A financial black hole of growing proportions is engulfing Eskom as it dances between blackouts and load shedding. The utility claims that maintenance issues are the principal reason
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Stage two rolling power cuts will be implemented on Friday morning, power utility Eskom said. The power outages would be from 8am until 10pm, Eskom said on its official Twitter account. Stage three
Eskom has moved to stage three power cuts, the power utility’s media desk said on Thursday. “Eskom moved from stage two to stage three load shedding at 4pm today, which is expected to
Stage two rolling power cuts will be implemented on Thursday morning, power utility Eskom said. The power outages would be from 8am until 11pm due to a shortage of generation capacity, the Eskom media desk tweeted on its official account
Eskom would implement stage one blackouts from 10am on Wednesday, it said. “There is a high demand for power and Eskom cannot meet the demand,” said spokesman Khulu Phasiwe. He said the risk of blackouts
The resignation of the National Energy Regulator of South Africa CEO Phindile Baleni will lead to hikes in the electricity price, the Democratic Alliance said on Tuesday. “Sadly, Ms Baleni’s resignation now heightens the
Eskom will implement stage one power cuts from 5pm on Tuesday after it earlier cancelled rolling blackouts for the day. “Due to a shortage of electricity generation capacity, Eskom will implement stage one load
Beyond a large increase in tariffs, a material improvement in Eskom’s financial profile is not expected before new generation capacity comes on stream, Moody’s Investors Service said on Tuesday
Mobile operator MTN may be mulling the idea of taking a stake in rival Telkom, according to a report published on Monday. Citing three sources “familiar with the negotiations”, Bloomberg, a news agency, says MTN has
If anyone still has any doubts about the severity of our electricity crisis, two recent articles should act as a final wake-up call. The first reported that cabinet had been briefed by Eskom on the risk of a nationwide blackout