The bankrupt power provider of South Africa, who has already stolen billions of rand from the taxpayers’ pockets, once again got its way. The poor administrators of our beloved SA have succumbed and allowed heavy increases to hit consumers in the next three years. The ANC government, under the leadership of the Energy Regulator of..
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Eskom’s request to increase electricity granted after poor administrators of SA-regime succumb to unrealistically high demands – annual revenue of the state entity will now increase by R784bn
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Natasha Mazzone (DA) fears Eskom could plunge SA into a “Chinese debt trap”, China is already taking countries for bad debts
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The revelations about Eskom are pouring in from the state capture inquiry. Natasha Mazzone believes their secret deals with China are “risky business”. We’ve experienced a shuddering last few days at the state capture inquiry. Former Eskom executives who were present when the rot of corruption set in have lifted the lid on some pretty..
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Gordhan hires “specialists” to investigate unplanned rolling blackouts at Eskom’s, however the problems are largely due to inexperienced staff not having the ability to do the work according to requirements
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Gordhan hires 11 “specialists” to tend to Eskom’s problem, however the unplanned rolling blackouts is largely due to inexperienced staff in-service, and lacking the ability to do the work according to requirements. Minister Pravin Gordhan has appointed eleven industry specialists as the “Eskom Technical Review Team”. The coordinator is Dr Tsakani Mthombeni, chair of the..
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Thank Eskom and the Guptas for Being in the Dark – Eskom Staff Were Pushed to Sign R4.3bn Tegeta Contract, #StateCaptureInquiry Hears
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Evidence leader at the Zondo inquiry, Advocate Kate Hofmeyr, on Tuesday, 26 February 2019, gave an overview of the evidence of corruption in Eskom’s coal supply contract with Gupta family businesses that were going to be presented by a new witness. Daniel Mashigo, acting senior general manager for primary energy division at Eskom, took the stand on Tuesday..
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Rolling Blackouts on the cards as AMCU threaten secondary strike , AMCU represents about half of coal mine workers in SA
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The tussle between Sibanye-Stillwater and the Association of Mineworkers and Construction Union (AMCU) has reached new heights. The trade union, whose membership also includes coal mine workers, has teased a secondary strike and this could affect load shedding too. Why is AMCU set to embark on a secondary strike? AMCU president, Joseph Mathunjwa, made it..
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SA’s largest township owes Eskom R17 billion – Soweto residents respond: Hell no, we won’t pay for electricity!
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City Press visits Soweto and asks residents why they don’t pay for their electricity and how they could help Eskom to recoup the R17 billion owed by the people who live in SA’s largest township. On Wednesday morning, as load shedding hit the township of 1.3 million residents, small businesses were losing money, and children..
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BE WARNED SOUTH-AFRICANS!! After the load-shedding come water shortages – Still people will be voting for the ANC this coming election
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It’s not just load-shedding you have to worry about, the city of Johannesburg has warned. You could also be in for water cuts. The metro warned that water shortages could follow load-shedding. “As we continue to experience load-shedding across the country, Johannesburg Water is working alongside City Power to ensure that residents do not have..
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ANC regime announces that experts from Italy have been called in to restore poor service to Eskom, while South Africa is swarming with extremely capable whites who can do the job
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Minister Pravin Gordhan’s nine-point plan to get the bankrupt Eskom back on track are welcomed by industrialists and businessmen who are currently deeply concerned about the extremely poor functioning of this state entity. An expert dealing with the dilapidated Eskom says the minister’s plans can contribute to possible recovery of Eskom. He says although it..
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Soweto owes ESKOM R 17 billion, half of the total national debt – Just cut their bloody electricity to this township!
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ESKOM is desperately trying to recoup money owed by municipalities – Soweto, in particular, is making that task all the more difficult. ESKOM, South Africa’s national electricity provider, had an exceptionally shocking year in 2018. Financial losses reached dismal new depths. Irregularities, both fiscally and operationally, left the state owned enterprise floundering in the doldrums..
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What did South-Africans used before candles? Electricity! – Eskom is apparently technically bankrupt and its R420bn debt currently accounts for 15% of the country’s debt – will no longer exist at the current projection by April 2019
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The Portfolio Committee of Public Enterprises heard at the hearing of the Department of Public Entities that Eskom was “technically bankrupt”. Eskom will no longer exist at the current projection by April 2019. The power supply’s R420bn debt burden currently accounts for 15% of the country’s debt and its revenue has increased fourfold since 2007..
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Eskom’s prior request for tariff hike slammed: Eskom’s stage 4 load shedding is a direct attempt to sabotage, and blackmail SA – Ordinary citizens are becoming the scapegoat to foot the bill of its complete and utter failures and lack of planning
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The South African Communist Party says Eskom’s management is rolling out massive blackouts in an attempt to blackmail South Africans to accept privatisation of the power utility. Eskom resumed with loadshedding for the first time this year on Sunday. Power cuts continued yesterday and Tuesday after a failure of generating units. “The management of Eskom,..
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Soweto owes Eskom R17 billion, half of the total national debt – Still the lights or on! But if citizens residing in towns do not pay their municipality bill the electricity gets disconnected without hesitation
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How is Eskom going to increase its financial yield while still struggling to retrieve the R34 billion it is currently owed by defaulting municipalities? Eskom is desperately trying to recoup money owed by municipalities – Soweto, in particular, is making that task all the more difficult. Eskom, South Africa’s national electricity provider, had an exceptionally..
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To start the new year ESKOM appointed new senior management staff, but is the load-shedding holiday over?
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Eskom intensified its plant maintenance and fast-tracked the recovery of stock levels from December 13 to January 13, when there was a low demand for electricity.
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Price shock beckons if Nersa authorize Eskom’s request- National power provider demands 45% increase in tariffs – Now taxpayers have to pay for state institution’s incompetence
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National power provider, Eskom’s application to Nersa will be heard in Cape Town next week. Nersa has already approved a 4.41% increase, but now Eskom is demanding 15% annually over the next three years, which is three times the official inflation figure. Energy expert Ted Blom says the application should be scrapped until the forensic..
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Uncovering the Truth – why Eskom is employing loadshedding and neither Jan van Riebeeck nor Apartheid can be blamed for the failed state entity
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An anonymous engineer at Eskom revealed on social media the problems and forecasting of the failed state entity. 50% of coal power stations are out of order and will only be operational again in three years time. Four of the six turbines at one power station have “broke down” due to poor grade coal (supplied..
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