Eskom’s profit more than doubled to R30.3-billion, but electricity sales fell 6.2% and municipal arrears passed R111-billion.
Author: Duncan McLeod
Electricity theft and unrecognised municipal revenue together exceed the utility’s entire annual profit.
Eskom has confirmed R36.8-billion of irregular expenditure relating to prior years, restated outside the financial statements.
Eskom and BLSA now say they agree on the independent transmission operator, two months after a public falling-out.
South African talk radio is now searchable. Shaun Trennery built the platform without writing a line of code himself.
The JSE has suspended Labat Africa’s shares after it failed to pay its maiden dividend on time.
The clue to what comes next is a small aluminium box Apple announced this week with no keynote at all.
Co-CEO Brett Levy named the single point of exposure when asked about MTN’s push for direct relationships with the banks.
Sites, grid connections and power-purchase agreements are in place for 180MW, but nothing is generating yet.
R46.2-billion of prepaid electricity moved through the group in the year to May, up 4%. The commission it earned fell 13%.










