Eskom falling into Andre de Ruyter’s trap

Andre de Ruyter's prediction in late 2023 that Eskom was heading down an unsustainable path where many of its best customers dump the utility in favour of alternative energy sources appears to be coming true. View online Friday, 20 March 2026 Your daily update Eskom falling into Andre de Ruyter's trap Andre de Ruyter's prediction in late 2023 that Eskom was heading down an unsustainable path where many of its best customers dump the utility in favour of alternative energy sources appears to be coming true. From R20.19 to R24.63 for a litre of petrol in South Africa South African motorists are in for a shock come April, as petrol and diesel prices are expected to skyrocket. Small South African town very important for the United States The strategic importance of Simon's Town Naval Base has resurfaced in recent years as the Middle East conflict and the closure of key shipping routes forced global trade around the Cape of Good Hope. The man who wanted to become a doctor now running South Africa's oldest bank Harry Kellan, who originally aimed to become a doctor before switching to accounting, rose through the ranks at FNB and FirstRand to become CEO of the country's oldest bank. Business and Technology News Eskom paid 594% more to build its largest coal power plant than China did for same size station China spent about 14% of the money Eskom did to build the first 4,800MW section of what would become the world's largest coal-fired power station. Ramaphosa outlines new social grant for South Africa President Cyril Ramaphosa has confirmed that a new Basic Income Support (BIS) grant—an overhaul of the R370 Social Relief of Distress (SRD) grant—will be a jobseeker's grant. Must read The secret behind billionaire Patrice Motsepe's banking giant GoTyme Bank has credited its decade-long partnership with payment solutions provider BPC for its meteoric rise over the past seven years. Momentum coming for Discovery's medical-aid crown in South Africa Momentum is putting Discovery firmly in its sights as the company looks to become South Africa's biggest health insurer.  Dark clouds gather over South Africa's most important province Gauteng, the South African province that's home to Johannesburg and the capital Pretoria, is struggling to grow and its shift from manufacturing and mining to a services hub is deepening inequality.  South Africans flocking to four popular suburbs South African homebuyers are increasingly choosing "future-proof" suburbs to ensure long-term stability, value, and lifestyle potential. More stories

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