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Eskom CEO Phakamani Hadebe resigns, cites ‘unimaginable demands’

JOHANNESBURG, May 24 - The Eskom board announced on Friday that its group chief executive, Phakamani Hadebe, would step down at the end of...

Eskom CEO says R69 billion government lifeline will help keep the...

PARLIAMENT, February 20  - The R69 billion lifeline thrown to Eskom over the next three years will cover around 70 percent of Eskom's debt...

A cocktail of personal ‘shock’ and ‘anger’ defines a shareholder, who...

Clyde Ramalaine -SA needs action, not personal shock and anger, act against the executive and let the board account – South Africa awoke on Monday, February 11,...

Eskom secures R15 billion loan

CAPE TOWN, February 1 - Cash-strapped power utility Eskom said on Friday it had secured a R15 billion loan facility with a consortium of...

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...

Eskom signs R1.5 billion loan with French development agency

CAPE TOWN, December 13 - Eskom said on Thursday it had signed a loan agreement with the Agence Française de Développement (AFD) for R1.5...

Eskom warns its debt could reach R550 billion

PARLIAMENT, November 21 - Eskom's financial situation will remain dire for the next few years with a risk its debt burden would grow from...

Eskom suspends executive for group capital Abram Masango

Sello Theletsane JOHANNESBURG- Eskom has announced the suspension of the head of Group Capital Abram Masango with immediate effect pending an investigation into various allegations of...

Eskom insists there’s no risk of load-shedding amid looming strike

JOHANNESBURG, June 14 (Reuters) - South Africa's cash-strapped state utility Eskom said some of its power stations were operating below full capacity on Wednesday,...

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