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Treasury says it is aware of Eskom risk after Fitch cuts outlook

26 July 2019, 9:28 PM

South Africa is aware of the “strain and risk” posed by failing state firms, particularly Eskom, and will do more to contain debt, National Treasury said on Friday after ratings firm Fitch downgraded its credit outlook to negative from stable.

Tito Mboweni

Mboweni announces plans to recapitalise SABC, Eskom and SAA

23 July 2019, 2:32 PM

Finance Minister Tito Mboweni has announced plans to recapitalise the SABC, Eskom, Denel and South African Airways.

Eskom Group Treasurer Andre Pillay quits

15 July 2019, 1:49 PM

Eskom’s Group Treasurer Andre Pillay has become the latest high-profile resignation from the struggling power utility.


Johannesburg Metro councillors march to Eskom headquarters

9 July 2019, 4:25 PM

Some councillors in the Johannesburg Metro are living in fear, as locals in their respective areas are frustrated about challenges of electricity supply.

Pravin Gordhan

Progress being made with Eskom unbundling: Gordhan

25 June 2019, 9:26 PM

Minister of Public Enterprises, Pravin Gordhan says progress has been made in terms of unbundling Eskom as announced by President Cyril Ramaphosa during the February State of the Nation Address (SONA).

Ramaphosa to speed up release of R230 bln for Eskom

21 June 2019, 6:23 AM

President Cyril Ramaphosa has pledged to ensure the speed up of the release of the R230 billion of support for the ailing power utility Eskom, which he says is too vital to the economy to be allowed to fail.

Parliament to table Special Appropriations Bill to save Eskom

20 June 2019, 9:03 PM

President Cyril Ramaphosa says Parliament will urgently table a Special Appropriations Bill to allocate a ‘significant portion’ of the 230-billion-rand in fiscal support that struggling power utility Eskom requires.

Eskom employee to appear in court for corruption

20 June 2019, 9:01 PM

An Eskom employee has been arrested for soliciting a 30-thousand-rand bribe in Randburg, north of Johannesburg.

National Assembly Speaker Thandi Modise.

Modise rejects DA request for Eskom debate

16 June 2019, 12:56 PM

The Speaker of the National Assembly, Thandi Modise, has declined a request by the Democratic Alliance for a debate of national importance on Eskom’s financial crisis.

Hadebe’s resignation as Eskom CEO unfortunate: Gordhan

24 May 2019, 9:53 PM

Public Enterprises Minister Pravin Gordhan says the resignation of Eskom’s Chief Executive Officer Phakamani Hadebe is an unfortunate development amidst the ongoing financial challenges at the power utility.



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