Ratings agency Fitch has downgraded Eskom but given a stable outlook. The power utility announced that Fitch has downgraded Eskom’s Long-term local currency Issuer Default Rating (IDR) to ‘BBB-’ from ‘BBB’. Fitch Ratings has also affirmed Eskom’s...
The decentralisation of power generation and distribution, and hybrid models that put some power sector control into the hands of private entities could be long-term power solutions for Africa. These power solutions were proposed at the annual...
Eskom and the CSIR have established a security sub-committee to identify and deal with security risks that are having a significant financial impact on Eskom’s business. The two organisations recently signed a strategic partnership agreement and...
The independent Avon Peaking Power gas turbine open cycle power plant near Durban is officially online, its developers announced at the recent POWER-GEN & DistribuTECH Africa conference and exhibition at the Sandton Convention Centre....
Eskom has come under criticism after its board took the decision not to sign any further Independent Power Producer (IPP) agreements after the current round is finalised. Eskom says there is no need for new IPPs because the power grid is now...
Eskom has signed phase 2 of the Eskom Power Plant Engineering Institute (EPPEI) funding agreement, in collaboration with several universities. Speaking at the signing, Minister of Public Enterprises Lynne Brown said the EPPEI project will provide a...
Eskom will sign phase 2 of Eskom Power Plant Engineering Institute (EPPEI) funding agreement, in collaboration with the Universities of Cape Town, Witwatersrand, North-West, Pretoria, KwaZulu-Natal and Stellenbosch, in partnership with a further...
Eskom has received a $1.34 billion boost for its capital expenditure program from the African Development Bank (AfDB). The pair recently signed loan facilities that will secure approximately R19 billion for the power utility in the largest...
A task team comprising Sandton Central Management District, Eskom, Johannesburg Roads Agency (JRA), Johannesburg Metropolitan Police Department (JMPD) and Traffic Freeflow is putting its drive behind improving traffic signals and traffic flow in...
