SA says no Eskom privatisation despite US$21m debt
ESI AFRICA.COM 06 August 2014 In South Africa, the government has ruled out privatising state-run electricity supplier Eskom to solve the utility’s funding shortfall of ZAR225 billion (US$21 billion), Bloomberg reports. Public enterprises minister Lynne Brown said in a statement that “it would be a gr
Bondholders should price in Eskom ‘status quo’, as Brown dismisses privatisation option
Engineering News – ONLINE 5 August 2014 Public Enterprises Minister Lynne Brown described the debate around the privatisation of Eskom as “misguided”, while an analyst urged Eskom bondholders to price in the “status quo” rather than to anticipate any near-term break-up of the State-owned e
$80m solar PV factory officially opens in Cape Town
Engineering News – ONLINE 05 August 2014 China-based solar photovoltaic (PV) giant, Jinko Solar, has officially opened a state-of-the-art factory in Cape Town, creating 250 jobs and producing 1 300 solar PV modules a day. It’s the NYSE-listed company’s first manufacturing plant outside Chin
