PERSONAL FINANCE: How to protect your investment portfolio from Eskom’s power crisis

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 84%

Business News News

Business Business Latest News,Business Business Headlines

With parts of the Western Cape already experiencing temperatures as low as 9°C, the new Electricity Minister, Kgosientsho Ramokgopa, has warned the country to brace for possible Stage 10 blackouts this winter as energy use ramps up.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Has he actually added 1 single milli-Watt to the grid?

I thought he was appointed to improve load shedding, not increase it.

He is not even aware of what stage l/s SA is enduring.

How about a stage 10 slap ?

Thank you ANC for shocking Governance, what a mess

The Western Cape? Are you a national news publication or not?

A whole new ministry designed to state the obvious! Haven't heard a solution yet, and definitely no plans to build new generation or transmission capacity on the cards either

What was the purpose of an entire Energy Minister if he already is warning us about the anticipated Stage 10 in the coming winter months? Eskom on its own was already capable of delivering that disappointment. Mxm. His ministry is just redundant. Wasted money indeed!

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:

 /  🏆 3. in BUSİNESS

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.

Cape Town and Western Cape to receive billions in investmentInvestment results for the 2022/23 financial year of Wesgro, the Official Tourism, Trade and Investment Promotion Agency for Cape Town and the Western Cape, has highlighted the attractiveness of the city and province as an investment destination of choice.
Source: CapeTownEtc - 🏆 17. / 63 Read more »

New R1.2bn solar project will shield Cape Town from one stage of load shedding | BusinessThe City of Cape Town has decided to pursue an R1.2 billion solar PV and battery storage project, which should shield it from one full stage of load shedding. | News24_Business _Business That’s a waste _Business 1 stage. _Business I know western cape uses 3500MW per day & a bulk of it from Capetown. I just don't know the logic that 60MW will shield CPT from 1 stage of load shedding will actually work. But anyways commendable the city is doing something. Just all politicians baffle me they seem clueless...
Source: News24 - 🏆 4. / 80 Read more »