Namaqualand | SA Radio .com

The utility’s Group Chief Executive, Phakamani Hadebe, said the multi-tranche loan facility will contribute to Eskom’s plans to strengthen and refurbish the transmission infrastructure.

Eskom and the Agence Française de Développement (AFD) have signed a R1.5 billion (EUR 90 million) loan agreement to support the electricity utility’s investments in extending and strengthening its power transmission grid along the west coast of South Africa.

This loan constitutes the first tranche of a R 6.5 billion (EUR 400 million) multi-tranche loan facility signed between the two institutions in March 2017.

“This first tranche will be dedicated to financing of the Namaqualand Strengthening Phase 2: Juno Gromis Project, which aims to strengthen the power network in the Northern Cape Province, integrate renewable energy sources, and ultimately facilitate cross border transmission,” said the power utility.

Eskom plans to refurbish tran
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The coastal town of Kleinsee situated in the Northen-Cape is flooded with illegal diamond miners. The town that was part of the De Beers group has recently been a quiet coastal village with almost no stickers. It has changed drastically over the past few weeks with a diamond rush of almost 8,000 “miners.

Land that was rehabilitated by the mining group was occupied by the miners who set up huts, tents and temporary structures. Neat and rehabilitation material has been extracted and used as shelter material while new vegetation has been pulled out on the dunes to strengthen sails and structures. Nearly 8,000 miners were counted before the weekend and reportedly it grew to 15,000.

Beach facilities like toilets and showers are taken over as laundry facilities and wash facilities. No toilets exist and the open grooves are used as restrooms. The police refuse to act against the setlers because they were threatened with death.

The town’s
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Posts tagged with 'Namaqualand'

More borrowing, Eskom secures R1.5 billion loan from French Development Agency, they are so deep in trouble, how on earth will they pay it back?

Small coastal village in Northern Cape, Kleinsee is flooded with illegal diamond miners