If we are serious about growing the economy and creating jobs, we need to support these young people – even though they don't seem to expect any help or handouts, writes Melanie Verwoerd.
Showers late. Morning clouds. Mild.
Speculation that government is considering a debt for equity swap to help plug Eskom's debt gap are "irresponsible", warns Treasury director-general Dondo Mogajane.
South Africa was forced to deal with rotational power outages last week following major problems at the massive coal-fired power station.
But Eskom said the power system remains constrained, and load shedding may be implemented at short notice.
Despite a constrained and vulnerable power system, no loadshedding is expected on Monday and the probability of further power cuts remains low for the rest of the week, says Eskom.
A wrong version of the Integrated Resource Plan was published on Friday morning.
Eskom spokesperson, Dikatso Mothae, has confirmed to Fin24 that Stage 1 load shedding will be implemented on Saturday.
The Gauteng Department of Education says matric examinations have proceeded successfully, regardless of minor delays in some areas due to load shedding and a bomb scare in Vereeniging.
The trade union federation wants Eskom's senior management, plus the board, to be dismissed after stage two load shedding was announced on Wednesday.
Johannesburg Metropolitan Municipality Executive Mayor Herman Mashaba urged the country’s large cities to do all that they could to ensure that they were not overly dependent on Eskom and the national grid for power.
A number of problems have hit Eskom's plants.
Security of energy supply can be an advantage in securing investment, but in SA, load shedding is a "significant investment constraint," says Trudi Makhaya.
The Integrated Resource Plan for 2019 outlines nine interventions to improve electricity supply, including making provision for a nuclear build programme and immediately working on increasing reserve capacity.
While President Cyril Ramaphosa said government and Eskom were working to prevent a case where South Africans were "plunged in darkness without warning", he stressed that "tough decisions" would have to be made.
While the system remains constrained and vulnerable, no loadshedding is expected on Monday and the probability of loadshedding is low for the week, according to an update from Eskom.
On Sunday South Africa will take on Japan in a Rugby World Cup quarter-final match at Tokyo Stadium.
A DA petition to support a plan for saving Eskom had over 69 000 signatures by early on Thursday evening. But the ANC called this "desperate measures" by the DA to "hijack the electricity situation in the country for political point scoring".
Deputy President David Mabuza told Parliament that stabilising the power utility and curbing load shedding was the most important thing government could do to avoid a downgrade in the country’s credit rating.
Eskom is investigating why a conveyor belt carrying coal from the Grootgeluk Coal Mine to Medupi Power Station in Limpopo has failed, a spokesperson confirmed.
Eskom said load shedding will likely continue for the rest of the week.
Over the last few weeks, I have had the sense that the pendulum of emotion has swung from extreme negativity to intentional and deliberate positivity. But that was before load shedding, writes Howard Feldman.
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