Posts Tagged ‘south african economy’

Eskom Tarrif Hikes

This item was filled under Loadshedding News

Public Enterprises Minister Alec Irwin believes that Eskom’s finances could be seriously impaired if it was not granted additional tariff hikes this year. Irwin believes that it would be better for consumers to feel the pain now rather than wait for 2009 , in addition he says that not granting the increase will negatively [...]

Continue reading...

Load Shedding Myths – Separating BS From Fact

This item was filled under Loadshedding News

Bryan Hadefield an electrical engineer with 30 years experience provides some useful insights into the myths surrounding the load shedding crisis as well as explaining the real causes behind the crisis. Bryan identifies the following misconceptions,
# Turning off your geyser will help save electricity, BS – It mostly just postpones the use of that [...]

Continue reading...

BHP Billiton Cuts Aluminium Output

This item was filled under Loadshedding News

Global mining giant BHP Billiton is to cut aluminium production by a 120 000 tons per annum as a result of South Africa’s power crisis. The total monetary value of the lost production is R3 Billion at current market prices. This will obviously impact on BHP Billiton’s bottom line , but of more concern is [...]

Continue reading...