This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Eskom grid ‘unreliable and unpredictable’ - De Ruyter

Loading player...

South Africa faces yet another crippling week of intermittent power supply with Eskom announcing it is unable to match peak demand. Eskom CEO Andre de Ruyter hosted a press briefing updating the nation on the electricity crisis. Meanwhile, President Cyril Ramaphosa wrote in his newsletter that a comprehensive set of actions to deal with the crisis will be announced soon. Learn more about your ad choices. Visit megaphone.fm/adchoices

11 Jul 2022 9AM English South Africa Investing · Business News

Other recent episodes

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…

29 Jul 5AM 15 min

BizNews Edge: Treasury pays 69 errant municipalities anyway, SARB rate hold is punishing the Rand

Treasury switched off the taps to 69 municipalities for doing nothing about corruption and mismanagement. Today it switched them back on anyway, days before its own deadline. Alec Hogg asks the obvious question nobody in government wants to answer. Plus: why last week's Reserve Bank rate hold is already punishing…

29 Jul 7AM 18 min

BN Daybreak: SA gun stats; Phala Phala; Fed rate debate; Oil scenarios; Nvidia on AI

In today's BizNews Daybreak, SK Hynix posts profit gains while Nvidia’s CEO defends open-weight AI amid safety warnings and new hacking reports. Ford raises its outlook and Visa cuts 2,600 jobs. In South Africa, SAPS data reveals over 99% of gun murders involve unlicensed firearms, while the Phala Phala impeachment…

28 Jul 11PM 15 min

Ian Cameron: 41,000 killed with illegal guns and the factional battle for control of SAPS

In his latest interview with Chris Steyn, Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, talks about the revelation that - in the last four financial years - over 41,000 murders were committed with unlicensed firearms, but fewer than 400 murders with licensed firearms whilst the government is…

28 Jul 6AM 22 min

BizNews Edge: Cyril's impeachment battle heads to ConCourt, billions wiped off AI chip stocks

Two judges signed the same court order and can't agree on what it actually stops. Now Ramaphosa's impeachment fight is headed to the Constitutional Court, with the ANC's own GNU partner pushing Parliament to keep working in the background regardless. Meanwhile South Africa's bookmakers want prediction markets like Polymarket treated…

28 Jul 5AM 16 min

All episodes