Eskom CEO Brian Molefe on Tuesday challenged the South African economy to grow and create jobs and gave the assurance that Eskom will be able to supply the necessary electricity. At the quarterly “state of the system
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Eskom believes that its experiences over the past few years will assist it in making better decisions on how to keep the lights on. “We have become wiser in our risk management approach. You can only do that with the benefit of hindsight. We have learned, and today we do things differently
Eskom announced on Wednesday that four of its senior executives who were suspended earlier this year have been cleared of any wrongdoing. In March, chairman Zola Tsotsi announced that four
Stage two rolling blackouts were scheduled for Wednesday, Eskom said. “Eskom will implement stage two load shedding from 4pm today, which is likely to continue until 10pm this evening,” the power utility said in a statement. “This is due to a shortage of generation
Eskom board chairman Zola Tsotsi has not been removed, the power utility said on Wednesday. Eskom’s media desk was responding to questions on a report that the four executives, suspended earlier this month, were removed because they initiated an audit of the
Standard & Poor’s (S&P) has downgraded Eskom’s long-term credit rating to BB+ following the suspension of four of its senior officials, it said on Thursday. This had led the ratings agency to have less confidence in the company’s corporate governance arrangements
Four senior Eskom executives, including CEO Tshediso Matona, have been asked to step aside as the power utility embarks on a fact-finding inquiry, board chairman Zola Tsotsi said on Thursday. “To
Eskom interim CEO Collin Matjila has stirred controversy at the power utility over a R43m contract to sponsor The New Age’s (TNA) breakfast briefings, the Mail & Guardian reported on Friday. The new contract commits the cash-strapped power utility to sponsor around one TNA breakfast briefing