LIVE | No blanket exemptions from environmental laws: Creecy on energy disaster | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 144 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 61%
  • Publisher: 80%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

LIVE | No blanket exemptions from environmental laws: Creecy on energy disaster | News24_Business

4m ago

Creecy said that on a case-by-case basis, legal advice will be taken on whether it is viable to shorten timeframes for applications for environmental authorisation.Forestry, Fisheries and Environment Minister Barbara Creecy says the regulations allow for streamlining of environmental regulations – for the duration of the state of disaster.

But that number is set to rise significantly very soon, when Eskom is explicitly excused from following any of the rules intended to protect water, air, and wildlife. The briefing will be led by the Minister in the Presidency, Mondli Gungubele, Minister of Cooperative Governance and Traditional Affairs, Nkosazana Dlamini-Zuma and Minister of Health, Joe Phaahla.

Mantshantsha joined Eskom in 2020 after a long career in journalism, including as a financial reporter with News24. It will be followed by Stage 5 from 16:00 to 05:00 on Tuesday morning. Load shedding will then be reduced to Stage 3 between 05:00 to 16:00 on both Tuesday and Wednesday. Stage 4 will be implemented during 16:00 to 05:00 on Tuesday and Wednesday.

There are also fears that Eskom might in future not be"as dogmatic" about its plant maintenance programme, which has seen the generation division of the company adhere to a strict programme of maintenance, but that has also had a severe impact on load shedding, according to sources at Eskom with direct knowledge of events.

Speaking after the release of what the group described as"solid" half-year results, co-CEO Brett Levy said while the group's electricity business continues to outperform, the outages had halted"many, many years" of double-digit growth. Godongwana strikes back: De Ruyter is 'economical with the truth' about corruption claims

The CEF said it was"unfortunate" that it was put in a position where it had to respond to De Ruyter's allegations. Eskom firestorm: De Ruyter leaves crumbling parastatal after stunning attack on ANC, government The Treasury hopes that the debt relief will set the company on a path to sustainability. Eskom has R422 billion of debt, mostly incurred from the building of mega power stations Medupi and Kusile, which it cannot service from the revenue it earns. This has weighed down Eskom's operational capacity, impeded cash flows for crucial functions like maintenance and limited its ability to borrow to expand the transmission grid.

The outgoing CEO had on Tuesday given a wide-ranging interview on e.tv's My Guest Tonight with Annika Larsen, where he was outspoken about corruption that had dogged the power utility and lamented law enforcement's response to criminal acts, saying that there were"acts of treason" occurring"on a daily basis" and that"state security are missing in action".

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:

 /  🏆 4. in CA
 

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

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MTN-linked IHS bids for Telkom’s African tower businessIHS Towers is the biggest Africa-focused tower company and has been acquiring assets in South Africa as the country prepares for a scaled rollout of a 5G mobile network.
Source: TimesLIVE - 🏆 28. / 59 Read more »

MTN-linked IHS bids for Telkom’s African tower businessIHS Towers is the biggest Africa-focused tower company and has been acquiring assets in South Africa as the country prepares for a scaled rollout of a 5G mobile network.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Load shedding is slashing Woolworths' profits by R15m a month | BusinessWoolworths' first-half pre-tax profit rose by more than half and it nearly doubled dividends even as load shedding shaved off R15 million every month from local operating profit. | News24_Business _Business Due to the sale of their bags I'm sure...
Source: News24 - 🏆 4. / 80 Read more »

PODCAST | BUSINESS DAY SPOTLIGHT: GirlCode’s push for digital skills growthMudiwa Gavaza is joined by Zandile Mkwanazi, co-founder and CEO of GirlCode.
Source: BDliveSA - 🏆 12. / 63 Read more »

More homes left half-finished as South Africans run out of money, says Cashbuild | BusinessCashbuild has flagged the growing pressure on SA's poorest consumers, estimating hundreds or more of their incomplete houses can be found sprinkled across rural areas. | News24_Business _Business Ironic while the major chains publish there double & triple digit net profits? Maybe its time to reduce those 60 to 85% Gross Margins to more acceptable 20 to 35% range? _Business The cash build server hasn't been working since last year march when will you fix it.
Source: News24 - 🏆 4. / 80 Read more »

Small Business Conversations on MoneywebSmall Business Conversations with Akhona Matshoba offers a fresh take on critical conversations that impact South Africa’s small business sector. This weekly podcast offers interviews with ground-breaking entrepreneurs and industry experts, extracting the gems they have to offer to those wanting to take their businesses forward. Matshoba_A theCIPC This is a fantastic conversation Matshoba_A Check out as a possible topic for your series on how SMMEs should manage their suppler performance with a solid plan
Source: Moneyweb - 🏆 5. / 77 Read more »