Forcing people to cross the border in the hunt for jobs. South africa has a problem some of its biggest state owned companies pose a threat to the economy due to the huge debts chief executives have resigned frustrated by red tape or have been fired due to corruption and president still run oppose the recently won another term with the help of powerful unions has shelved plans to fix Problem Companies now if the state was to step in to bail out 2 of the biggest firms Power Company eskom imports operator transnet Government Debt would shoot up from 57 percent to 68 percent of g. D. P. Escolar said it doesnt need a 3rd of its 48000. 00 employees and for unions and ram opposed the thats a problem south africas Unemployment Rate is at 27 percent with or without a bailout power blackouts in march were behind south africas economy contract in the 1st 3 month. Of the year eskom has been given an extra 4900000000. 00 to keep operating and to pay down some of its debts trance that which runs th
It safe. And paying the highest price the killing of hundreds of human rights defenders and colombia sparks worldwide outrage. Hello again welcome back well we are going to seem plenty of rain over the next couple days here across much of the philippines and if you look at the satellite image its really the philippines that has had rain over the last 24 hours so that will continue anywhere from the Northern Areas down towards the south so manila expect to see heavy rain in your forecast attempt to there of 31. 00 degrees here on sunday coming down a little bit but really the rain expands across much of the region drier down here towards the south and scattered showers over here towards the west and singapore we do expect to see a rain shower in the afternoon when the temps are there of 32 degrees what here across much of australia we have one system entering the tasman sea another system is pushing across the bite and here across much of the east in the southeast were going to see High
The application by Eskom to preserve and reserve grid connection capacity for independent power producers (IPPs) participating in public procurement processes implemented in line with Section 34 of the Electricity Regulation Act (ERA) is not a surprise, but nevertheless raises serious questions. The well-documented failure of Eskom to invest in grid capacity ahead of demand is the ultimate cause.
The National Council of Provinces’ (NCOP’s) recent approval of the Electricity Regulation Amendment (ERA) Bill has far-reaching implications for the future structure and operation of an industry that has been dominated by Eskom for more than a century. Unlike the controversial National Health Insurance Bill, which President Cyril Ramaphosa signed on May 15, the ERA has the backing of business, which called for its urgent passage as part of reforms that it viewed to be necessary to end loadshedding and place the sector on a more sustainable footing.