An urgent court bid launched by the United Democratic Movement and other organisations seeks to halt load shedding of hundreds of public hospitals, as well critical sectors such as water and sanitation and food, which they warn would crumble under the weight of prolonged power cuts.
The application also seeks to prevent Eskom from implementing a 18.65% tariff hike approved by the regulator, while also holding political leaders to account for their failure to help keep the lights and compelling them to produce a plan to mitigate the power crisis. In a supporting affidavit, energy industry veteran Ted Blom said exempting certain institutions from load shedding is technically possible.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
_Business Why does this even need to be a discussion?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Over 1,900 business shut down in South Africa – these sectors were hit the hardestBusinesses in South Africa are struggling amid record load shedding and rising costs. MYANC well done! What an achievement - your inaction and putting party before the people has caused devastation in South Africa. But well done! Enjoy the food and partying at your conferences whilst South Africans go hungry. A year of decisive action - decisively destroying SA.
Source: BusinessTechSA - 🏆 24. / 61 Read more »
Banking apps to turn your smartphone into POS for your small business | The CitizenUsing a smartphone to make and accept payments is not a new concept in South Africa. An app from Nedbank – known as Pocket POS – has been around since 2020, and Absa’s Mobile Pay was introduced early last year.📲
Source: TheCitizen_News - 🏆 6. / 75 Read more »
BUSINESS REFLECTION: After the Bell: The dark side of the Luno crypto exchangeThe first question holders of crypto in Luno have is — of course — whether my bitcoin (or whatever) is still worth anything. Some very confused reporting in there: * Genesis & Gemini are not related entitities. * Luno had an earn account too which presumably also used Genesis product. Genesis and Luno are both owned by DCG. * And more...
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Fix for blackouts that hit millions adds to Pakistan energy woesElectricity is being restored in Pakistan after a nationwide blackout and Prime Minister Shehbaz Sharif has ordered an investigation into the grid failure that’s added to the country’s struggle with surging energy costs. Pakistan needs GwedeMantashe1. He is a miracle worker when it comes to sorting out the grid.
Source: dailymaverick - 🏆 3. / 84 Read more »
NEVA MAKGETLA: The small business deficitSA’s huge jobs shortfall reflects the dearth of small business, and any effort to grow this sector won’t work until the electricity crisis is solved
Source: BDliveSA - 🏆 12. / 63 Read more »
Putin's favorite mercenary leader may be preparing to justify a failure in Ukraine | Business InsiderDespite Wagner Group's struggles in Ukraine, the group's leader, Yevgeny Prigozhin, may only 'double down' on his feud with Russia's military leaders. BISouthAfrica So inexchange for fighting on the front lines, you can now have your short prison sentence commuted to a death sentence, sounds fair to me.
Source: BISouthAfrica - 🏆 34. / 51 Read more »