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Eskom unable to service R450 billion debt

10 September 2019, 11:39 AM

The power utility Eskom is unable to service its debt of about 450 billion rand and has to borrow to pay it.

Eskom ensures lights will stay on despite challenging times

4 September 2019, 11:49 AM

Power utility Eskom says it will keep the lights on despite a very challenging winter period.

Eskom

Eskom appoints Interim Group Treasurer

1 September 2019, 8:15 PM

Eskom has announced that Mandla Maleka has been appointed Interim Group Treasurer following the end of Andre Pillay’s tenure.

Eskom could require additional funding

28 August 2019, 8:04 PM

The National Treasury has told Parliament that should Eskom fail to implement its funding plan by the end of March next year, it will end up requiring additional funding.

Eskom

Scopa to conduct meeting with Eskom

27 August 2019, 1:07 PM

Parliament’s public accounts committee (Scopa) is meeting with Eskom management at the Medupi power station in Lephalale, Limpopo.

Eskom

Department of Public Enterprises to outline Eskom’s turn around plans

24 August 2019, 5:40 PM

The Department of Public Enterprises says it will, in the next few weeks, publish a paper outlining governments plans for embattled power utility Eskom.

Greenpeace members blockade Eskom’s entrance

20 August 2019, 10:50 AM

Members of the environmental NGO, Greenpeace Africa have blocked the entrance to Eskom’s headquarters at Megawatt Park in Johannesburg.

Joseph Montisetse

Trade unions call for internal audit at Eskom

13 August 2019, 11:03 AM

The National Union of Mineworkers (NUM) is calling for an internal audit at Eskom, saying it believes corruption is continuing at the power utility’s management level.

Eskom selling large quantities of electricity to Zimbabwe

10 August 2019, 8:03 PM

Eskom has confirmed it has started to sell large quantities of electricity to Zimbabwe again, fully reinstating a power export arrangement it had curtailed after the country failed to pay its debts.

Eskom urgently needs turnaround plan: Moody’s

6 August 2019, 9:44 PM

South Africa’s state power utility Eskom urgently needs a turnaround plan as its capital structure is unsustainable, credit ratings agency Moody’s said on Tuesday in a report which sent the rand to a two-month low.

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