Power utility eskom
[OPINION] Why South Africa’s latest plan for Eskom could work
President Cyril Ramaphosa has committed to structural reforms in the energy sector.
Eskom employs 47,000 people and has powerful labour unions, some allied with the ruling ANC and others more militant.
Willie Mathebula also says that the process of appointing forensic auditors into supply chain breaches with Eskom coal contracts is underway.
The Sunday Times is reporting that although the power utility is down to its last pennies it still wants bonuses to be paid out to axed CEO Brian Molefe.
The power utility has appealed to citizens to take the politics out of the nuclear debate consider it on its merits.
The utility says the facility will contribute towards Eskom’s current expenditure programme.
Eskom spokesperson Khuli Phasiwe chats to 702’s Nikiwe Bikitsha about the utility’s turnaround strategy and whether there’s a decline in the demand for electricity.
The power utility says it does not expect to implement electricity blackouts until April 2016.
The agency has supported Eskom in the past through loans for wind and solar projects.
The deal will see 300 megawatts of power imported daily, exclusively for Zimbabwe’s hard-hit mining sector.
This comes after an Eskom substation caught alight early this morning, affecting several businesses.
The Sunday Times claims the Gupta family’s company was awarded a R4 billion contract to supply coal.
The first unit is now functional and has been handed over to the utility's operational division.
A public apology, solar geysers and awareness initiatives are some of the demands made by Soweto residents.
Minister Lynne Brown told MPs she's confident the unit will reach its full capacity of 800 megawatts.
Eskom is battling to keep the lights on in Africa’s most advanced economy & faces a liquidity crunch.
Eskom says there is a high possibility load shedding will spill over into the weekend.
South Africans can expect a long weekend without electricity woes as the power grid remains stable.
Zola Tsotsi has agreed to step down as a director & chairman following a board meeting at Eskom yesterday.