[ad_1] Power utility Eskom has consumers and energy regulator Nersa in a corner, analysts say – burning through expensive diesel far above-regulated rates, with the ability to freely recover the…
Tag: Eskom
Eskom chief’s explosive interview exposes the ANC’s rotten core
[ad_1] South Africans lucky enough to have power to watch television during the record blackouts in recent days witnessed a brutal denunciation of the African National Congress as a kleptocracy…
Eskom: how corruption and crime turned the lights off in South Africa | FT Film
[ad_1] You can enable subtitles (captions) in the video player Let’s start with the electricity crisis. 15 years into it we are still here. I mean, the damage that load…
Eskom Set for Seventh Loss as Power Cuts Grip South Africa
[ad_1] South Africa’s Eskom Holdings SOC Ltd. is on track to post its seventh consecutive full-year loss as the utility crumbles under the weight of its debt pile and high…
Eskom steps up to bat for power ships in South Africa
[ad_1] Eskom Holdings SOC Ltd. has asked the National Treasury for permission to sign an electricity purchase agreement with Karpowership, bringing the Turkish company a step closer to fulfilling a…
Eskom Asks South Africa to Take a Stake to Ease Debt Costs
[ad_1] Eskom Holdings SOC Ltd., South Africa’s indebted state power utility, said the National Treasury is assessing whether to convert 16 billion rand ($875 million) of bailout funds into equity.…
South African Towns Owe Eskom Billions
[ad_1] South Africa’s top 130 municipalities could write off 8.6 billion rand ($462.8 million) of bad debt for the third quarter, hampering their ability to maintain sewerage systems and streets…
South Africa’s Eskom warns of longer power cuts this winter
[ad_1] JOHANNESBURG, May 18 (Reuters) – South Africa’s state power utility Eskom may have to increase power cuts to an unprecedented level this winter, a company executive said on Thursday,…
South Africa Still Weighing Impact of Charging Eskom Interest
[ad_1] South Africa is still assessing the effect of adding interest to a 254 billion rand ($13.8 billion) debt relief package for state-owned Eskom Holdings SOC Ltd. as the company…
South Africa picks Marokane as next CEO of power firm Eskom
[ad_1] Eskom’s logo is seen at the Megawatt Park in Sunninghill, South Africa, May 18, 2023. REUTERS/ Siphiwe Sibeko/File Photo Acquire Licensing Rights JOHANNESBURG, Dec 8 (Reuters) – South Africa’s…