S&P stands by its ‘three-deep junk status’ for Eskom

Rating agency says uncertainty over the government’s debt guarantee was one of the reasons it lowered the utility’s credit rating further into junk territory ...

2 days ago
Speculation around Sinopec’s plans good news for SA

BMI Research says if reports of the Chinese company intending to buy Chevron’s local assets are true, it is good news for the drive to introduce Euro-V fuel ...

2 days ago
Engen to ship high sulphur gas-oil to Singapore in rare move

SA rarely exports gas-oil, but Engen is reportedly set to ship 35,000 tonnes from Durban, due to high demand for high sulphur gas-oil in Asia

9 days ago
Foresight Solar aims to raise £50m

The specialist investment vehicle planning a secondary listing on the JSE has no investments in SA yet, but believes there could be opportunities in future

9 days ago
PetroSA has two weeks to make a plan to return it to the black, MPs say

Chair of the portfolio committee on energy Fikile Majola says the state petroleum firm can no longer be allowed to waste taxpayers’ money

10 days ago
Eskom takes DA to court for defamation

The power utilty seeks damages of R50m from the DA after offending statement alleges ‘widespread corruption in top ranks’

15 days ago