Eskom is investigating a fire that broke out at its Kusile Power Station in Mpumalanga on Friday. According to Eskom the fire started at the Unit 3 fabric filter plant between 5:30pm and 6:30pm but was extinguished immediately. The power utility...
Chinese funding of energy and infrastructure projects in Africa has almost trebled between 2016 and 2017 from US$3 billion to US$8.8 billion. This is according to new research by from global law firm Baker McKenzie and IJGlobal. According to the...
Eskom has confirmed that Stage 1 rotational loadshedding will take place on Tuesday evening from 5pm to 9pm. This comes as a result of industrial action which continues to impact operations at the utility’s sites.  Eskom says it has sought the...
Eskom has decided to scrap its plans to construct a 100MW concentrating solar power (CSP) plant near Upington in the Northern Cape because of its costs. The decision, which has the blessing of the project’s financiers, comes after prolonged...
Eskom this week signed a US$2.5 billion loan agreement with the China Development Bank. The funds will be funnelled into the utility’s build programme with a specific focus on the Kusile Power Station. According to the utility the investment is...
Eskom says irregular expenditure could increase again in the 2019 financial year as a result of transgressions of the past. On Monday the power utility reported that has uncovered nearly R20 billion in irregular expenditure dating as far back as...
China has committed to invest $14.7 billion in South African as the two countries seek to deepen trade and bilateral relations. According to President Cyril Ramaphosa Chinese president Xi Jinping indicated that China is ready to invest and work...
Eskom board chairperson Jabu Mabuza has revealed that the utility has recorded an irregular expenditure of over R19 billion. The power utility released its preliminary 2017/18 financial results on Monday morning. Among the shocking facts revealed...
Eskom on Monday announced that it would be cutting electricity supply to three Free State municipalities after they failed to honour their repayment agreements. The utility said supply interruptions to the three defaulting municipalities were...
