Tag: Eskom
Eskom says coal supplier Optimum mine starts business rescue proceedings
South African power producer Eskom said on Thursday the Optimum coal mine, which is owned by the Gupta family and supplies one of the...
S.Africa approves Eskom application to buy more renewable power
South Africa’s government has approved an application by state power utility Eskom to buy more renewable power from independent producers (IPP), the public enterprises...
Can Eskom avoid a financial death spiral?
The power utility’s business is out of sync with its market.
The challenges Eskom is facing around governance, corruption and state capture are common cause,...
Eskom reacts to 5.23% tariff hike
Eskom has expressed disappointment at the National Energy Regulator of South Africa's (Nersa) decision to only grant it a 5.23% tariff hike instead of the...
Eskom’s Ingula, Africa’s largest water-pumped power scheme, reaches completion
Nestled in the verdurous Drakensburg mountain range is Africa’s largest water-pumped electricity storage scheme. Ingula is more than just an electricity generating facility, it...
25 000 job losses at Eskom’s account and counting
Power utility giant, Eskom’s proposed 19.9% electricity hike will severely cut jobs in the steel and engineering sector, says an economist for the Steel...
To save Eskom from ruin, SA should ditch nuclear plan and cut coal power
Eskom should cut down on its coal power network – including curtailing work at Kusile – and should not embark on any new nuclear,...
South Africa’s eskom not insolvent but facing cashflow trouble
South Africa’s scandal-plagued power utility Eskom said on Monday it was not insolvent but was facing serious liquidity issues and would be in “trouble”...
Eskom suspends CFO
Eskom on Friday announced the suspension of its Chief Financial Officer Anoj Singh.
“Eskom has suspended its Chief Financial Officer, Mr Anoj Singh pending a disciplinary hearing,” said the power utility.
In July, the power...
South Africa needs to sober up to save itself from sickly state-owned enterprises
The South African government is said to be seriously considering selling its stake in telecommunication firm, Telkom, in order to save the troubled South African...
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Cape Town receives upgrade from Moody’s ratings
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