It relates to the stubborn refusal by government that before New Largo, which is supposed to be the anchor supplier of coal to the Kusile power station, enters into a long term agreement with the owner, Anglo Inyosi Coal, 60% of the mine must belong to black owners.
This could have enormous consequences for the supply of coal to Eskom, because large investments would have to be done in new coal mines over the next five years in order to meet Eskom’s future coal needs.
In December 2014, after years of uncertainty, Eskom agreed with Anglo Inyosi Coal on a framework to prevent delays in building the mine from causing the power station to take even longer to go into operation.
The framework simply means that Kusile will obtain coal from New Largo. A final supply agreement will only be signed when Anglo Inyosi Coal is in control of black shareholders.
Shortly afterwards it was revealed that the first unit of Kusile could only supply power in 2017.
Mark Cutifani, CEO of Anglo, was diplolmatic when he announced on Friday that Anglo is withdrawing its supply of coal to Eskom.
It is good business, he said, but does not make a big contribution to their headline earnings. Anglo owns 63% of Anglo Inyosi and black shareholders own 27%.
“We are going to reduce our shareholding in the mines to less than 50%, including in New Largo,” said Cutifani.
Anglo will, however, not supply any financing or other support to increase the BEE shareholding.
“It will have to happen purely on a commercial basis.”
– News24 Netwerk24 and FinNews24
Having elevated blood pressure puts an extra strain on your arteries, raising your risk of stroke or heart attack. MinuteClinic family nurse practitioner Meredith Dixon explains why understanding your numbers and having your blood pressure checked on a regular basis is important.
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OWENS LAUGHS IN FROM HEAVEN’S GATE Legendary Gary Owens has a fantastic set of radio pipes. The 80 year old radio, TV and voiceover artist Gary Owens passes away on February 12, 2015 in his home in the Los Angeles, CA suburb of Encino. After a tour of KILT-610 Houston, KTSA-550 San Antonio, WNOE-1060 New Orleans, KIMN-950 Denver, KFI-640 and KMPC-710 Los Angeles, CA Gary grabs a spot on TV’s Laugh In as its resident announcer. Gary Owens cups his hand over his ear and gives a station ID.
IF YOU THINK THIS ISSUE OF JRRR IS WORTH READING…Please forward this entire issue to five of your friends and associates! To subscribe to Jim Rose Remembers Radio send your full Name, City, State and Country of residence plus email address to Rosekkkj@earthlink.net.
MEMPHIS LOSES MORNING STAR Popular Memphis, TN radio personality Zeke Logan, whose real name is David Millar, dies from cancer on Tuesday, February 10, 2015. This sad news comes less than one week after Logan’s longtime on-air co-host, Drake Hall, announces his illness on WXMX FM (98.1 The Max). Donations for the family and his two children to assist with medical expenses may be made through the DrakeZeke social page or http://www.gofundme.com/zekelogan.
WASHINGTON TOWER OF BABEL FOR SALE Through March 12, 2015 the tall tower which is the resting place for many of America’s heritage AM radio station towers now accepts offers for the Bethesda, MD site of its WMAL-630 Washington, DC transmitter. This 75-acre prime real estate in one of the most posh suburbs of DC should bring in hundreds of millions of dollars. John Sheridan SVP of brokerage firm CBRE Group says:Seventy-five acres in Bethesda. You don’t need to say anything more than that.
HAVE YOU SEEN HER? We avid sports fans cannot wait to see Sports Illustrated’s annual Swimsuit models who shut down Nashville’s Broadway. Know what I mean? The latest cover star of Sports Illustrated’s annual Swimsuit Issue knocks out our eyes. SI shows 24-year-old Hannah Davis in her almost bare bikini at a farm in Tennessee. What a sport Hannah is! Forget Dallas Cowboys wide receiver Dez Bryant’s catch or no catch at the last minute in the Super Bowl playoffs. Give us sports fans more Hannah Davis close ups!
TRIVIA QUESTION: Who is radio’s first Superman? The answer appears below.
MOVERS AND SHAKERS
•HAPPY BIRTHDAY! Tony Williams February 11th. Robin Marshall [Robin On Fresh] and Mike Shuping February 17, 2015. •RICH LAUBER iHeartMedia Regional Programming Manager for Syracuse, Rochester and Binghamton, NY celebrates his 30th year with the company! •ALPHA MEDIA launches new Alternative KTFM HD2 (The App 103.3) Floresville-San Antonio and translator K277CX Terrell Wells, TX. •CHET BUCHANAN & The Morning Zoo on KLUC FM CBS Top 40 (CHR) (98.5) Las Vegas, NV reach new multi-year pact.
ENTERTAINMENT AND NEWS MILESTONES
•1959 FIDEL CASTRO is Cuba’s premier on February 16th after he overthrows Batista. •1963 BUCK OWENSrecords Act Naturally on February 12th at the Capitol Recording Studios in Hollywood, CA. •1977 U.S.S.R.performs nuclear test at Sary Shagan on February 16th. •1987 WILLIE NELSON’s movie Red Headed Strangerpremieres on February 19th in Austin, TX. •1991 DUTCH PPR Political Party Radicals disbands on February 16th. •2009 JASON ALDEAN’s video She’s Country debuts on February 20th on CMT TV.
EMAILS YES WE HAVE EMAIL
FRANK HALEY [KDAZ-730 newsman – ex KLIF-1190 & KOB-770 news] (Albuquerque, NM) Did you get the latest on Gary DeLaune after his triple bypass surgery. Here’s what he said this week on facebook. FH “Just an update for all the great friends who have kept in touch the past few weeks. After the triple by-pass, Drs. Hamner and White examined my aging body this week and I will be better than ever. I have three TV interviews over the next four days about the Sports Hall of Fame honor. I never dreamed I had so many who even thought of me and I wish to thank every one of you.; Drew Pearson says he coming to the event and having him there will be another honor for me. Thanks to all. GD”
WHERE DO YOU READ JRRR? Tell us how far away from Houston, TX that you read JRRR. Got a news tip or a question? Send your full Name, City, State and Country of residence to Rosekkkj@earthlink.net.
GARY DELAUNE [ex KLIF-1190 news/KENS TV CH 5 Sports Director] (San Antonio, TX) Jim; I wish to thank all the messages and get well greetings from old media buddies. After the triple by-pass I should be stronger than ever. Praise the Lord for allowing me to stick around. I am thankful I will be able to attend the San Antonio Sports Hall of Fame induction on the 28th. A humbling and surprising honor. Thanks to everyone. Gary DeLaune
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BILL GARDNER [ex KVIL Dallas, K-101 FM San Francisco & WFYR FM Chicago] (Las Vegas, NV) Hi Jim… First saw “JRRR” via a good friend of mine for years, Bruce “Jim Edwards” Buchanan who showed me your newsletter about a year ago. I believe he said he worked with you in either Ft. Worth or Houston, before he and I worked together at KVIL Dallas, “Class FM” San Antonio, and stations in San Diego and Salt Lake City. I tried signing up for JRRR, but didn’t have much luck with my ancient AOL and their e-mail, so I see your publication by a link, jimroseremembersradio.com that I access a couple times a week. If you can sign me up, cool. I enjoy your thoughts and publication! Bill Gardner; Las Vegas NV (www.billgardnerontheradio.com)
WHAT ARE YOUR THOUGHTS ABOUT TODAY’S RADIO? WHERE IS RADIO HEADED? We want to know what is on your mind. Let’s start a radio revolution. Give us your opinion about today’s radio or whatever is on your mind at Rosekkkj@earthlink.net.
WINK MARTINDALE [former WHBQ-560 DJ plus legendary TV game show host Tic Tac Dough (1978-1985)] (Los Angeles-Calabasas, CA) Jim, I was born in ’33, and proud of it. I’ll be 82 next December 4th. I’m in good health and I’m the happiest guy in the world to be married to my “bride” of 40 years (this coming August 2nd). Both of us thank God every day for giving us another happy day on this planet. All the best to you. Keep up the good work Jim. Best blessings, Wink
TRIVIA ANSWER: Look! Up in the sky! It’s a bird! It’s a plane! It’s Superman! In February 1940 The Adventures of Superman with Bud Collyer as the Super hero begins its 11-year run on radio as a syndicated children’s show on New York City’s WOR-710. Bud Collyer becomes one of our favorite major television game hosts of Beat the Clock.
CHARLES GEORGE [KC5RAI – ex KCHU FM] (Dallas, TX) Subject: Radio Days. New Technology creates new ways of exchanging information. Also old methods employed as needed. The FBI spied on Charlie Chaplin, and many other actors and musicians in the past. Like when I hear of the daughter of a singer dying, I think it is a shame that she could not be left alone, not like she was running for an office. Free Speech versus a Free Press has been around for the longest time. Like some person calling some one a Liberal when they are not Liberal at all, but when you have Big Money backing you don’t worry about what you say about others and the results. Last Sunday I heard Ronda Ray at Adairs. She puts on a good show of Country/Pop and according to her web site has a CD to be released. I am not a big fan of Country Music but would recommend hearing her if you and others have a chance. Charles George
FRED ALLEN (May 31, 1894 – March 17, 1956) I always have trouble remembering three things: faces, names, and – I can’t remember what the third thing is.
Jim Rose and Suzie
Houston, Texas – Laus Deo
I am the Light of the world. My followers will not walk in darkness, but will have the Light of Life. Even though there is much darkness in this world, you always have access to Me. So you are never in total darkness. The trail before you may look obscure, especially as it disappears into the future. You would like it to be floodlit so you could anticipate what’s up ahead. But I tell you: I am enough! I am with you, and I also go before you-illuminating the way. Your assignment is to trust Me and follow the Light I provide. No matter how dim it may seem, it is sufficient for your journey through today.
Someday you will be with Me in heaven, and there you will see My Light in all its Glory. Darkness will be a thing of the past, and you will see everything clearly. There will be no more night. You will not need the light of a lamp or of the sun, for I will give you Light-beyond anything you can imagine! Live close to Me, and you will have the Light of Life.
Then Jesus spoke to them again, saying, I am the light of the world. He who follows Me shall not walk in darkness, but have the light of life. -John 8:12 nkjv
The path of the righteous is like the first gleam of dawn, shining ever brighter till the full light of day. -Proverbs 4:18
There will be no more night. [People in heaven] will not need the light of a lamp or the light of the sun, for the Lord God will give them light. And they will reign for ever and ever. -Revelation 22:5