Another senior executive has decided to part ways with Eskom after he was suspended ahead of a deep-dive inquiry to look into issues plaguing the power utility. Eskom and its suspended group executive for group capital, Dan Marokane, have mutually
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South Africa is on power alert, Eskom said on Wednesday morning. “The power system remains vulnerable, meaning that any extra load or faults in the system may necessitate load shedding today,” the electricity provider posted on its Twitter feed shortly after 6.15am
South Africa has up to five years to go before its electricity supply crisis is over, and consumers may well face limited power cuts this summer, MPs heard on Tuesday. Briefing a joint meeting of parliament’s energy and public enterprises committees, Eskom acting CEO Collin Matjila
Although Eskom turned a R7bn profit according to its results released on Friday, the state-owned entity has warned this will not be sufficient to plug the R225bn revenue shortfall it faces over the next five years. The country, in the meantime, faces continued power constraints as the first unit of new power
The Democratic Alliance is demanding that R31m in bonuses paid to Eskom “directors” be “returned” to national treasury following Thursday’s rolling blackouts, the first since 2008’s power crisis. The DA says it wants the money paid back so that it can be used to buy generators for hospitals and emergency
The gap left by Eskom’s erstwhile finance director and head of capital projects, Paul O’Flaherty, looms large as the utility struggles over delays at its Medupi power station amid massive power constraints on the country. Despite his resignation, which was only officially announced in November but