Posts tagged with 'loadshedding'

 

Guptas at it again – workers unpaid but lavish R100m double wedding planned – most likely funded by the ANC-regime?

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The Emirates Palace hotel in Abu Dhabi where the Gupta family are reportedly hosting a lavish double wedding in February 2019.

The Guptas are reported to be hosting a lavish double wedding at a palatial hotel in Abu Dhabi.

The AmaBhungane Centre for Investigative Journalism published a nine-page wedding invitation on Friday and said the bash, an event lasting five days between February 19 and 23, could end up costing as much as R100m.

“The wedding is a double-feature, with Rajesh ‘Tony’ Gupta’s daughter Shubhangi Singhala marrying Chetan Jain and Atul Gupta’s son Srikant Singhala tying the knot with Akhya Bansal.

“This is the third publicly lavish wedding the family has funded,” said AmaBhungane.

The logos of Gupta companies in South Africa, including the Koornfontein mine where miners have gone unpaid, are featured in the wedding invitation.

The publication said a request for comment direct
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South Africans should brace for more rolling blackouts as the power grid is unstable and cannot produce enough power to sustain the country

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Eskom warned of wider controlled power cuts on Monday after six additional generating units unexpectedly went offline. The power utility launched stage 4 load shedding, which requires the shedding of 4 000 megawatts from the grid.

The Cape Chamber of Commerce and Industry is shocked by the sudden dramatic increase in load shedding.

“How is it possible for six units to go down at the same time?” asked Ms Janine Myburgh, President of the Chamber. “It is just too much of a co-incidence and we must ask if this is not another case of sabotage?”

Sabotage was blamed for a previous bout of load shedding, but the form it took was never explained to the public, except for workers who prevented coal deliveries from taking place.

“Stage Four load shedding is very serious indeed and it will affect commerce and industry. This will also affect the jobs of other workers, especially in heavy industry and it is time that workers whose jobs are at
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Price shock beckons if Nersa authorize Eskom’s request- National power provider demands 45% increase in tariffs – Now taxpayers have to pay for state institution’s incompetence

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National power provider, Eskom’s application to Nersa will be heard in Cape Town next week.

Nersa has already approved a 4.41% increase, but now Eskom is demanding 15% annually over the next three years, which is three times the official inflation figure.

Energy expert Ted Blom says the application should be scrapped until the forensic audit is completed on the statecapture that took place at Eskom.

Experts have disclosed a different outlook on this situation by pointing out that the power tariffs are already too high and should rather be lowered, especially in view of the fact that power is being sold to neighboring countries at far lower rates than charged to South-Africa itself.

The power provider also indicated that load shedding could be reinstated next week, which would further crippled the economy.

Read the original article on SAUK-nuus
This report does not necessarily reflects the opinion of SA-news.

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Uncovering the Truth – That’s why Eskom is employing loadshedding and Jan van Riebeeck’s nor apartheid can be blamed for the failed state entity

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An anonymous engineer at Eskom revealed on social media the problems and forecasting of the failed state entity.

50% of coal power stations are out of order and will only be operational again in three years time.
Four of the six turbines at one power station have “broke down” due to poor grade coal (supplied by Gupta’s).
No or little maintenance has been done in the past four years.

All this said, loadshedding will be our forecast in January, and this will make the fierce economy even more damaging and more bankrupt.

Read the original article in Afrikaans on Die Vryburger
This report does not necessarily reflects the opinion of SA-news.

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