The failure of Eskom to adopt sound project management strategies could have circumvented billions of rand wasted due to administrative failure and non-compliance.
Browsing: Eskom
The board of Transnet said it plans to dismiss CEO Siyabonga Gama after losing confidence in his ability to lead South Africa’s state-owned ports and rail company.
More than half of South Africa’s core coal plants are running low on fuel, with at least four holding less than 10 days of supply, and the country’s power utility plans on trucking and railing emergency stocks as far as 400km.
Struggling power utility Eskom is expected to submit an application to energy regulator Nersa for an average tariff increase of 15%/year for the next three years.
South Africa has dropped proposals to boost supply from nuclear plants in its latest energy blueprint and will increasingly bring in renewable sources as it trims a reliance on coal.
There is a high risk of rolling electricity blackouts in South Africa on Wednesday evening, state-owned power monopoly Eskom said in a statement.
Eskom implemented rolling blackouts across the country on Tuesday as an ongoing protest over wages curbed electricity generation.
Protests at some South African power stations amid deadlocked wage talks are stopping coal from getting to plants and threaten to force the country’s electricity provider to implement rolling blackouts.
Eskom’s newly appointed group CEO Phakamani Hadebe put on a brave face when he announced that the group showed a R2.3-billion net loss and received a qualified audit opinion for the year ended 31 March 2018.
Altron has taken another big step in shedding its legacy industrial assets as the JSE-listed technology group transforms into an ICT-focused business.