The Democratic Alliance on Tuesday called for the removal of Eskom board chairman Zola Tsotsi as head of an inquiry into the utility’s performance, as announced by public enterprises minister Lynne
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Power supply is stable, utility Eskom said on Monday. “At this stage, the system is constrained but stable,” its media desk said. “The risk of load shedding is there if anything unexpected happens.” Earlier in March, Eskom said unit six at its newly built
Parliament’s public enterprises portfolio committee is concerned at the suspension of four top Eskom executives, it said on Friday. “We register our concern regarding the stability and governance of the power utility, considering the current energy challenges facing the
Four senior Eskom executives, including CEO Tshediso Matona, have been asked to step aside as the power utility embarks on a fact-finding inquiry, board chairman Zola Tsotsi said on Thursday. “To
Eskom on Thursday announced that it has asked its CEO Tshediso Matona and two other executives to “step aside” while an inquiry into the parastatal is conducted. Matona has been in the top job at Eskom for only six months. Before joining Eskom, he
South Africa’s inconsistent electricity supply is expected to cost the country around 0,3% of GDP growth, ratings agency Standard & Poor’s said on Monday. “We saw fourth quarter as a fairly pleasant surprise after a fairly disappointing 2014,” chief economist
The power grid will be severely constrained for the rest of the week, parastatal Eskom said on Tuesday. “It is possible that we may go through today [Tuesday] without implementing any load shedding,” spokesman Khulu Phasiwe said. “If any of our
In addition to a R23bn lifeline to Eskom, government may also convert its subordinated loan to the embattled electricity supplier to equity, the national treasury said as finance minister Nhlanhla Nene
Finance minister Nhlanhla Nene should stop giving further financial lifelines to Eskom and restructure the embattled electricity provider, the Democratic Alliance said on Tuesday. “Bold
Eskom will implement rolling blackouts on Saturday, it said. “Eskom will implement stage 2 load shedding from 8am on Saturday, 21 February 2015 [and] this is likely to continue until 10pm in the evening