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South Africa's Electricity and Energy Minister Kgosientsho Ramokgopa on 7 October issued a determination that prioritises 4,600 megawatts (MW) of battery storage and 5,000 MW of gas-fired power for new public bidding rounds.
Oil above $100 a barrel is now hitting currencies and business activity, not only pump prices, in African fuel importers.
South African financial group Sanlam offered on 5 October to buy the 37.3% of short-term insurer Santam that it does not already own and to delist the company.
South Africa's state utility Eskom has proposed a two-year pilot tariff for cryptocurrency miners and other flexible users that would sell surplus power about 27% below last year's average industrial price.
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