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Tag: Cash-strapped power utility Eskom

NERSA ‘rewards’ corruption at Eskom with a 15.63% increase – Mayor...

JOHANNESBURG, May 14 - Mayor Herman Mashaba on Tuesday issued a statement in which he claims the National Energy Regulator of South Africa (NERSA) has...

Eskom signs $180mln loan with BRICS bank to connect 670MW of...

JOHANNESBURG, 1 April - The New Development Bank (NDB) and South African power utility Eskom on Monday signed a U.S.$180 million loan agreement to connect...

Eskom confirms implementation of rotational powercuts for second straight day

JOHANNESBURG, March 15 - South Africa's state-owned electricity utility Eskom said on Friday it would implement Stage 2 rotational powercuts or load-shedding from 8 am...

Eskom says risk remains for scheduled powercuts on Friday

JOHANNESBURG, March 8 - State-owned electricity company Eskom said on Friday there was a possibility it might have to implement rolling power cuts to avoid straining...

NERSA approves Eskom electricity hike of 9.4 %

PRETORIA, March 7 - The National Energy Regulator of South Africa (Nersa) has granted electricity provider Eskom, a 9.4% tariff increase for 2019/2020. An increase...

Spotlight still on Eskom after board chairman wraps up testimony

JOHANNESBURG, February 26 - Corruption at state electricity company Eskom will again be in focus at the ongoing inquiry into state capture on Tuesday...

Eskom Chairman Mabuza back in the hot seat at Zondo Inquiry

JOHANNESBURG, February 25 - Eskom chairperson Jabu Mabuza will be back at the Zondo Inquiry on Monday, where he will continue his testimony about...

Anti-Poverty Forum urges Mkhwebane to probe the expensive RE IPPs signed...

Staff Reporter The Anti-Poverty Forum has written to the Public Protector Busisiwe Mkhwebane to urgently investigate the Department of Energy Independent Power Producers projects signed...

Power utility Eskom to cut 10 executive jobs

JOHANNESBURG - South African power utility Eskom will reduce its executive management to 10 from 21, it said internal memo seen by Reuters, part...

Transfer of Eskom’s debt to South African government credit neutral –...

JOHANNESBURG - Power utility Eskom's request for the government to take up 100 billion rands ($7 billion) of its debt could cause the country's...

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