Business

Koeberg launches mobile desalination plant

Eskom’s Koeberg nuclear plant has today launched a mobile groundwater desalination plant amidst the drought currently gripping the Western Cape. The desalination plant will take care of the country’s sole nuclear power plant thus easing pressure on the City of Cape Town’s water supply. “The desalination plant is part of Koeberg’s three-pronged water management strategy […]

Business

PIC loans Eskom R5 billion

The Public Investment Corporation (PIC) has agreed to loan Eskom R5 billion that will be used for operations at the utility for the month of February. “The Public Investment Corporation (PIC) on behalf of the Government Employees Pension Fund (GEPF), has agreed to advance a R5 billion bridging facility to electricity utility company, Eskom, for […]