Eskom Holdings SOC Ltd. said South Africa’s power system will remain constrained until the end of the month even as the utility told its biggest clients to cut use by 10 percent for a second day in a bid to avoid blackouts.
Transnet SOC Ltd., South Africa’s state transport company, defended its monopoly of the country’s eight ports and said it would make no sense for private operators such as France’s Bollore SA to enter the market.
Transnet SOC Ltd., the South African state port and rail-freight operator, plans to boost coal train deliveries to the Richards Bay Coal Terminal by 17 percent in 2011, according to Chief Executive Officer Brian Molefe.
A bulk carrier loaded with rice sunk about 100 miles from South Africa’s south coast, two days after a ship carrying almost 150,000 metric tons of coal ran aground after leaving the east coast port of Richards Bay.
Richards Bay Coal Terminal, Africa’s largest coal-export facility, and the South African Trade and Allied Workers’ Union resumed talks today to resolve a pay dispute after a mediator intervened, a union official said.