Eskom says it has an excess in electricity supply due to lack of demand due to the nationwide lockdown.
South Africa saw a dip in foreign direct investment in 2019 compared to the previous year, with inflows falling to 66.8 billion rand ($3.78 billion) from 72.1 billion rand, the central bank said on Tuesday.
Eskom says it has reached an out-of-court settlement with Deloitte Consulting over the irregular procurement process that saw the international consulting firm collect R207 million in fees from the cash-strapped power utility
The Eskom board has acknowledged receipt of correspondence on allegations of corruption and victimisation against its Chief Operating Officer.
Gauteng Co-operative, Governance and Traditional Affairs MEC, Lebogang Maile, says the Vaal-based Emfuleni Local Municipality has agreed to pay Eskom R50 million by the end of business on Tuesday.