Eskom made a R9.2-billion net profit in the six months to the end of September, far higher than the R200-million in the year earlier period.
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Emission control regulations that government wants to impose on Eskom’s power stations will lead to crippling load shedding, the utility said on Tuesday.
Hybrid warfare is gaining traction globally as the preferred option for conducting malicious statecraft in the grey zone between peace and war.
Eskom chief financial officer Calib Cassim has confirmed that Eskom has applied for an average tariff increase of 20.5% for the next financial year.
Those units in Eskom’s coal fleet that do work are being utilised at a rate of more than 90% versus an international benchmark of 70% – and that concerns lenders, an energy expert has said.
Eskom will implement rotational power cuts from 9pm on Saturday due to “generation capacity constraints”.
The environment department has turned down an application to moor a floating, gas-fired power plant in the port of Richards Bay on the KwaZulu-Natal north coast.
Eskom sees an opportunity to emerge from years of crisis by shifting from coal-fired power generation towards natural gas and renewables, its CEO said.
South Africa will soon agree on a comprehensive, unified approach to turning around Eskom, according to the public enterprises minister.
The price of petrol is going up again – and this time it’s pushing the retail cost of the fuel above R20/l for the first time in South Africa’s history.