5 important things happening in South Africa today

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5 important things happening in South Africa today
South Africa Latest News,South Africa Headlines
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Moody’s questions Eskom’s targets, Zondo wants a permanent state-capture commission, Eskom’s security head suspended, renewable projects hit a massive hurdle.

: Eskom’s head of security Karen Pillay has been placed on precautionary suspension. It is alledged that Eskom did not follow proper procurement procedures for a R500 million emergency contract awarded to Fidelity Services to investigate coal theft at the utility. According to News24, senior Eskom employees said that pressure came from the board to suspend Pillay, despite her cooperating with the probe into the contract.

The South African Wind Energy Association says there’s around 30GW of renewable energy projects in the works over the next ten years. Remaining grid capacity sits at 22GW – but available capacity isn’t in regions where these projects are being built. [: The South African rand fell about 1% on Thursday against a stronger U.S. dollar as a spate of interest rate hikes by several central banks fuelled worries about global growth.

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