Tag: Eskom
Fitch downgrade pushes Eskom further into junk
Eskom’s mounting debt woes are posing the risk of crippling the country’s stagnant economy further as the power utility’s credit rating has been pushed...
October is deadline time for Eskom
Debt-laden South African power utility Eskom Holdings SOC Ltd. has narrowed its search for a new chief executive officer as the government finalises a...
Eskom—The Largest Threat to the Stability of the South African Economy
South African Finance Minister Tito Mboweni tabled a bill before the National Assembly which would see national state-owned power utility Eskom benefit from an...
Eskom’s appoints Interim Group Treasurer
Mr Mandla Maleka has been appointed Eskom’s Interim Group Treasurer, following the end of Andre Pillay’s tenor with the company on 30 August 2019.
Mr...
Eskom’s millionaire managers demand more money, crying ‘it’s unfair’
This comes days after Eskom announced a more than R20 billion net loss in the last financial year.
Eskom has confirmed it has been taken...
Treasury proposes additional R59bn for Eskom
Finance Minister Tito Mboweni has proposed additional funding support of R59 billion over the next two financial years to help the embattled power utility...
Eskom restores supply to co-operating areas
Eskom has restored supply to some parts of Gauteng where communities have allowed its technicians safe access to conduct audits, remove illegal connections, disconnect...
Eskom group treasurer resigns
Eskom group treasurer Andre Pillay has resigned after close to two years in the post, the troubled power utility said on Monday.
Pillay will leave...
Mboweni’s plan to save Eskom
The restructuring drive for power utility Eskom, which has been identified by government as the biggest threat to economic growth and stability, has started...
Eskom has yet another headache
Troubled state-owned power utility has yet another thing to worry about — a big carbon tax bill expected to kick in from 2023.
Eskom which...
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