the company has 1.7m customers. meanwhile 0fgem has confirmed british gas has agreed to take on an extra 350,000 customers from the collapsed energy firm, firm, people s energy. wholesale gas prices have risen by 250 percent since january, after a cold winter put pressure on europe s supplies and reduced levels of stored gas. there has also been increased competition for liquefied natural gas, particularly from countries in asia which also experienced cold weather. some firms, particularly the smaller ones, are now in trouble, because the high cost of gas means they can t afford to sell it to customers at the prices they promised them. ministers are due to hold more talks today with industry leaders to try to solve the crisis. speaking as he arrived in new york ahead of the the un general assembly, the prime minister said it was a temporary global problem that would be resolved as economies got back up and running after the pandemic. this is really a function of the world economy wakin
that the country s sixth largest energy company, bulb, is seeking new funds as it battles to stay afloat amid surging energy prices. the company has 1.7m customers. wholesale gas prices have risen by 250 percent since january, after a cold winter put pressure on europe s supplies and reduced levels of stored gas. there has also been increased competition for liquefied natural gas, particularly from countries in asia which also experienced cold weather. some firms, particularly the smaller ones, are now in trouble, because the high cost of gas means they can t afford to sell it to customers at the prices they promised them. ministers are due to hold more talks today with industry leaders to try to solve the crisis. speaking as he arrived in new york ahead of the the un general assembly, the prime minister said it was a temporary global problem that would be resolved as economies got back up and running after the pandemic.
By Herald Reporter - 05 March 2021
THEFT ACCUSED:
A file picture of attorney and director Phillip Masiza and his wife, Nomsa, who both appeared in the Port Elizabeth Commercial Crimes Court on Thursday Image: EUGENE COETZEE
An attorney charged with theft of R1.7m was granted bail of R10,000 in the Port Elizabeth Commercial Crimes Court on Wednesday.
National Prosecuting Authority (NPA) spokesperson Anelisa Ngcakani said Gqeberha-based attorney and director Phillip Masiza made a brief court appearance alongside his wife, Nomsa, an estate agent and owner of Masiza Khulile Properties and Auctioneers.
They are charged with six counts of theft, totalling just more than R1.7m.