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Eskom has managed to produce surplus power and is currently collecting debt owed by municipalities - which is helping the utility remain financially sustainable.

Eskom's reluctance to sign power purchase agreements worrisome

Tuesday 24 January 2017 20:41

Sarec says Gas, Coal and Co-generation project developers and IPP are equally concerned about potential delays in closing their projects due to Eskom's reluctance to sign power purchase agreements.

Eskom's reluctance to sign power purchase agreements worrisome

Tuesday 24 January 2017 20:41

Sarec says Gas, Coal and Co-generation project developers and IPP are equally concerned about potential delays in closing their projects due to Eskom's reluctance to sign power purchase agreements.

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Rand firmer after central bank keeps rates on hold

Tuesday 24 January 2017 20:21

South Africa's rand firmed on Tuesday, supported by a globally vulnerable dollar and the central bank's decision to keep key lending rates steady as it warned of risks to the inflation outlook.

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Rosatom participating in preliminary tender phase

Tuesday 24 January 2017 18:49

The Russian state nuclear agency Rosatom has clarified that it's participating in the preliminary information gathering stage of the tender to build a nuclear power project in South Africa.

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Repo rate remains unchanged

Tuesday 24 January 2017 15:26

Reserve Bank Governor Lesetja Kganyago says the monetary policy committee has decided to leave the repo rate unchanged at 7% - meaning the prime lending rate stays at 10.5%.

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Public Enterprise happy with Eskom's turnaround plan

Tuesday 24 January 2017 14:59

Public Enterprises says Eskom has failed to connect additional independent power producers that specialise in renewable energy to the grid.

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Zuma call for radical economic transformation anything but radical:DA

Tuesday 24 January 2017 06:28

Democratic Alliance (DA) leader Mmusi Maimane says President Jacob Zuma’s call for national government to rapidly speed up “radical economic transformation” was anything but "radical".

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Rand, stocks lifted by commodity prices

Monday 23 January 2017 20:01

South Africa's rand and stocks rallied on Monday as emerging markets were helped by buoyant commodity prices and as uncertainty over US President Donald Trump's fiscal policies hit the dollar.

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ANC commitment to radical change not new: economist

Monday 23 January 2017 19:50

According to Dr Azar Jammine, the ANC has not implemented its commitment to radical economic transformation, and the ruling party's re-commitment to transform the economy is not new.

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Cosatu alarmed by ongoing job losses

Monday 23 January 2017 18:02

Cosatu on Monday said it was alarmed and deeply concerned by the ongoing jobs losses in a number of economic sectors.

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Consumers sell personal belongings to pay off festive debt

Monday 23 January 2017 17:10

Cash converter companies are having their hands full with consumers selling personal belongings after excessive spending over the festive period.

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