South Africa’s energy sector is waiting anxiously for a crucial briefing by Minister Gwede Mantashe on TotalEnergies’ exit from offshore gas exploration blocks. The briefing will shed light on the inner workings of resource development, the business viability of offshore gas exploration in South Africa, and the legislative decisionmaking mechanism in the country. The meeting’s outcomes will be pivotal in shaping South Africa’s energy scene and influencing future decisions on resource development and economic strategy.
South Africa is committed to rejuvenating and enhancing their energy sector through sustainable energy projects and infrastructure development. They are learning from other BRICS nations and setting key initiatives such as restructuring Eskom, enhancing generation capacity, and advancing transmission infrastructure. South Africa is dedicated to a just energy transition and international collaboration to create a diverse, flexible, and sustainable energy landscape.
In his memoir “Truth to Power,” former Eskom CEO André de Ruyter offers readers an insider’s perspective of the corruption he witnessed during his threeyear tenure at the South African electricity giant. Through a blend of narrative and analysis, de Ruyter exposes the dark underbelly of power and the crippling impact of corruption on the nation’s energy crisis.
Load shedding, a common occurrence in South Africa, has returned yet again. Eskom, the country’s primary electricity provider, has confirmed the situation will continue for the rest of the week. The cause is the delay in returning units to service, leading to a significant decrease in capacity and leading to renewed load shedding across the nation.
The South African Minister of Trade, Industry, and Competition has recently announced Energy Users and Energy Suppliers Block Exemptions to encourage collaboration among companies and institutions in the energy sector. These exemptions allow for joint investment in shared energy infrastructure, joint financing and risksharing, and collaborative training and skills development programs. This move aims to address the nation’s electricity supply constraints and improve the efficiency of energy use.
Assuming the role of Eskom CEO in January 2020, André de Ruyter soon discovered why it was considered the most challenging job in South Africa. In his newly published book, “Truth to Power: My Three Years Inside Eskom” by Random House Publishers, the former CEO takes readers on a journey through boardrooms and government meetings, unveiling the inner dynamics of the stateowned enterprise.
Deputy Ministers Conduct Comprehensive Assessment of the Freeport Saldanha Industrial Development Zone Deputy Minister in the Presidency for Planning, Monitoring, and Evaluation, Pinky Kekana, and Deputy Minister of Public Works and Infrastructure, Bernice Swarts, recently conducted a comprehensive assessment of the innovative Freeport Saldanha Industrial Development Zone. The strategic initiative showcases a promising model for economic development and empowerment that aligns with the District Development Model (DDM).