Eskom | Infrastructure news - Part 16

Eskom

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Cabinet approves new board for Eskom

Eskom’s current interim Chairperson, Zethembe Khoza, will remain at the helm of the power utility’s newly appointed board which was approved by Cabinet on Friday 08 December 2017. The board will serve for a three-year term subject to an annual...
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Eskom nabs five suspects for cable theft

Five suspects have been arrested in the North-West province for damaging Eskom’s essential infrastructure, valued at approximately R1 million, while attempting to steal cables. Two of the suspects were caught in the act by Eskom’s investigation...
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Unpaid debt leaves Emalahleni residents in the dark

Residents of Emalahleni Local Municipality are facing a dark festive season after the municipality failed to reach a repayment agreement with Eskom over an outstanding debt.   The decision comes after the power utility spent months grappling with...

Joburg water shortages affect Eskom operations

Eskom has asked its employees and visitors to avoid coming to its Megawatt Park head offices on Thursday as a result of the mega water shortages, which have affected much of the northern suburbs of Johannesburg. The water shortages were caused by...
The logo of consulting firm McKinsey + Company is seen at an office building in Zurich, Switzerland September 22, 2016. REUTERS/Arnd Wiegmann

McKinsey to repay Eskom’s R1bn

Global consultancy firm McKinsey is ready to return the R1 billion it earned from a flawed deal with Eskom because it does not want tainted money. This is according to Senior McKinsey executive David Fine who testified before parliament’s inquiry...
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Eskom acknowledges liquidity challenges

Despite current funding challenges Eskom is confident that it will be able to fulfil its commitments. In a statement released on Monday the country’s sole power utility acknowledged media reports relating to its liquidity challenges and financial...