South Africans cannot be expected to pay indefinitely for Eskom’s failures, writes Outa’s Wayne Duvenage.
Browsing: Eskom
Stage-4 load shedding is a distinct possibility this weekend, the state-owned electricity utility has warned.
Energy regulator Nersa on Thursday granted state-owned power utility Eskom an average tariff increase of 12.7%.
South Africa needs urgent and coordinated efforts to support the transition to clean energy, writes Imraan Mukadam.
Eskom’s financial viability remains at risk even though it has stabilised the electricity supply, according to the auditor-general.
Eskom has not implemented load shedding for 300 days, the state-owned electricity utility declared on Tuesday.
Parliament reconvenes next week to process a host of outstanding legislation that will have a major bearing on business.
Eskom has created a new role, group executive for renewables, and appointed Rivoningo Mnisi to the position.
A turnaround in Eskom’s finances has won praise from investors but they are keeping their eyes on the next big problem.
Huge municipal debt is hindering Eskom’s plan to restructure and separate its distribution unit, its chairman said.