The Western Cape High Court found in favour of a landlord who was owed in excess of R300 000.00 by a tenant due to the non–payment of electricity bills.

Eskom’s newly appointed acting CEO Brian Molefe says the utility needs to find an additional 3 000 Megawatts of power in order to maintain power plants without implementing load shedding.

Slow economic growth and high operating cost inflation - especially rates and taxes, and electricity – are challenging the commercial property sector and placing strain on South African business.

In a first for South Africa, Calgro M3 is soon to launch a subsidiary that will operate completely off the national electricity grid, by generating its own renewable energy to run all aspects of the business, including that subsidiary’s administration office.

Wednesday, 15 April 2015 17:04

Eskom to move to stage 3 load shedding

Eskom will move from stage 2 to stage 3 load-shedding at 4pm today.

Greater energy efficiency is now crucial for both business and ordinary citizens, the Green Building Council of South Africa warned in the face of further electricity hikes which have been proposed in the 2015 Budget.

City Power is set to implement a residential time-of-use tariff system that will allow the utility to price electricity at different rates during the day.

Positive outlook for the economy and thus for residential property in 2015, but it seems that both the "upside" and the "downside" risks to our forecasts emanate from the Energy Sector.

Eskom has today implemented stage two load-shedding due to a shortage of generation capacity.

The greater the dominance of a property asset, the more protected the property investment will be in 2015's subdued economic markets, advises Marius Muller, CEO of SA property giant Pareto.

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