South African billionaire Robert Gumede tells the Zulu king he will turn sugarcane into fuel
Robert Gumede told King Misuzulu kaZwelithini that Tongaat Hulett will produce ethanol and sell electricity to Eskom, lifting demand for KZN cane.
Skip to content
Robert Gumede told King Misuzulu kaZwelithini that Tongaat Hulett will produce ethanol and sell electricity to Eskom, lifting demand for KZN cane.
Energy Exchange of Southern Africa, created by Johann Rupert's Remgro, is building the trading platform for a fully liberalised South African electricity market.
Eskom sues to block trading licenses issued to Discovery Green and others, warning of grid risks and unfair energy market competition.
In 2024, ArcelorMittal SA paid Eskom $171 million for electricity as rising costs, weak demand, and imports pressured the steelmaker.
The Sibanye-Stillwater CEO took issue with South Africa’s sluggish stance on attaining carbon neutrality.