Efforts to address Eskom’s R450-billion debt burden have taken a back seat to the government’s focus on fighting the Covid-19 pandemic.
Author Tebogo Tshwane
Eskom has made “key” progress in restructuring the operations of the business, with the power utility committed to meeting the “ambitious” unbundling target date of 2021.
All eyes are on MTN South Africa and Telkom, which have failed to reach an agreement with the Competition Commission to lower data prices within the specified deadline.
The PIC has dismissed the executive head of listed investments Fidelis Madavo for gross misconduct in the controversial R4.3-billion deal involving Ayo Technology Solutions.
The bold proposal by Cosatu to relieve Eskom of close to 60% of its debt using pension money may be presented by President Cyril Ramaphosa in next week’s state of the nation address.
Eskom’s new CEO, André de Ruyter, hopes to regain South Africa’s trust by addressing operational stability at the power utility.
City Power, which distributes electricity to large parts of Johannesburg, wants be less reliant on Eskom in light of how intermittent load shedding and the rising cost of electricity have affected it.
For the second year in a row, Eskom management and key staff members will not take leave in the festive season as the power utility struggles to halt power outages.
The Competition Commission says data must fall; Vodacom and MTN say they need more spectrum. Ten years after communications regulator Icasa tried to license new spectrum, it still hasn’t happened.