The former acting CEO of South Africa’s state power utility blamed its crippling levels of debt on excessive costs incurred in building new plants and denied that it could be attributed to corruption.
Author: Agency Staff
Eskom has warned that there is a high risk of load shedding on Monday.
What’s the future for Boeing’s 737 Max jet after its second tragic accident in less than five months?
President Cyril Ramaphosa says the financial and operational challenges faced by power utility Eskom are not caused by the independent power producer programme.
Do you remember the NSA’s phone-records programme? It was perhaps the most contentious of Edward Snowden’s revelations. Now the operation has been halted entirely – with barely a whimper.
Media giants are realising what Netflix already knows: streaming is expensive.
The Donald Trump administration’s top diplomat in Beijing blasted China’s strategy in responding to concerns about Huawei, and called the company’s lawsuit against the US “kind of bizarre”.
Massive areas of South Africa’s largest city were hit by power outages on Friday afternoon after a power line from state-owned utility Eskom tripped during planned maintenance.
Energy regulator Nersa has allowed Eskom to raise prices by less than what the embattled company estimates it needs, keeping pressure on its balance sheet while also adding to inflation strains.
Chinese technology giant Huawei is launching a US court challenge to a law that labels the company a security risk and would limit its access to the American market for telecommunications equipment.