News Relating to ESKOM

 
 
 

Investors want to be sure lights will stay on in SA - economist

2019-05-18 15:47

Market participants are acutely aware of the apparent fissures within the ANC, which may disrupt attempts at reform, says an economist at Sanlam Investments. Read More »

Investors want to be sure lights will stay on in SA - economist

2019-05-18 15:46

Market participants are acutely aware of the apparent fissures within the ANC, which may disrupt attempts at reform, says an economist at Sanlam Investments. Read More »

 

We need to get our 'house in order' to fix our 'brokenness' – Eskom exec in leaked memo

2019-05-17 10:24

In a leaked memo Eskom Chief Operating Officer Jan Oberholzer appeals to staff to be accountable for the work they do at the power utility to help fix its 'brokenness'. Read More »

We need to get our 'house in order' to fix our 'brokenness' – Eskom exec in leaked memo

2019-05-17 10:22

In a leaked memo Eskom Chief Operating Officer Jan Oberholzer appeals to staff to be accountable for the work they do at the power utility to help fix its 'brokenness'. Read More »

 

Eskom's turnaround imperilled as debt approaches R500 billion

2019-05-17 08:07

The embattled state power utility’s debt burden, described by Goldman Sachs as the biggest threat to the South African economy, has burgeoned, compounding the difficulty the government faces in formulating a turnaround plan. Read More »

Ramaphosa's 3 key post-election investor issues

2019-05-16 16:08

With the election process completed, investors' focus will now shift to President Cyril Ramaphosa's ability and political will in addressing issues of concern, says the chief economist at Citadel. Read More »

 

Ramaphosa's 3 key post-election investor issues

2019-05-16 16:06

With the election process completed, investors' focus will now shift to President Cyril Ramaphosa's ability and political will in addressing issues of concern, says the chief economist at Citadel. Read More »

Eskom's turnaround imperilled as debt approaches R500 billion

2019-05-16 12:56

The embattled state power utility’s debt burden, described by Goldman Sachs as the biggest threat to the South African economy, has burgeoned, compounding the difficulty the government faces in formulating a turnaround plan. Read More »

 

Eskom's turnaround imperilled as debt approaches R500 billion

2019-05-16 12:56

The embattled state power utility’s debt burden, described by Goldman Sachs as the biggest threat to the South African economy, has burgeoned, compounding the difficulty the government faces in formulating a turnaround plan. Read More »

How Zim is implementing load shedding as power cuts continue

2019-05-16 07:51

Zimbabwe has instituted rotational power cuts, following low water levels at Kariba Dam, generation constraints at Hwange Power Station and limited imports from neighbouring countries.  Read More »

 

Energy regulator says Mashaba statement on tariffs 'misleading'

2019-05-15 17:24

Nersa has criticised Johannesburg Mayor Herman Mashaba for what it said was a "misleading and mischievous" statement about tariff hikes. Read More »

 

Energy regulator says Mashaba statement on tariffs 'misleading'

2019-05-15 17:15

Nersa has criticised Johannesburg Mayor Herman Mashaba for what it said was a "misleading and mischievous" statement about tariff hikes. Read More »

How Zim is implementing load shedding as power cuts continue

2019-05-15 05:31

Zimbabwe has instituted rotational power cuts, following low water levels at Kariba Dam, generation constraints at Hwange Power Station and limited imports from neighbouring countries.  Read More »

 

How Zim is implementing load shedding as power cuts continue

2019-05-15 05:30

Zimbabwe has instituted rotational power cuts, following low water levels at Kariba Dam, generation constraints at Hwange Power Station and limited imports from neighbouring countries.  Read More »

 
 
 

Ramaphosa win, Eskom reform may boost banks

2019-05-10 17:37

President Cyril Ramaphosa’s re-election will strengthen investor confidence in South Africa, according to Bloomberg Intelligence analysts Philip Richards and Edmond Christou. Read More »

 

Ramaphosa win, Eskom reform may boost banks

2019-05-10 17:37

President Cyril Ramaphosa’s re-election will strengthen investor confidence in South Africa, according to Bloomberg Intelligence analysts Philip Richards and Edmond Christou. Read More »

The gains and woes: Here's a look at what's happened to SA's economy since '94

2019-05-08 12:59

Gross domestic product almost doubled, along with the nation’s debt load. While the country has come a long way in extending equal rights to people after half a century of segregation under apartheid rule, about a quarter of the labour force doesn’t have a job.  Read More »

 

The gains and woes: Here's a look at what's happened to SA's economy since '94

2019-05-08 12:58

Gross domestic product almost doubled, along with the nation’s debt load. While the country has come a long way in extending equal rights to people after half a century of segregation under apartheid rule, about a quarter of the labour force doesn’t have a job.  Read More »

Load shedding: Over 400 organisations, small businesses join class action against Eskom

2019-05-06 20:10

Despite a previous statement by Eskom that a class action against it over load shedding has little basis, the law firm arranging the suit believes that there is a viable case and has been approached by over 400 organisations who want to make a claim against the power utility. Read More »

 

Load shedding: Over 400 organisations, small businesses join class action against Eskom

2019-05-06 20:10

Despite a previous statement by Eskom that a class action against it over load shedding has little basis, the law firm arranging the suit believes that there is a viable case and has been approached by over 400 organisations who want to make a claim against the power utility. Read More »

Government taken to court after doubling coal-emission limits

2019-05-06 18:40

South Africa’s government is facing a legal challenge over its decision last year to double the amount of sulfur dioxide that coal-fired power plants and refineries can emit. Read More »

 

Government taken to court after doubling coal-emission limits

2019-05-06 18:40

South Africa’s government is facing a legal challenge over its decision last year to double the amount of sulfur dioxide that coal-fired power plants and refineries can emit. Read More »

ANC wants banks to be forced to fund SA coal mines

2019-05-06 09:57

South Africa’s banks should be forced to invest in new coal mines in the country, the ANC’s head of economic transformation has said. Read More »

 

ANC wants banks to be forced to fund SA coal mines

2019-05-06 09:57

South Africa’s banks should be forced to invest in new coal mines in the country, the ANC’s head of economic transformation has said. Read More »

Eskom’s China loan facility not in jeopardy – Public Enterprises

2019-05-03 09:19

The Department of Public Enterprises says that power utility Eskom’s multi-billion rand loan facility with the China Development Bank is not in jeopardy, despite concerns sparked by a delay in the release of a R7bn tranche of funds last month. Read More »

 

Eskom’s China loan facility not in jeopardy – Public Enterprises

2019-05-03 09:19

The Department of Public Enterprises says that power utility Eskom’s multi-billion rand loan facility with the China Development Bank is not in jeopardy, despite concerns sparked by a delay in the release of a R7bn tranche of funds last month. Read More »

Retailers seek post-election boost as belts tighten

2019-05-03 07:55

Like most South Africans, the construction foreman is feeling the effects of rising taxes, fuel costs and other bills alongside sluggish economic growth that’s put a dent in consumer confidence. Read More »

 

Retailers seek post-election boost as belts tighten

2019-05-03 07:54

Like most South Africans, the construction foreman is feeling the effects of rising taxes, fuel costs and other bills alongside sluggish economic growth that’s put a dent in consumer confidence. Read More »

Retrenched mine employees get 50% stake in Arnot on Workers' Day

2019-05-01 12:46

Mineral Resources Minister Gwede Mantashe has handed over a 50% shareholding in Arnot mine to retrenched employees, some three years after the mine was closed following Tegeta's successful bid to supply Eskom with coal.  Read More »

 

Retrenched mine employees get 50% stake in Arnot on Workers' Day

2019-05-01 12:45

Mineral Resources Minister Gwede Mantashe has handed over a 50% shareholding in Arnot mine to retrenched employees, some three years after the mine was closed following Tegeta's successful bid to supply Eskom with coal.  Read More »

Eskom reduced unplanned plant failure by more than half over Easter, says COO

2019-04-29 18:05

Eskom teams have been working overtime to reduce the risk of load shedding, conducting daily planned maintenance in excess of 7 000 MW over the Easter weekend, along with improvements at a number of stations, says COO Jan Oberholzer. Read More »

 

Eskom reduced unplanned plant failure by more than half over Easter, says COO

2019-04-29 18:04

Eskom teams have been working overtime to reduce the risk of load shedding, conducting daily planned maintenance in excess of 7 000 MW over the Easter weekend, along with improvements at a number of stations, says COO Jan Oberholzer. Read More »

Low risk of load shedding on Election Day, says Eskom

2019-04-29 16:54

Eskom’s spokesperson on matters related to station capacity and load shedding, Andrew Etzinger, has told Fin24 the power utility remains vigilant for risks to grid stability.  Read More »

 

Low risk of load shedding on Election Day, says Eskom

2019-04-29 16:53

Eskom’s spokesperson on matters related to station capacity and load shedding, Andrew Etzinger, has told Fin24 the power utility remains vigilant for risks to grid stability.  Read More »

Investors could coin it selling renewable power to Eskom - Fedgroup boss

2019-04-26 13:04

While electricity intensive industries and businesses are in for some tough days ahead in South Africa, investors could take advantage of their existing renewable energy infrastructure to sell power to Eskom, Fedgroup CEO Grant Field has said. Read More »

 

Investors could coin it selling renewable power to Eskom - Fedgroup boss

2019-04-26 13:04

While electricity intensive industries and businesses are in for some tough days ahead in South Africa, investors could take advantage of their existing renewable energy infrastructure to sell power to Eskom, Fedgroup CEO Grant Field has said. Read More »

Cosatu wants facts before talks on Eskom job cuts

2019-04-26 07:56

South Africa’s largest labour federation is prepared to discuss reducing workers at the nation’s power utility if it’s given proof of over-staffing and that job cuts would save Eskom. Read More »

 
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