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...
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...
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...
Eskom has suspended its Chief Financial Officer Anoj Singh. The power utility made the announcement on Friday 29 October 2017. “Eskom has suspended its Chief Financial Officer, Anoj Singh pending a disciplinary hearing,” said the power utility. In...
Eskom is due to begin bulk power interruptions in the Free State, Northern Cape and Limpopo this week. The power utility is expected to start cutting the power in several municipalities in the Northern Cape, including Douglas and Griekwastad in the...
Eskom has rescheduled power cuts to three Eastern Cape municipalities who defaulted on their payments. The power utility planned to cut the power to the Raymond Mhlaba, Walter Sisulu and Inxuba Yethemba municipalities on Wednesday, 13 September...
Eskom’s board and executive management are all on the same page regarding management’s proposed turnaround plan, the utility said last week. The power utility’s board of directors acknowledged the strides made by executive management in turning the...
City Power managing director Sicelo Xulu was let go from the power utility, Johannesburg mayor Herman Mashaba said on Monday. This follows the tabling of a forensic report which revealed serious misconduct by Xulu. The report was presented to the...
Energy security remains elusive on the African continent and is one of the biggest challenges engulfing the utility sector, according to KPMG experts. The International Energy Agency (IEA) estimates that two out of three people in sub-Saharan...
