Three municipalities that were scheduled to have its power cut today have narrowly escaped darkness, however Eskom has made it clear that it will go ahead with the interruption of electricity supply to municipalities that still have outstanding...
Eskom does not have an obligation to supply electricity to ratepayers and this has had civil rights organisations up in arms. Eskom announced that it was going to cut off power to seven municipalities if they are unable to repay their outstanding...
Opinion piece by Bruce Raw, Energy Programme Manager at GreenCape The process of grid liberalisation is already underway in South Africa, but rather than being seen as threat, it presents opportunities for all players in the energy market,...
Eskom is another of South Africa’s state-owned enterprises that had its outlook dropped from stable to negative last week. International ratings agency Fitch affirmed Eskom’s triple-B credit rating despite the negative outlook. This was similar to...
The burning question at the centre of South Africa’s new nuclear expansion programme remains whether the country will be able to afford it. While President Jacob Zuma has said that the country would undertake the project provided the country could...
Exxaro, Eskom’s biggest coal supplier, might have put a spanner in the works that could affect its coal supply deal with the power utility. Last month Exxaro’s 10-year lock-up period ended. The company announced the unwinding of its black...
Eskom was dealt another blow this week after global ratings agency Standard & Poor’s (S&P) downgraded the power utility’s credit rating from BB+ to BB. S&P said Eskom faced increased financial pressure as it was on an “uncertain tariff...
The Economic Freedom Fighters (EFF) described the resignation of Brian Molefe as Eskom chief executive as a step towards cleansing the state-owned power utility, calling him a “Gupta appointee” for good measure, Africa News Agency reported. The...
Eskom’s chief executive Brian Molefe resigned on Friday afternoon. Molefe will leave the power utility at the end of December 2016 and said he has decided to do so in the interests of the utility and the public. Many believe this was only a matter...
