Gupta's Tegeta 'repaid' prepayment loan - Eskom

2016-10-19 18:35

A controversial prepayment loan for coal to Tegeta Exploration and Resources - a Gupta family-controlled company - has been 'repaid in full', says Eskom.

Glencore jumps to 15-month high as coal prices extend surge

2016-10-13 10:00

Glencore has jumped to a 15-month high in London as coal prices rose and a Japanese steelmaker was said to agree to pay the most for coking coal in four years.

Reality TV star joins Vitol to buy Gupta coal terminal stake

2016-09-30 07:59

The Shores producer and star Quinton van der Burgh has partnered with one of the world’s biggest commodity traders to buy a stake in the continent’s largest coal terminal.

Futuregrowth seeks 'right side of history' with clean coal

2016-09-20 20:29

Futuregrowth Asset Management has suspended funding to the coal industry in order to be “on the right side of history", says chief investment officer Andrew Canter.

China seen investing too much in power plants

2016-09-14 09:30

China may be investing too much in coal power, with construction of new plants accelerating at the same time that demand growth for electricity is slowing.

Guptas' Oakbay Resources signs new coal export deal

2016-09-08 15:39

Oakbay Investments boss Nazeem Howa has confirmed that the group secured a new coal export deal, which is R150 per tonne more than its highest contract with Eskom.

Lynne Brown tells Eskom to release coal report now

2016-08-30 11:25

Public Enterprises Minister Lynne Brown has asked Eskom to immediately provide a report required by the Treasury, which is investigating the utility's coal contracts.

Eskom denies wasting R134m on 'useless' coal

2016-08-28 16:47

Eskom has rejected claims in a news report that it paid more than R134m on coal from Tegeta Exploration and Resources that it could not use.

Iqeraam Petersen: Why Eskom’s resistance to Renewable Energy is irrational

2016-08-15 20:34

In this in-depth interview Futuregrowth Asset Management investment manager Iqeraam Petersen argues that Eskom's approach to renewable energy is irrational.

Eskom says Anglo coal is a rip-off

2016-07-07 07:20

Eskom believes that the coal supplied by Anglo American's New Denmark Collier is far too expensive,


Coal fight off to court

2016-10-16 06:07

Environmental organisations are adamant that new power stations are not in line with emission rules.

First private coal power station bidders announced

2016-10-10 10:54

The energy minister has announced that private bidders Thabametsi and Khanyisa have won the first bid window to build SA's first independent coal-fired power stations.

Zuma's nephews' coal licences under fire

2016-09-25 06:11

A company with links to relatives of President Jacob Zuma has been dragged to court over protected land.

Rob Jeffery: Reindustrialise SA – critical for economic growth, jobs

2016-09-16 11:33

Reindustrialisation, electricity and employment are the keys to growth but all parties must recognise their obligations and work towards a common goal, says an economist.

Coal rises from grave to become one of hottest commodities

2016-09-09 12:44

For all the predictions about the death of coal, it’s now one of the hottest commodities in the world. The resurrection may have further to run.

Eskom gives in to Treasury on coal report

2016-08-30 20:12

Eskom indicated that it will hand over information required by the Treasury, which is investigating the utility's coal contracts.

Eskom hits back at Treasury over coal deals

2016-08-29 17:01

Eskom is "shocked and perplexed" after National Treasury said Eskom had failed to honour its undertaking to submit comments for its review of Eskom's coal contracts.

Brexit worsens UK energy supply risk

2016-08-22 14:00

Britain’s decision to leave the European Union may push back its planned exit from coal, a mainstay in the nation’s energy supply for more than a century.

A battle of ideas over SA energy plans sparks fierce debate

2016-07-27 07:02

The future of SA's energy sector has sparked a battle of ideas over big infrastructure projects versus nimble power producers, writes Fin24’s Matthew le Cordeur.

Eskom owns assets at some coal mines - Koko

2016-07-06 06:48

Eskom owns assets at mines that it part-funded and will now try to add them to its balance sheet, Eskom's Matshela Koko has explained.

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