The easiest way to rescue ailing state power utility Eskom would be for government to assume part of its R419-billion of debt, CEO Phakamani Hadebe said.
President Cyril Ramaphosa vowed to rescue the ailing state power utility by providing it with financial support and splitting it into three entities after it suffered massive losses and piled on debt.
Much of the responsibility for the state of the dust-handling plant at the Medupi and Kusile power stations should be assigned to Eskom Generation rather than the contractor, says Jeremy Kirsch, MD of Clyde Bergemann Africa.
There’s been enough bad news about Eskom in recent months to rattle the hardiest bond investor. Or so you’d think.
South Africa is looking to spend billions of rand to secure energy from mega-projects on the continent at a time when state power utility Eskom is broke and struggling to supply enough electricity.
Civil society organisation Corruption Watch said it has launched an application in the high court in Pretoria to have former Eskom board members declared delinquent.
Government will announce within a month how it plans to fix Eskom, the embattled state utility that supplies more than…
Eskom is facing a mounting repair bill at two new coal-fired power stations that are still under construction, compounding its already dire financial situation.
A flexible material that converts radio signals into usable electric current raises the prospect of a world without batteries.
Promoted | In this episode of the podcast, TechCentral interviews Huawei and Pinnacle executives on Huawei’s IT network energy portfolio.