed startling numbers regarding the economic repercussions of load-shedding: He poignantly said that Eskom’s ongoing struggles translate to the government’s diminished “ability to help the poor”. The […]

In a fresh announcement, Eskom outlines its load-shedding forecast for the week, cycling between stages 1 and 4. Let’s dive into the specifics. Today’s Power Scenario (6 August): Monday’s Outlook (7 August): Tuesday (8 August) Predictions: Wednesday’s Forecast (9 August): What’s Affecting the Power? Currently, Eskom is grappling with 15,050MW of generating capacity due to […]

South Africa’s primary electricity provider, Eskom, has confirmed a slight alleviation in the load-shedding schedule for the upcoming weekend. The public utility announced a mix of stage 1 and stage 3 rotations. The Revised Timetable The shift towards reduced peak-time load-shedding is a result of lower demand, enabling Eskom to implement stage 1 load-shedding until […]

In the midst of an economic downturn largely attributable to its junk status, South Africa’s ANC-led government is now scrambling to address the pressing issue of load shedding. A sense of urgency is fueled by the fear of electoral repercussions in next year’s general elections. The Political Implications of Load Shedding Renowned energy analyst Chris […]

The visionary entrepreneur Elon Musk has issued a stern warning: an impending global power shortage may be looming on the horizon, triggered by the growing adoption of electric vehicles (EVs) and power-intensive technologies such as artificial intelligence (AI). Rising Concerns from Tesla’s Head Musk, the captain steering Tesla, the world’s leading fully electric vehicle manufacturer, […]