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200 Days Without Power Outages; “A Significant Milestone”

In the News Today: South Africa recorded the 200th day of constant electricity supply since state power utility Eskom Holdings SOC Ltd. halted rolling outages known as load shedding on March 26.

The uninterrupted supply is the result of an operational recovery plan, which has reduced unplanned outages by about 8.6%, Eskom said in a statement on Sunday. Energy availability also improved by 7.7%, it said.

“In preparation for a competitive electricity market, this is a significant milestone to ensure energy security” and attract investment to South Africa, Eskom Chief Executive Officer Dan Marokane said.

The utility is also on track to reach 206 days free of outages since Oct. 18, which would be the longest streak since October 2019, he said.

Transnet… continue reading HERE.

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  1. Douw Steyn – Douw Steyn founded Auto General Insurance in 1985 and turned it into one of the largest insurance companies in South Africa. He has since started similarly successful businesses in the UK (Compare the Market, Budget Insurance). He recently helped to develop Steyn City in Johannesburg, which is one of the most impressive residential estates in the world.