President Cyril Ramaphosa will no longer attend the World Economic Forum in Davos due to the ongoing energy crisis.
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Eskom said on Friday that reducing load shedding, currently being implemented at stage 6, is its “highest priority”.
Nersa has approved a 33.77% increase in Eskom’s electricity tariffs over the next two years, starting with a whopping increase of 18.65% this April.
Eskom is moving to around-the-clock stage-6 load shedding from 4pm on Wednesday as the rapidly deepening energy crisis spirals.
South Africa has entered a critical phase of revamping its sole nuclear plant and needs it to run according to plan.
Eskom has escalated load shedding to stage 6, equal to the worst blackouts it has ever imposed, between 4pm and 5am daily.
President Cyril Ramaphosa said the energy department will take over responsibility for overseeing Eskom.
Eskom CEO André de Ruyter resigned because “it’s a tough job”, President Cyril Ramaphosa said, stressing that the government has a “cohesive” plan to resolve the national power shortage.
Public enterprises minister Pravin Gordhan said an apparent attempt to poison Eskom CEO André de Ruyter will be “thoroughly investigated”.
Eskom CEO André de Ruyter survived an attempt to murder him in his office in December, according to a report by energy expert Chris Yelland.