Tag: Load Shedding

Navigating Headwinds: Dis-Chem’s Financials Take a Hit Dis-Chem, the prominent pharmacy retailer, has navigated through what can be described as a challenging financial period. With shoppers tightening their belts, the company witnessed a 17% plummet in profits for the six-month phase ending on August 31, 2023. Despite a revenue boost of 9.4%, increasing to a […]

Headlines at a Glance: Weathering the Power Storm: A Glimmer of Growth Finance Minister Enoch Godongwana gave a nod to the resilience of the nation’s economy, noting it grew by a modest 0.9% even amidst the most intense load shedding seasons we’ve seen. Quite a feat! Looking Through the Economic Telescope: Godongwana didn’t sugarcoat things. […]

Top-line Highlights In-Depth Breakdown A Year of Challenge for Eskom: The year ending March 2023 wasn’t particularly kind to Eskom. With operational and financial metrics both spiralling downwards, the energy giant registered a net loss post-tax of R23.9 billion, markedly up from its R11.9 billion loss in 2022. One of the most significant strains on […]

The Handover: The Power Shift: From next Monday, Joburg’s City Power will have their hands on the load shedding button, bringing relief to residents who’ve been under the dark cloud of four-hour power cuts. What’s Changing?: “Areas that are load shed by City Power will remain on a two-hour schedule even during Stages 5 and […]

Setting the Stage: Here’s the scoop: It’s a myth that Eskom kept the lights on just for the thrill of rugby. For nearly a fortnight, Eskom dodged the dreaded load-shedding, only to reintroduce “Stage 2 and Stage 3” come 4 pm Sunday. Monday saw a dance between Stage 3 overnight and Stage 2 throughout the […]

Shifting Gears in Power: Winter weather is creeping in and Eskom is responding. The power behemoth announced a restructured load shedding game plan, with stages 2 and 3 coming into play to stock up on emergency reserves for the approaching cold snap. Here’s the Play-by-Play: “After nine days of stellar generation performance and zero load […]

From Dormant to Dynamic: In a move to end a hefty R300 million annual drain on its coffers, the City of Tshwane is contemplating a strategic shift for its non-operational Rooiwal and Pretoria West power stations. Despite these stations not generating power for over a decade, the municipality’s been keeping the lights on—quite literally at […]

Big News: South Africa’s weekend just got brighter! As the Springboks face off against New Zealand, load shedding interruptions won’t be on the agenda, thanks to Eskom’s latest announcement. Key Takeaways: “Load shedding will remain suspended until 4pm on Sunday…” What Changed: Just a day ago, the power giant stated load shedding would halt only […]

Introduction: South Africa’s quest for a greener future just got a massive boost! The World Bank has unveiled a $1 billion loan to back the nation’s transformative journey to cleaner, more efficient energy. A Billion-Dollar Boost: Amidst the persistent energy crisis, South Africa is set to make strides in its energy transition, thanks to the […]

A Brief Reprieve: Good news for now – Eskom’s load shedding suspension just got extended. Power enthusiasts can now enjoy a 24-hour extension, but the company urges caution. The Details: “While the generation fleet is currently fairly constrained, emergency reserves are adequate and as a result, load shedding will remain suspended until 16:00 on Thursday.” […]