The ANC has proposed using state-run unemployment and compensation fund surpluses to help rescue Eskom, raising the ire of labour unions.
Browsing: Eskom
Sales of hybrid and electric cars are growing much more slowly in South Africa than in the rest of the world. There are many reasons for this.
Debt-ridden Eskom may eliminate carbon emissions at its power plants only by 2050, according to a government taskforce.
A drive to shift South Africa’s electricity production to renewable energy is threatening as many as 120 000 jobs at coal mines and power plants that use the fuel, a research consultancy said.
Eskom on Friday said it made a net loss of R20.5-billion in its financial year ending in March 2020, down slightly from R20.9-billion the previous year.
South Africa’s biggest cities are preparing to source their own power after the energy ministry this month approved letting them wean themselves off the state utility.
Eskom, the indebted South African state power utility, will announce its annual results this week after a three-month delay.
Eskom chief operating officer Jan Oberholzer said on Thursday that the risk of load shedding will be significantly reduced after the completion of the reliability maintenance by September 2021.
South Africa will allow municipalities to source their own power rather than buying electricity solely from the state-owned utility, potentially easing a dispute with its second biggest city, Cape Town.
President Cyril Ramaphosa on Thursday unveiled a plan to revive the economy, with job creation, increased infrastructure investment, enhanced energy security and more local manufacturing among its key tenets.