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Eskom
Ailing Eskom faces emissions violations, could shut plants
Africa’s biggest public utility supplies over 90% of South Africa’s electricity, relying largely on ageing, heavily polluting coal-fired power stations but does not generate enough cash to meet its debt servicing costs.
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Financial Fiscal Commission 'concerned' about leadership instability at Eskom
The FFC provides guidance to the government and legislatures on fiscal and financial matters.
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WC DA rejects Special Appropriations Bill for R59bn Eskom bailout
According to the party, more than R100 billion will be lost due to the bill.
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Eskom appoints Mandla Maleka as acting group treasurer
Maleka’s appointment followed the end of Andre Pillay’s tenure at Eskom on 30 August.
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There's hope for troubled SOEs, says parly committee chair
Last week, members of the committee travelled to Johannesburg to visit South African Airways, South African Express, Denel and Eskom.
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KZN DA wants Newcastle placed under administration over Eskom debt
Eskom sent an official notice to the town’s municipality and warned it would cut off electricity to industrial, commercial and residential areas for more than 11 hours each day.
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Eskom says first power produced at Medupi's last unit
Eskom said it produced 190 MW at Medupi’s unit 1 for the first time, making it the last of the six units to be synchronised to the national grid.
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Treasury's economic blueprints throws sharp focus on Eskom's woes
South Africans have been urged to comment on the report, which draws on several themes including addressing distorted patterns of ownership and modernising industries.
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Long road ahead for Eskom as massive restructuring on the cards
With a debt burden in excess of R440 billion and aging infrastructure, it’s going to be challenging for those tasked with fixing it.
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Leaked Eskom document paints dire picture of utility
It gives some indication of the priorities for leadership and the plans to ensure that Eskom digs itself out of what's becoming a very deep hole.
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Scopa set for oversight visits to Kusile, Medupi power stations
The Kusile and Medupi power stations, which are key to the country’s power security, have been hit by massive delays and cost overruns in recent years.
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Govt to publish special paper on Eskom detailing long-term sustainability plans
The paper will among others, identify options to resolve the power utility’s excessive debt and outline the process that will be undertaken when the company restructures its units to ensure a just transition.
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Eskom confident of talks with unions about its turnaround strategy
Eskom said the decision to involve organised labour in its plans is meant to create a fertile ground for mutually beneficial engagements.
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Splitting Eskom could take four years
President Cyril Ramaphosa promised to split Eskom into different units for generation, transmission and distribution earlier this year.
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Solidarity wants to have Brian Molefe’s property seized
Brian Molefe had until Friday to pay R700,000to Solidarity for its legal costs in his unlawful early retirement case.
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Cabinet hopes to be briefed on Eskom's draft white paper
The draft white paper is expected to set out how Eskom will be unbundled into three separate state-owned divisions for generation, transmission and distribution.
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Rand firms, stocks flat
At 1505 GMT the rand was 0.34% firmer at 15.2275 per dollar, bringing gains to 1.2% since Wednesday when the currency tumbled to just shy of an 11-month low.
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Ivory Park to remain in the dark until transformer replaced - Eskom
The power utility said it had been unable to access the area to conduct audits, remove illegal connections and disconnect bypassed meters because some residents had prevented them from doing so.
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Solidarity wants Eskom pension fund to recover R10m from Molefe
Union and lobby group AfriForum announced on Tuesday that they’ve also started the process to pursue a private prosecution against Molefe.
