National treasury is seeking to hire a legal firm to advise it on how to reorganise the R396-billion debt burden held by Eskom.
Browsing: Pravin Gordhan
Eskom, already struggling to avoid breakdown at its plants and nationwide blackouts, has another crisis on its hands: sabotage.
Eskom has published a request for proposals to allow private producers to use land around its coal-fired power stations to build solar farms.
Eskom’s creditors have started working with financial advisory firm Rothschild & Co as the struggling power utility prepares a long-awaited reorganisation.
Eskom will make available large tracts of land it owns in Mpumalanga to investors wanting to build private power generation plants.
South Africa’s bid to turn around state-owned companies systemically looted during ex-President Jacob Zuma’s rule are being undermined because those…
South Africa will soon agree on a comprehensive, unified approach to turning around Eskom, according to the public enterprises minister.
Public enterprises minister Pravin Gordhan said Eskom must take strong disciplinary action against employees who “undermine” it.
Eskom management is increasingly blaming staff in public for load shedding, but fails to provide the basics for them to keep the lights on, according to trade union Solidarity.
Public enterprises minister Pravin Gordhan has tried to assure South Africans that the elections on 1 November will not be disrupted by a lack of power.