A report released by the University of Cape Town’s Energy Research Centre shows that government’s planned independent power producer coal plants – Thabametsi and Khanyisa – would cost South Africa an additional R19.68 billion compared to a least-cost energy system.
Business and policy
Trade union Solidarity achieved a huge victory in its dispute at the CCMA against Sasol on white employees’ exclusion from Sasol’s new empowerment scheme, Khanyisa.
A new coal-fired power plant in Kenya’s Lamu country – set to produce 1 050 MW of power – will be the single largest independent power producer in Kenya
Trade union Solidarity is saddened by the retrenchment crisis Lonmin currently faces. However, the trade union is positive that if Sibanye-Stillwater succeeds in buying the company it could result in a favourable outcome for the platinum giant.
Hwange Colliery has suspended its MD, Thomas Makore, on allegations of corruption. Acting board chairperson, Juliana Muskwe, says the measure was taken following reports of disharmony within the company’s top management.
Never one to mince his words DMR Minister, Gwede Mantashe, has lambasted the status quo with regards to his department being rife and stalled by corruption and endless loops of red-tape when trying to get mining projects up and running.