• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
South Africa's President Cyril Ramaphosa gestures ahead of signing into law a national health bill that aims to provide universal coverage to South Africans, at the Union Building in Pretoria, South Africa, May 15, 2024. Siphiwe Sibeko
South Africa's President Cyril Ramaphosa gestures ahead of signing into law a national health bill that aims to provide universal coverage to South Africans, at the Union Building in Pretoria, South Africa, May 15, 2024. Siphiwe Sibeko
Home
World
Africa

South Africa's ANC walks political tightrope over coal plant shutdowns

May 16th, 2024 | 08:36 AM WORLD Africa 4

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Central African Republic artisanal gold mine collapses, killing more than 100
Zambian opposition leader to try to overturn election result in court
US steps in to fund African rare earths shunned by private money, sources say
Nigeria reforms helped to avert economic collapse, finance minister says
By Joe Bavier

In a ward South Africa's governing African National Congress (ANC) won handily in local elections three years ago, party campaign worker Poppy Vilakazi has been getting a decidedly frosty reception lately.

"Mostly they are angry," she told Reuters, speaking in Komati, a village in the shadow of a shuttered power plant in Mpumalanga province, an ANC stronghold in the country's coal belt.

"They feel the ANC let them down by allowing this power station to close."

South Africa's creaky power sector and the economic fallout from state utility Eskom's struggle to keep the lights on are top issues in a May 29 election that polls predict could see the ANC lose its 30-year parliamentary majority.

But as President Cyril Ramaphosa seeks to balance the need to boost energy output against dwindling funding for coal - which generates 80% of the country's power - and global demands that South Africa decarbonise, the issue is dividing his party.

Nowhere is that more evident than in Komati, where the conversion of a 60-year-old, 1,000-megawatt coal power plant has triggered a local and national backlash.

Eskom is installing 370 megawatts of solar, wind and battery storage at Komati. It is meant to be a blueprint for future coal station closures and create new jobs and training programmes in the renewable energy sector.

But local residents like Dumisani Mpungose - laid off from his maintenance job at the plant - say so far, they've seen nothing but unemployment, poverty and rising crime.

"Komati was a place of happiness, of life," said Mpungose, 37, whose wife returned to her parents' home after he lost his job, taking their daughter with her. "It's been two years I haven't seen them now. Two years that I haven't been working."

Ramaphosa's ministers have piled on the criticism.

Mineral Resources and Energy Minister Gwede Mantashe labelled Komati's closure a disaster. Electricity Minister Kgosientsho Ramokgopa called it a mistake and has successfully lobbied cabinet to delay future closures.

"If you can't make your pilot work, it's going to send a very bad message. It means you've failed," said Chris Yelland, an energy expert who believes South Africa must pivot to renewables but worries Komati risks undermining that shift.

The ANC's main rivals - and potential coalition partners if it loses its majority - are proposing their own solutions.

The left-wing Economic Freedom Fighters want to stop decommissioning coal plants and add new nuclear capacity, while the centre-right Democratic Alliance wants to liberalise the sector and break Eskom's monopoly.

HEFTY BILL

Years of mismanagement, corruption, and neglect crippled Eskom. Near daily blackouts have curbed economic growth and contributed to one of the world's highest unemployment rates.

Eskom is pushing its ageing fleet to the limit. But that's undermining commitments South Africa, the world's 14th biggest producer of carbon emissions from energy production, made under the Paris climate agreement.

South Africa's global partners are not the only ones concerned. A youth survey released this month by the Johannesburg-based Ichikowitz Family Foundation, which backs wildlife conservation and youth empowerment projects, found that 63% of South African respondents were "very concerned" by climate change, a 26-point jump in just two years.

However, funding a shift away from coal could cost up to $46 billion.

That is too hefty a bill for the government, so it's turning to the United States and wealthy European countries, who have pledged an initial $8.5 billion in financing, most of it loans.

South Africa has committed to cutting emissions to between 350 and 420 million metric tons annually by 2030, from 442 million tons this decade.

"We will prove that this can work," Thevan Pillay, Komati's managing director, told Reuters. "We'll do that in the rest of the fleet. And it will change the mindset of people."

Residents in Mpumalanga, which produces the bulk of South Africa's power and is the heart of a coal industry employing over 90,000 people, are sceptical.

"What are we going to eat if all the coal mines are closed, and all the power stations are closed?" said Anna-Marth Ott, who heads the chamber of commerce in Middelburg, one of Mpumalanga's commercial hubs.

"How are we going to sustain the economy?"

With thousands of unionised miners and Eskom workers, Mpumalanga is a bastion of organised labour, the bedrock of ANC support. Black coal entrepreneurs are key ANC financial backers.

Neither group is happy.

Despite the internal dissention, few doubt the ANC will carry Mpumalanga at the polls.

But in an election where it needs every vote it can get, many like Dumisani Mpungose do not see the point in turning up for a party they feel has betrayed them.

"This seems like a sell-out," he said of the Komati plant closure.

($1 = 18.3814 rand)

  • Topic
  • SAFRICA
  • ELECTION/ESKOM (PIX, TV)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Central African Republic artisanal gold mine collapses, killing more than 100

Related Posts

Africa
August 19th, 2026

Central African Republic artisanal gold mine collapses, killing more tha...

Africa
August 19th, 2026

Zambian opposition leader to try to overturn election result in court

Africa
August 19th, 2026

US steps in to fund African rare earths shunned by private money, source...

Africa
August 19th, 2026

Nigeria reforms helped to avert economic collapse, finance minister says

Africa
August 19th, 2026

Luxury tour agency &Beyond confirms helicopter carrying its guests crash...

Africa
August 19th, 2026

Egypt to widen cash subsidy scheme to cover more essential foods

The Wire
Aug 19th 2 h ago
Government

DOJ argues Comey novel shows he knew ‘86 47’ post was a thr...

Aug 19th 2 h ago
Business

Fed policymakers' inflation concerns increased at July meet...

Aug 19th 2 h ago
Sports

Swiss rider Poncini dies in Manx GP qualifying

Aug 19th 2 h ago
Business

Amazon plans drone delivery expansion to about 500 US local...

Aug 19th 2 h ago
Litigation

Abbott settles appeal over $495 million infant formula verd...

TRENDING ON FINANCETIME
Aug 19th, 2026 Sports

Mets' Jorge Polanco (ankle) to have season-ending surgery

Aug 19th, 2026 Sports

Reports: Phillies sign free agent LHP Nestor Cortes

Aug 19th, 2026 Business

US CFTC seeks comment on compute derivatives as AI demand grows

Aug 19th, 2026 Technology

Payments firm Stripe to buy AI developer platform OpenRouter

Aug 19th, 2026 Government

ABC says intimidation by Trump's FCC forced programming changes

Markets-Sectors
ENERGY -0.01%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT