MPs have heard how R44.4-million was channelled from Eskom’s contractors, through sub-contracted companies, to four Eskom officials, which has led to four arrests.
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As it moves beyond a difficult turnaround, one of the key focus areas for JSE-listed Ellies Holdings is a planned launch, in the coming weeks, of solutions that will take it into the home solar market at scale.
Consumers can have their say about several matters that will determine how much they pay for electricity from next year, after energy regulator Nersa published three discussion documents for comment.
South Africa plans to tap global appetite for green bonds to help fund an infrastructure programme worth as much as R2.3-trillion over the next decade.
The procurement of power from independent producers will significantly increase investment in the sector. This will attract greater investment in energy and create much needed jobs. By Cyril Ramaphosa.
Eskom will buy at least 6.8GW of solar and wind power from independent power producers from 2022, energy minister Gwede Mantashe said on Friday in the Government Gazette.
André de Ruyter knew well the adversity he faced at South Africa’s power monopoly – a state-owned wreck hollowed out by corruption that struggles to keep the lights on, pay its bills and play ball with a unionised workforce.
A week after it announced it had attached a bank account belonging to the Matjhabeng municipality, which includes the Free State town of Welkom, Eskom has attached 139 farms belonging to the council.
South Africa’s economy will likely contract this year by more than the 7% previously forecast by the treasury, Finance Minister Tito Mboweni said in an opinion piece published on Sunday.
A conveyor belt at the giant Medupi coal-fired power station snapped on Wednesday night, prompted state-owned power utility Eskom to warn on Thursday morning of a high risk of load shedding.