Cape Town – The DA on Monday said its private member’s bill aimed at dismantling Eskom’s monopoly would be an interesting test to see whether the ANC was serious about viable solutions to bring South Africa out of its economic crisis.
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DA says:- Eskom is a ‘zombie’ state-owned entity
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Goodnews, but will it be executed, Mboweni says Eskom needs to shed 30 000 jobs
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“It does not make sense that R8 out of R10 goes to salaries and unions still demand service. Where will the money come from?” – Finance Minister Tito Mboweni…….
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This is outrageous, Eskom says it is entitled to an electricity tariff increase of 90%
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Eskom maintains that it is entitled to a 90% increase, but, in order to spare the average South African consumer, it will settle for less.
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Black residents benefiting from illegal power connections burn down substation – Paying residents are now paying the price for lawlessness in the country
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Residents who benefit from illegal power connections vent their anger by burning down a substation of CityPower in Allandale on the East Rand. Power was not restored by Wednesday evening and paying residents are now paying the price for lawlessness in the country. It is not the first time that the black residents are vandalizing..
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Renewable Energy:- South Africa gets two new wind farms in the Western Cape
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The wind farms will feature 70 turbines with a hub height of 82 meters. South Africa is due to boost its renewable energy regiment thanks to two new wind farms set for construction in the Western Cape.
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Over indebt consumers will now have to fork out even more for electricity – Cash strapped Eskom applies for 15% tariff increase
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Eskom has asked the National Energy Regulator of SA (Nersa) for a 15% tariff increase for the next three years, beginning 2019-2020, the utility announced on Friday. While Nersa, which will hold public hearings and evaluate the application, seldom grants Eskom its full request, Eskom’s application indicates that double-digit electricity increases will very likely continue..
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Eskom nearing collapse, senior officials jump ship
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Eskom, South Africa’s national power utility, may be unable to avoid a complete restructuring process in order to avert total collapse. This has been confirmed by the National Energy Regulator of South Africa (NERSA), high-level executives within the company and energy experts. According to a report by Moneyweb, Eskom only narrowly avoided load-shedding this week,..
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More reason to bring out the candles – Eskom needs more money and was granted permission to increase electricity tariffs
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The National Energy Regulator of South Africa (Nersa) has approved electricity tariff increases as requested by the embattled utility supplier, Eskom. This is another blow for the majority of South Africans who are already struggling to make ends meet. The approval of this electricity tariff increase, which is aimed at rescuing Eskom from the doldrums..
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Dark times ahead in SA – 10 of Eskom’s 15 power stations has less less than three weeks’ coal left
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Ten of Eskom’s 15 power stations have less than three weeks of (black) coal stock left. According to spokesman Khulu Phasiwe, stock is low due to the fact that supply can not be replaced quickly enough. Accusations are now being placed on Tegeta Exploration who can not fulfil their contractual obligations because they are placed..
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Soweto residents refuses to pay for electricity and owe Eskom R15bn in unpaid bills
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Soweto residents owe Eskom R15-billion in unpaid electricity bills – the same amount that close to 60 municipalities combined also owed the utility. Eskom said most Soweto households don’t pay for electricity and were resisting the installation of prepaid meters, leaving it with a headache. Eskom spokesman Khulu Phasiwe said: “The solution for Soweto needs..
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Eskom is planning to recover losses from corruption and loopholes by increasing your tariffs to recover over R66bn but still you will face loadshedding since there are no coal reserves
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Eskom is planning to recover losses from corruption and loopholes in the MYPD rules by increasing your tariffs to recover over R66bn before the end of 2018. Nersa invited the public to comment on Eskom’s request to increase tariffs to recover R66bn lost between 2014 and 2017 – the years included in the Public Protector’s..
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Get the candles ready and brace yourself for another round of load shedding since Eskom’s power stations only have a ten-day coal reserve left
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More than 25% of Eskom’s power stations only have coal for ten more days. The “big” plan to drive coal from Medupi to Ellisras to the Eastern Transvaal power stations apparently did not happen. With the coming rainy season it will be even harder to transport coal, and wet coal is often given as a..
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Businesses won’t pay the municipalities … but ESKOM directly
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While 96 municipalities across the country are scrambling to negotiate payment agreements with Eskom for overdue bills that amount to R27.8-billion, local businesses are fighting to pay Eskom directly, bypassing the municipalities, in a bid to keep the local economies going.
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Plundered SA Now Too Poor to Afford New Nuclear Power Plants from Russia! Project put on hold
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After years of plundering of the state coffers (taxpayers), corruption, incompetence, affirmative action etc, etc, South Africa now has no money left for the crucial nuclear energy project.
South Africa is interested in realizing a large-scale nuclear project with Russia. However, the country does not have the funds to do so.
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How is this even possible:- Eskom posts R2.3bn loss, R19bn in irregular expenditure
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Eskom suffered a net loss of R2.3-billion in 2018, the state-owned power producer revealed at it financial results presentation on Monday.
The power utility said its net cash from operations declined from R45.8-billion to R37.6-billion, as it struggled with leadership and operational challenges.
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