South Africa’s next energy crisis is in the accounts department

by nouman | Sep 29, 2026 | Andre Nepgen, Craig Holmes, Discovery Green, Energy and sustainability, Eskom, Etana Energy, Growthpoint, Let'sCreate, Let’sEquip, Nersa, Opinion, Sections, Serengeti Energy

South Africa’s private power boom has created a billing problem most finance teams can’t solve.

Anthropic bets AI will outstrip electricity and the internet

by nouman | Sep 29, 2026 | Alphabet, Amazon, Anthropic, Dario Amodei, Elon Musk, Google, Investment, Meta, News, OpenAI, Sections, SpaceX, xAI

Anthropic plans to spend US$518-billion on computing and infrastructure as it eyes a $2-trillion listing.

Eskom’s profit doubles even as it sells less electricity

by nouman | Aug 31, 2026 | Business Leadership South Africa, City of Johannesburg, City Power, Cyril Ramaphosa, Dan Marokane, Deloitte, Energy and sustainability, Eskom, Mteto Nyati, National Transmission Company South Africa, Nersa, News, NTCSA, Sections

Eskom’s profit more than doubled to R30.3-billion, but electricity sales fell 6.2% and municipal arrears passed R111-billion.

The R45-billion missing from Eskom’s income statement

by nouman | Aug 31, 2026 | Calib Cassim, Dan Marokane, Deloitte, Energy and sustainability, Eskom, National Treasury, News, Sections, South African Police Service

Electricity theft and unrecognised municipal revenue together exceed the utility’s entire annual profit.

Eskom is still counting irregular spending from years ago

by nouman | Aug 31, 2026 | Calib Cassim, Deloitte, Energy and sustainability, Eskom, News, Sections

Eskom has confirmed R36.8-billion of irregular expenditure relating to prior years, restated outside the financial statements.

Huawei is ramping up spending on R&D

by nouman | Aug 31, 2026 | Google, Huawei, Investment, News, Sections, T-Mobile

Revenue is growing again, but the bill for replacing US technology is showing up in Huawei’s margins.