Remember those dark days when load shedding wreaked havoc on households and businesses? Well, it was a year on Thursday since large parts of South Africa were plunged into darkness. And Eskom is patting itself on the back for doing its job of keeping the
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A series of public spats between South African cabinet ministers, state companies and departments are exposing divisions in the ruling party and risk spooking investors in an economy the central bank forecasts will record zero growth this year.
Eskom’s shock decision not to enter into further power purchase agreements beyond the department of energy’s bid round 4.5 is in line with its earlier stance towards the renewable energy procurement programme and might impact investors, Ashburton
Eskom CEO Brian Molefe on Tuesday challenged the South African economy to grow and create jobs and gave the assurance that Eskom will be able to supply the necessary electricity. At the quarterly “state of the system
South Africa’s state-owned power utility may ask the nation’s energy regulator for permission to raise prices more than allowed so it can recoup more than R40bn of non-budgeted expenses incurred over two years, an analyst at Rand Merchant Bank said.
Eskom said full-year profit surged as revenue increased by 11% and the South African power utility was able to avert supply cuts, raising sales to neighboring countries that have shortages. Profit was R4,6bn in the year to 31 March from R200m
Illegal connections overloaded the electricity grid causing power outages across parts of Johannesburg this week, Eskom said on Friday. Eskom said communities should “refrain from connecting themselves illegally
The first unit of Ingula is going into commercial operation, supplying 333MW of power to the national grid during peak times. The energy utility’s group capital division handed over Ingula’s first unit (unit 4) to its generation division for commercial operation
Eskom took credit for accelerating the number of households connected to the electricity supply, after Statistics South Africa revealed on Thursday that levels increased “consistently from 77,1% in 2002 to 85,5% in 2015”. This came as Stats
Eskom is progressing well with the maintenance of its power generation plant, it said on Wednesday, adding that no load shedding has been implemented for over nine months. Energy availability is continuing to improve and now