According to a report by the Gauteng Department of Cooperative Governance and Traditional Affairs (CoGTA) submitted to the Gauteng legislature’s CoGTA committee, Soweto owes Eskom more than R17 billion, which is half of the country’s debt to Eskom. The information came to light last month when a FF Plus spokesperson, Amanda de Lange, announced it..
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Soweto owes Eskom more than R17 billion, still receives free power – culture of non-payment has now become a legacy of the ANC struggle
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Eskom problems not solved yet – Possibility of load shedding exists in the coming months
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The DA said in a statement on Thursday that it had reliably heard that Eskom had issued a warning to municipalities about the “strong possibility of load shedding in September and October” this year. Natasha Mazzone, DA’s shadow minister of public affairs, said in the statement that the opposition party has now written to Eskom..
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Bankrupt Eskom pleads for another government bailout as debt climbs beyond R450bn
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The power utility’s debt is reaching levels beyond R450 billion and Mabuza was in Parliament on Tuesday asking government for more money. Eskom CEO and board chairperson Jabu Mabuza said the power utility’s debt levels have reached the ceiling. Eskom’s debt is reaching levels beyond R450 billion and Mabuza was in Parliament on Tuesday asking..
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Shale Gas energy can help Eskom to contribute to greener economy, it is a pity that there is no money for this initiative and underground water can be destroyed
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Experts believe the solutions to all of Eskom’s problems lie in converting to gas to eliminate coal pollution. The investigation shows that gas will eventually be cheaper than coal, while the gas plant will cause about 80% less air pollution. However, the conversion will be accompanied by high expenses, and the power supplier does not..
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Medupi and Kusile power stations are still “off the grid” due to poor construction work, corruption and cost overruns
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More than 600 senior officials from Eskom and some executives were informed of the entity’s “turnaround” plan. According to documentation, Eskom is sitting without cash and has almost completely collapsed on several occasions. R130bn has been loaned to the power provider and the state is expected to help as government announces increased tariffs. Eskom unbundling..
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Cash-strapped, Eskom’s top managers who earn R1,5 to R3m a year, demand pay hike since no salary increase was given
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Eskom’s senior managers – who earn R1.5m to R3m a year – are taking the power utility to the Commission for Conciliation, Mediation and Arbitration (CCMA) because they have not been given a salary increase in the past year. Rapport newspaper said on Sunday that between 180 and 200 senior managers wanted a retroactive increase..
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Eskom is SA’s downfall with net loss of R20.7 billion and a deficit of R59 billion
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The latest Eskom financial report just released shows once again that the entity is causing the country’s financial collapse. The shock announcement that the power supplier is showing a net loss of R20.7bn for the financial year confirms that Eskom is holding the ANC regime hostage. If the ANC regime wants to see the country..
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#Blackprivilege: Soweto residents want to pay a flat rate of R100 per month for unlimited electricity – We all do!!
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While Eskom is drowning in debt and struggling to make ends meet, Soweto residents say they want their debt written off and to only pay R100 per month for unlimited electricity. Eskom currently supplies 135,000 Soweto residents with power, but only 12% of these customers pay for electricity. This non-payment has seen Soweto’s debt to..
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Government employees face 10% salary cut to fund crippling Eskom since National Treasury’s box is empty
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National Treasury director-general Dondo Mogajane has said that the best way to fund the bailout of failing state-owned enterprises could be to cut the salaries of all government employees by 10%, according to a report in the City Press. The government has to find a way to close a R120-billion hole in its budget, which..
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Parasitic Parastatal Eskom, is holding the ANC hostage. Demands funds or else the whole of SA will suffer without power
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If there is no funding, there will be no change, and the ANC regime will be guilty party because he made the appointments in the power utility’s senior posts. This is the opinion of a political analyst after Finance Minister Tito Mboweni announced that Eskom needed R59bn to remain operational. The minister announced in Parliament..
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Controversial ex-Eskom acting CEO awarded licence to produce solar energy in Zimbabwe – Matshela Energy will build a solar plant which is expected to produce 100MW of electricity
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A company owned by former Eskom acting CEO Matshela Koko, has been granted a licence to produce solar energy in Zimbabwe’s Matebeland South Province. Matshela Energy will build a solar plant which is expected to produce 100MW of electricity, in a bid to ease Zimbabwe’s electricity supply crisis which has led to outages lasting up..
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Soweto’s huge debt burden amounts to more than R17 billion, where illegal power connections are more the rule than the exception in residential areas
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Soweto has been identified as the great sinner when it comes to outstanding debt to Eskom. The latest figures show that Soweto’s debt to the power provider is over R17bn. Last week, technicians threatened that they would no longer perform repairs in neighborhoods where their security is threatened, areas effected including Soweto. Herman Mashaba, the..
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ANC regime is debating over power supply – will it be the coal with its pollution, or nuclear power with its hazardous waste?
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The so-called Integral Resources Plan of the ANC Government’s broader details in all its various forms must apparently be finalized to be submitted to Cabinet in September this year. That debate that is currently underway is about what course to take – will it be the coal with its pollution, or nuclear power with its..
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Just a pity the ANC regime decided that Eskom must come to aid of those who cannot pay! – Bankrupt Eskom now wants to stop power supply to areas that sabotage power-lines
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Eskom said in a statement that it had decided not to provide the power to areas that have repeatedly interrupted due to line sabotage connections and meters that are bypassed with other connections. Line connections cause power outages when illegal power drains are done, and Eskom workers are often chased out when repairs are needed…
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#Blackprivilege: ANC wants Eskom to come to the aid of residents who, for long periods, have been struggling without electricity, because they refused to buy it. This is discrimination and totally unfair!
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The ANC Caucus in Johannesburg has called on Eskom to lace up its bootstraps and reconnect the power supply to communities like Soweto, Ivory Park and Diepsloot. The call from the party came in the form of a march to the power utility’s headquarters at Megawatt Park in Sandton. The ANC Caucus handed over a..
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