Stage two rolling blackouts were scheduled for Wednesday, Eskom said. “Eskom will implement stage two load shedding from 4pm today, which is likely to continue until 10pm this evening,” the power utility said in a statement. “This is due to a shortage of generation
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Eskom board chairman Zola Tsotsi has not been removed, the power utility said on Wednesday. Eskom’s media desk was responding to questions on a report that the four executives, suspended earlier this month, were removed because they initiated an audit of the
Standard & Poor’s (S&P) has downgraded Eskom’s long-term credit rating to BB+ following the suspension of four of its senior officials, it said on Thursday. This had led the ratings agency to have less confidence in the company’s corporate governance arrangements
Parliament’s public enterprises portfolio committee is concerned at the suspension of four top Eskom executives, it said on Friday. “We register our concern regarding the stability and governance of the power utility, considering the current energy challenges facing the
Four senior Eskom executives, including CEO Tshediso Matona, have been asked to step aside as the power utility embarks on a fact-finding inquiry, board chairman Zola Tsotsi said on Thursday. “To