Company News in Brief

Eskom welcomes IRP 2025 as roadmap for South Africa’s energy transitionEskom has welcomed the release of the Integrated Resource Plan (IRP) 2025, describing it as a critical roadmap for balancing energy security, affordability, environmental sustainability, and socio-economic development as South Africa advances its transition from high-carbon to low-carbon energy sources.This comes after Minister of Electricity and Energy, Dr Kgosientsho Ramokgopa, on Sunday announced that the newly unveiled the IRP 2025 will unlock R2.2 trillion in investment over the next 15 years — a programme he described as the largest infrastructure build initiative in South Africa’s democratic history.Ramokgopa said the investment would be an off-balance sheet intervention, largely funded by the private sector through opportunities outlined in the IRP, which seeks to shift the country’s energy mix toward cleaner sources.The IRP outlines the addition of 11 270 megawatts (MW) of solar photovoltaic (PV) capacity by 2030, 7 340 MW of wind energy, and a 6 000 MW gas-to-power programme. There are currently no immediate plans for green hydrogen projects.-Business Report SA’s new energy blueprint: 6,000MW gas and 5,200MW nuclear power by 2039As South Africa continues its efforts to permanently end load shedding, Minister of Electricity and Energy Kgosientsho Ramokgopa has announced a new plan focusing on expanding gas and nuclear power to secure the country’s energy future.The minister said this during a press briefing on Sunday, where he also revealed that the government plans to add 6,000 megawatts of gas-to-power and 5,200 megawatts of new nuclear capacity by 2039."We're building 5,200 megawatts of new nuclear capacity in this country. Solar (PV) is going to be a big part of the mix going into the future, and then that's an additional 25,000 megawatts of solar PV."Wind [is] another 34,000 megawatts of PV [and] gas now ramps up to 16,000 megawatts."-Business Report DStv Open Time weekend announced with free DStv PremiumMultiChoice will hold an Open Time weekend on 7–9 November 2025, offering free access to DStv Premium to anyone with an active DStv decoder subscription as part of its 30th birthday celebrations.Three familiar faces from South Africa’s television past, Ashley Hayden, Scot Scott and Doreen Morris, are among the many icons returning to the screen to celebrate DStv’s 30th anniversary.MyBroadband understands that tracking Scott down for the campaign was surprisingly challenging.“DStv has grown up alongside its viewers,” said Byron du Plessis, CEO: SA PayTV at MultiChoice, a Canal+ company.“For three decades, we have been part of South Africans’ homes, their weekends and their memories.”Du Plessis said that Open Time is part of their broader strategy to reignite the DStv brand and make world-class entertainment more accessible.“From the start of November, we will be reducing our HD Decoder pricing by 30% in retail channels and over 40% through our newly launched DStv store,” he said.“This will make joining and reconnecting with DStv easier and more affordable than ever.”When DStv launched in 1995, Open Time was a window into a new world of television. It gave South Africans a taste of what pay-TV channel M-Net offered.-MyBroadband Private equity firm snaps up prominent South African companyPrivate equity firm Resolve has announced that it will acquire Tiletoria, a South African flooring and sanware company supplying a wide range of products to the retail, hospitality, domestic and commercial sectors.On Tuesday, 21 October, Resolve, acting through Resolve Private Equity Fund I, said it completed the acquisition of Tiletoria.The firm explained that this deal signals Resolve’s confidence in traditional, brick-and-mortar, asset-based industries.“While investor attention often gravitates towards emerging fields such as technology and energy, we continue to see attractive opportunities in traditional business models that are integral to South Africa’s industrial base,” said Resolve partner Phumi Twantwa. “Tiletoria operates in a sector that is expected to deliver growth, driven by renewed infrastructure activity, local procurement priorities, and steady consumer demand.” “It’s also a business that quite literally touches the lives of South Africans every day – in their homes, shopping centres, favourite take-away joint and workplaces.”Established in 1995, Tiletoria has since grown to become one of South Africa’s leading tile and bathroom specification businesses, supplying major retailers, property developers and commercial projects. The company provides tailored product sourcing and design solutions to clients such as Woolworths, Checkers, Clicks, KFC, and residential developers across the country.-Daily Investor

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