press release Cabinet this week approved the appointments of Dr. Ben Ngubane as Chairperson of Eskom’s Board, Brian Molefe as Chief Executive and Anoj Singh as Chief Financial Officer of the State-Owned Company. “I welcome these appointments and they are part of my ongoing interventions to stabilise Eskom. “Dr. Ngubane has steadied the company since […]
Tag Archives: Eskom
analysis By Judith February South Africa’s state-owned enterprises are in crisis. One need only look at failures of corporate governance within South African Airways and the national broadcaster to understand how deep the rot runs. Telkom has fared marginally better with ‘below the radar’ leadership trying to fix the broken lines, metaphorically speaking. But in […]
press release Eskom will implement stage 2 load shedding from 16h00 today, which is likely to continue until 22h00 this evening. This is due to increased electricity demand as a result of the cold front that is currently sweeping through parts of the country as well as a shortage of generation capacity resulting from technical […]
analysis By Saliem Fakir Two forms of anarchism will further imperil the energy crisis – first there’s Eskom’s anarchic pursuit of large power stations like the nuclear plant. Second, there’s the fact that those citizens and corporations who can afford it, are following their own path in response to the financial crisis and mismanagement within […]
SA Reserve Bank governor Lesetja Kganyago expressed concern on Thursday over Eskom’s extra tariff hike request to a total 25.3% increase for the 2015/16 financial year. He said at the end of the bimonthly Monetary Policy Committee meeting on Thursday that the MPC, in a split decision, decided to keep the repurchase rate on hold […]
If Eskom’s tariff increase is approved, it would be a catastrophe for the consumer and would see millions more plunged into debt followed by a slew of bankruptcies for businesses and private individuals, according to a debt expert. The National Energy Regulator (Nersa) said on Wednesday that they would announce their decision as to whether […]
By Mthulisi Sibanda Johannesburg — ESKOM said it had stopped load shedding despite the electricity supply system remaining vulnerable. Load shedding stopped on Thursday evening but restoration of power took longer in some areas Related Topics South Africa: South Africa – Wading Into Hard… Zimbabwe: Xenophobia – Last Six Buses Arrive Namibia: Nampower to Probe […]
Pretoria — Government has welcomed a R4 billion loan granted to Eskom by the German Development Bank (KfW). “South Africa’s plan to secure its power system by scaling up renewable energy generation and strengthen its transmission network has been boosted by a massive loan granted by the German Development Bank. Related Topics South Africa: Eastern […]
Photo: Johannesburg at night (file photo). Eskom chairman Zola Tsotsi has resigned, the electricity provider confirmed on Tuesday. “It happened overnight following a presentation he gave to the board,” said spokesman Khulu Phasiwe.” More on This Opposition Party Demands Answers from Deputy… Eskom and Government Keeping SA in the Dark… Deputy President to Convene Summit […]
press release By Mmusi Maimane Deputy President Cyril Ramaphosa and Eskom need to take the nation into their confidence and be frank about the possibility of a national blackout. Documents show that Eskom is running simulation exercises in preparation for a national blackout. These simulation exercises are being run under the codename Breaking Dawn, under […]
Pretoria — Deputy President Cyril Ramaphosa has welcomed Business Leadership South Africa’s commitment to help government address the difficulties facing Eskom. “Deputy President Cyril Ramaphosa has welcomed Business Leadership South Africa’s commitment to help government address the difficulties arising from the constrained supply of electricity in the country and the issues facing Eskom,” said the […]
analysis By Dirk De Vos Our Minister of Public Enterprises, Lynne Brown, says privatisation has been rejected and Eskom’s chairman, Zola Tsotsi, also says privatisation of the utility will not happen. We should probably wait for Finance Minister Nhlanhla Nene to present his medium-term budget policy statement next week, which will have to include how […]
Photo: Kendal power station, Eskom South Africa analysis By Dirk De Vos Bailing Eskom out, again, is not enough; we need to fix Eskom’s underlying structural problems. And at this critical stage we simply cannot afford another pointless debate about the merits (or not) of privatisation – its goes nowhere. But an interesting way around […]
