Browsing: Mteto Nyati

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.

A sustained maintenance drive has brought units at Medupi and Kusile back online, bolstering Eskom’s energy availability factor.

Eskom said it does not expect to implement load shedding this week, taking the current run to beyond 50 days.

Electricity supply is now comfortably higher than demand, allowing Eskom to do further short-term maintenance.

This winter’s power cuts are likely to be dramatically reduced compared to winter 2023, Eskom CEO Dan Marokane said.