The City of Cape Town, trade unions and a host of civil society organisations opposed Eskom’s request for an average annual increase of 16 percent over five years at Nersa’s hearings on Eskom’s tariff application.
New solar power projects will generate local construction jobs and deliver clean, reliable energy to the community.
The rising charges for utilities such as electricity, rates and water are pressing hard on both residential and commercial property owners
Government is exploring options aimed at boosting infrastructure funding through enhancing the role of the country’s development finance institutions and by mobilising private-sector capacity, the Minister of Finance Pravin Gordhan said on Thursday.
Details on government's planned infrastructure development, South Africa's credit rating and growth forecast are some of the issues business hopes to gain clarity on when Finance Minister Pravin Gordhan tables the 2012 Medium-Term Budget Policy Statement (MTBPS) tomorrow.
Although construction activity has consistently improved over the past two years, the growth in activity ratcheted up more significantly over the last six months.
Power parastatal Eskom has asked the National Energy Regulator of SA (Nersa) for a total 16% tariff increase over the next five years.
SOUTH Africa will spend R4-trillion on infrastructure over the next 15 years, as part of its broad plan to boost economic development and growth, President Jacob Zuma said on Friday.
South Africa's electricity supply is expected to remain tight in summer as Eskom – which will soon submit its next tariff application to the energy regulator - moves to do more maintenance on its plants.
The eThekwini municipality is authorised to purchase electricity from independent power generators and is now accepting applications

eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.