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
