Eskom on Tuesday said it had delayed the date on which its new long-term strategy would be completed, potentially unsettling investors anxious for clues as to how the struggling state firm plans to bolster its finances. The cash-strapped utility...
Eskom says the risk of load shedding is inevitable. This comes after the utility recently announced that four of its power stations have less than 10 days of coal supply left. In total 10 of the utility’s power stations are running below margin...
Eskom has reached a three-year wage agreement with its recognised trade unions, ending the impasse. The country was plunged into darkness earlier this year when workers went on strike after Eskom opened wage talks with a 0% wage hike. The wage...
Eskom says it is ready to compete and become a producer of renewable energy. Earlier this week, a draft Integrated Resource Plan was released for comment by the Department of Energy. This plan puts greater emphasis on renewable energy, while...
Eskom expects to have 7 000 less staff in five years from now, a senior manager at the utility said on Thursday. Marion Hughes, a senior manager at the utility said in a strategy presentation, that the utility, which is struggling to emerge from a...
While 2017 saw reduced capital expenditure by public sector institutions the latest report by Statistics South Africa (Stats SA) shows that significant amounts were spent on service delivery. The findings of the 2017 Capital Expenditure (Capex) by...
Eskom Group Executive for Human Resources Elsie Pule says the utility has reserved its right to discipline employees who participated in recent unlawful strike action. The utility on Wednesday declared a dispute with trade unions National Union of...
The Organisation Undoing Tax Abuse claims that the Emfuleni Municipality’s basic services fleet, including essential service vehicles, has been repossessed. According to OUTA the municipality allegedly defaulted on payments and all vehicles...
The Minister of Cooperative Governance and Traditional Affairs (COGTA), Zweli Mkhize, says plans are underway to help municipalities repay the money they owe Eskom. According to the Mkhize, as at the end of May 2018, the total overdue debt was...
