Browsing: Mteto Nyati

The electricity utility lost 10 generating units at the weekend but has said it is making good progress in restoring them to service.

Huge municipal debt is hindering Eskom’s plan to restructure and separate its distribution unit, its chairman said.

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Eskom has launched a forensic investigation into an electricity theft racket involving the use of illicit tokens for prepaid meters.

Despite a 2024 financial year stained in red ink, Eskom’s financial performance is improving, chairman Mteto Nyati said.

Eskom chairman Mteto Nyati said there are still a number of systemic issues threatening South Africa’s energy security.

Michael Lomas, a British national wanted in South Africa, has lost a bid in a London court to block his extradition.

Eskom board chairman Mteto Nyati said the company’s turnaround was executed by “real people on the ground”.

The last time rolling power cuts were imposed by Eskom was 93 days ago, marking the longest such break in years.

Eskom CEO Dan Marokane said on Friday that the utility has made positive strides but must navigate many challenges ahead.