Category BreakingNews

Load shedding suspended early


BusinessTech


Eskom suspends load shedding early due to restored reserves after stage 3 implementation. ‘Perfect storm’ of events led to short notice return of load shedding, including breakdown of key power station units and reliance on gas turbines. Maintenance delays and reserve depletion required restocking for the week ahead. Updates to be provided if significant changes occur.



Read More from source



Three-day water shutdown for some Joburg residents as Joburg Water embarks on maintenance


TimesLIVE


Residents in Johannesburg are facing water shortages due to a maintenance project by Joburg Water. The Hector Norris pump station will only resume water supply on Monday after the installation of new isolation valves. Affected areas will have low water pressure, with access to water tankers provided. Several water towers and reservoirs will be affected during the maintenance.



Read More from source



IMF sends a warning to South Africa


BusinessTech


The IMF warns of economic challenges in South Africa due to fiscal deficits and public debts. Forecast predicts GDP growth to rise from 0.8% in 2024 to 1.5% in 2025, reaching 1.8% by 2030. Improved electricity generation, monetary policy easing, and restored investor confidence post-elections contribute to growth. Ongoing reforms in electricity and logistics are expected to support long-term growth.



Read More from source



Load shedding may be back — less than a day after Eskom got one-third of the increase it asked for


Daily Maverick


Eskom warns of potential load shedding after 10 months of stable electricity supply. Emergency reserves depleted due to recent breakdowns, may lead to Stage 4 load shedding over the weekend. Nersa rejects Eskom’s tariff increase application for 2025/2026 financial year. CEO Dan Marokane says setback is temporary, monitoring reserves closely. Further updates to follow.



Read More from source