South Africa has told rich countries backing its $8.5-billion energy transition deal that it wants to delay the closure of some units at its coal-fired power plants.
Browsing: Eskom
The Eskom Pension and Provident Fund plans to expand into venture capital to reduce its dependence on traditional investments.
Eskom is considering buying electricity from a Karpowership plant to be located offshore from Mozambique.
Cabinet has approved a bill on electricity regulation designed to clear the path for private generation projects and power trading.
The former Eskom CEO has agreed to appear before parliament and present a written submission over corruption at the utility.
Eskom acting CEO Calib Cassim has warned that the power utility will not tolerate acts of violence against any of its employees.
MPs have voted against establishing a panel to investigate claims of corruption at Eskom.
Electricity minister Kgosientsho Ramokgopa said workers at Eskom are the ones who will resolve load shedding.
Blackouts have reduced the potential size of South Africa’s economy by almost a fifth, according to an energy specialist.
Consumer confidence plunged in the first quarter as the country continued to be plagued by severe power shortages.