RC 260928Power FMTehillah Niselow
Monday, 28 September 2026
Power Business focused on South Africa’s energy vulnerabilities, from a looming gas cliff and costly refinery revival plans to industrial risks from weak AI governance.
- 18:54
More than 300 industrial gas users face a supply shortfall from June 2030 when Mozambique-linked supplies end; industry says no alternative project can meet that deadline.
- 19:12
Reviving SAPREF and Mossel Bay refineries could cost more than US$8 billion, but energy analyst Tepo Kadima questioned the technical and financial case for restoring ageing assets.
- 18:35
Gold Fields’ US$27.1 billion approach for Northern Star Resources was rejected as undervaluing the Australian miner; analyst Peter Major expects Gold Fields may need to improve its offer.
- 19:52
South African businesses adopting AI were urged to establish guardrails, protect personal information under POPIA, review policies frequently and require human approval before agents take consequential actions.
- 18:23
PPC’s Zimbabwe cement operation lifted its EBITDA margin from 19.1% to 34% and generated a US$15 million dividend, offsetting weakness in South Africa and Botswana.