Anglo American 'engaging' with Govt to launch pilot schemes to generate its own energy - Nolitha Fakude

Loading player...
In December South African miners were hit by the country’s biggest blackouts as Eskom implemented 'stage 6' blackouts for the first time. It forced some of the producers, including Sibanye-Stilwater and Petra Diamonds to close their underground mines, and prompted the mining industry to ask Mineral Resource Minister, Gwede Mantashe to allow them to build their own power plants. They estimate that they can generate 800MW of conventional power and 800MW of solar power. Speaking to Biznews in Davos at the World Economic Forum, Nolitha Fakude, the Chair of the Managing Board and Group Director of Anglo American in South Africa, said the mining group was currently engaged with Eskom and the Government, talking about the self-generation of power and looking at pilot schemes. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices
23 Jan 2020 2AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min

BN Briefing: Leaked Iran death toll, US-SA relations, and Equities vs Gold

In this BizNews Briefing, Dr. Iraj Abedian reveals leaked reports of 12,000 deaths in Iran, questioning the South African government’s silence. The Hudson Institute's Josh Meservey analyses Pretoria’s alignment with American adversaries. Plus, David Shapiro discusses the "survival mode" of South African business, and Peter Major explains why equities historically…
14 Jan 5AM 13 min