South Africa’s largest labour federation is prepared to discuss reducing workers at the nation’s power utility if it’s given proof of overstaffing and that job cuts would save Eskom.
Browsing: Eskom
Eskom “isn’t on the brink of financial collapse” and the government has the problem “well under control”, public enterprises minister Pravin Gordhan has said.
Less than a week after the CEO of Eskom declared “the days of surprises are over”, documents show the government was forced to pay R5-billion in emergency funds so the utility could meet obligations.
Eskom is overhauling the Africa’s sole nuclear plant with the aim of extending its lifespan by at least 20 years.
Despite being unable to guarantee a stable and consistent supply of electricity, Eskom says it remains committed to its role in unlocking the potential of the electric vehicle market in South Africa.
South Africa’s power cuts could bring economic growth for the year close to zero if they continue at the same severity seen in March, the central bank said.
Almost 15 months into the job, and the boss of South Africa’s state-owned electricity company is getting to grips with issues spanning corruption to defective power plants that threatened to collapse the grid.
Data published by the department of public enterprises and Eskom shows just how important the contribution from solar and wind is becoming.
Public enterprises minister Pravin Gordhan has sketched two scenarios for winter that stretched the bounds of our collective credulity.
An electricity supply crisis is looming in South Africa that could make intermittent outages in the past few months seem trivial by comparison.