Browsing: Eskom

The deadlock in the Eskom wage negotiations has been broken following a 14-hour marathon wage negotiation process, averting a potentially costly strike for the already ailing South African economy

Electricity utility Eskom says a police investigation is under way into a drone crash at its Koeberg nuclear power facility just outside Cape Town. Eskom said in a statement on Wednesday that a drone had crashed into the

Eskom, South Africa’s state-owned power utility, said it is investigating an information leak at the Koeberg nuclear plant that could affect a court case related to a R5bn contract awarded to Areva for work at the facility. The power producer hasn’t determined

Eskom has placed a safety officer at the Koeberg nuclear power station north of Cape Town on precautionary suspension after a drone crashed on the site in contravention of nuclear safety regulations. Eskom said in a media statement on Wednesday that

Members of the biggest union at South Africa’s power utility plan to broaden a strike to more plants across the country even after the company obtained a court order against the stoppage. All 15 000 members of the National Union of

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

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

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.