Displaying items by tag: Eskom

The hawkish stance of the Monetary Policy Committee at preceding meetings gave a clear indication that a hike in the repo rate was most likely imminent, as born out by the announcement today of a 25 basis point increase, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Published in Construction Industry

Energy projects and road infrastructure upgrades may offer some relief for South Africa’s beleaguered listed construction companies.

Published in Construction Industry
Thursday, 16 July 2015 12:37

Eskom extends contract of acting CEO

Acting Eskom Chief Executive Officer Brian Molefe’s contract has been extended by a further three months, said the board of the power utility.

Published in Construction Industry

The 15.6% year-on-year rise in cement sales volume in the first quarter of 2015 suggests a booming construction sector.

Published in Construction Industry
Friday, 10 July 2015 12:05

Eskom implements stage 1 load shedding

Eskom has implemented stage 1 load shedding this morning due to increased electricity demand and a shortage of generation capacity.

Published in Construction Industry

THE Coega Development Corporation announced that the roofs of about 15 of its buildings within the Coega Industrial Development Zone (IDZ) will be fitted with solar panels.

Eskom says it is set to continue with planned maintenance during the winter months, while the power utility also dispelled prospects of a total electricity blackout.

Monday, 25 May 2015 08:57

Repo rate to remain unchanged at 5.75%

The repo rate is to remain unchanged at 5.75% per annum, the Reserve Bank said.

Published in Construction Industry
Tuesday, 19 May 2015 19:58

Eskom to implement load-shedding

Eskom will implement stage 1 load-shedding at 4pm due to a shortage of generating capacity, Eskom confirmed on Tuesday.

Tuesday, 19 May 2015 19:47

Eskom and CEO Tshediso Matona part ways

The Eskom board and the utility’s Chief Executive Officer (CEO) Tshediso Matona have mutually agreed to part ways.

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