Eskom has kept the country’s lights on for five weeks, following a gruelling period of load shedding during winter. However, the power utility cautioned on Sunday that the power system will be tight in the coming days owing to maintenance work. It will undertake planned maintenance
The Democratic Alliance said on Tuesday that energy minister Tina Joemat-Pettersson is “purposefully misleading the public” as to the cost of the nuclear deal. South Africa has signed five
Eskom acting CEO Brian Molefe said on Friday it is a sign of Eskom’s state of stability that there has been no load shedding for 26 days, despite 900MW of Koeberg unit 2 going down for maintenance. Unveiling the power utility’s maintenance plan for the next
Deputy president Cyril Ramaphosa said on Wednesday that his attempts to improve the efficiency of South Africa’s state-owned entities are not an attempt to get more votes in the 2016 local government
Eskom went into its 23rd day without load shedding on Monday, after the official opening of unit 6 of the Medupi power station. Medupi unit 6 was opened officially by President Jacob Zuma on Sunday, after being synchronised onto the national grid and a period of testing
The country’s energy shortage is a serious obstacle to growth, said President Jacob Zuma on Sunday, when he officially opened unit 6, the first of six units at Medupi Power Station near Lephalale in Limpopo. This comes after Statistics South Africa announced this week that
The shock of Eskom’s load shedding has finally hit home, even as the China and terms-of-trade shocks are only starting to build, said Nomura analyst and emerging markets economist Peter Attard Montalto. While Eskom has not enforced load shedding for the past 17
Acting Eskom board chairman Ben Ngubane disclosed in the utility’s integrated report that Eskom has already applied for a further R38bn of revenue to be generated through electricity tariffs. This application is currently under consideration by energy regulator Nersa
Thieves robbing Eskom of conductors, cabling and related equipment cost the utility R102m in the last financial year, according to its annual financial statement. This was a 30% increase from the previous
Eskom’s financial year ended March 2015 was unusually challenging, leading to the financial and operational health of the business deteriorating, according to acting CEO Brian Molefe. He spoke at a media briefing on Tuesday where Eskom released its
