A bribes-for-contracts scandal involving Neotel and Transnet should be referred to law enforcement for further action, the state capture commission has recommended.
Browsing: Eskom
Former Denel chairman Daniel Mantsha played a critical role in helping to capture the company for the Guptas, according to the state capture commission.
Eskom will implement the first load shedding of 2022 from today, 2 February. The rotational power cuts will begin at 11am and continue until 5am on Monday.
A key obstacle to an emergency programme to supply 2GW of power to South Africa’s grid has been removed.
While struggling to scrape money together for maintenance work, Eskom is having to fork out big money to fight theft and vandalism.
President Cyril Ramaphosa has been told to cut bureaucracy and focus on fixing the country’s energy crisis if he wants to revive the economy.
It will cost R2.5-billion to fix the Eskom generating unit that exploded at the Medupi power station last August.
Consumers who generate their own electricity, relying on Eskom when the sun goes down, may see a drastic increase in Eskom charges.
South Africa must embark on a “just energy transition” to stimulate greater investment as a way to to overcome electricity shortages, said President Cyril Ramaphosa.
A group representing the biggest electricity consumers in South Africa have appealed for more predictable power price increases.