The South African government needs to “bite the bullet” and bail out struggling state-run power firm Eskom, which has asked for R100 billion in government support, the chief executive of Rothschild & Co in South Africa told Reuters.
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Former adviser has encouraged the South African government to bailout ESKOM (the-bottomless-pit) otherwise load shedding will just continue
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BEHIND THE LOAD SHEDDING – There is no shortage of coal at Eskom, load shedding crisis is deliberately created to loot the money invested by foreign governments
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There is no shortage of coal at Eskom. This load shedding crisis is deliberately created to loot the money invested by foreign governments. Look at the diesel tender advertised by Eskom over to the weekend and closed on a Monday. Again they are making way for IPPs while looting and bankrupting Eskom in order to..
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Farmers across SA are are currently experiencing huge losses due to Eskom’s unreliable service and continues load shedding
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Farmers across the country, but especially in the soft fruit industry, are at wits end. All this because of the continues load shedding that is currently employed throughout South-Africa. Vessels that deliver water at a certain time of the day for a certain time are now affected by power failures. The “cold chain”, namely cooling..
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Rolling Blackouts in South Africa Because Treasonous ANC Regime Sells Best Coal To China and Uses Proceeds Elsewhere?
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Despite, (or thanks to Billions in foreign investment in Eskom), 7.2 Million tons of SA’s best coal is destined for China from Richards Bay Harbor while South Africans suffer under rolling blackouts. 36 Chinese ships are waiting for coal to be loaded in Richards Bay Harbour. Each ship takes about 36 hours to be loaded with 200,000 tons of coal per ship average. The coal is Grade A anthracite.
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Well Eskom, this is sooo obvious:- Load shedding invites an increase in criminal activity
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Load shedding comes with its heaps of problems, let alone an inconvenience. While South African citizens and businesses grapple with the inconvenience of load shedding, the South African Police Service (SAPS) is on high alert for an underlying threat: criminals taking advantage of power outages.
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Shocking news, Eskom’s big coal whopper and they would like to point the finger to you the consumer for using too much electricity
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There is no shortage of coal, as Eskom claims. Instead, the coal is piling up at the mines, uncollected by the utility, Anna Marth Ott, CEO of Middelburg Chamber of Commerce and Industry, said yesterday.
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Kusile and Medupi power stations do not deliver planned 780MW at the moment, while loadshedding is currently being utilized all over South-Africa – Somebody is definitely making some money from Eskom while we are suffering
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A forensic investigation is under way at Kusile and Medupi power stations. The planned 780MW power output that was supposed to occur at the two stations are not happening while loadshedding is implemented throughout South-Africa. If truth to be told, it was recently discovered that contractors’ sub-standard work has submerged at these two stations. The..
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ESKOM is in a pathetic state, now Gordhan takes control of the situation at Eskom, so senior managers need to cancel their leave
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Pravin Gordhan, Minister of Public Enterprises addressed major concerns at a media briefing on Eskom today.
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Eskom keeps lying to save its but, suddenly the power utility is experiencing Breakdowns, not a coal shortage
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Rotational rolling blackouts resumed on Thursday as Eskom technicians attended to breakdowns at several of its generating units in South Africa. Stage 2 load-shedding started at 9am and was expected to last until 10pm. While consumers and business owners lamented the ongoing power cuts – and the reasons behind them – the Middelburg Chamber of..
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All Eskom wants for Christmas is a R100bn government bailout and therefore South-African citizens must suffer with continuous loadshedding
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The struggling power utility wants the state to absorb its debt in a move that would likely be good for them but bad for our credit rating. As South Africans grapple with festive-season load shedding, our embattled national power utility, Eskom, is trying to find ways to keep the lights on while operating with billions..
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Who is fooling who?: So, according to Eskom there is no coal? Is Eskom deliberately wanting to plunge the country further into darkness and chaos?
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There is no shortage of coal, as Eskom claims. Instead, the coal is piling up at the mines, uncollected by the utility, Anna Marth Ott, CEO of Middelburg Chamber of Commerce and Industry, said yesterday. Middelburg is positioned between three large Eskom power stations, and there are 170 coal mines within a 200 km radius..
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Petrol is down, but Eskom address claims that load shedding is scheduled for Christmas
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No need to stick the turkey on the braai, everyone. Eskom spokesperson Khulu Phasiwe has confirmed the lights will stay on during Christmas.
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Is this a case of ‘your sins are catching up with you’ or not – Gupta-owned mine CEO killed in alleged hit
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A manhunt has been launched to try and track down those responsible for an alleged hit on the CEO of a Gupta-owned mining company. Jagannath Arora was gunned down while driving in Midrand in northern Johannesburg on Saturday night.
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National power provider Eskom’s is under extreme high financial pressure and debt heads towards the R550 billion mark – wonder if this state entity is going to blast Millions of taxpayers money on bonuses this festive season even though they are cash strapped?
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Eskom chairman Phakamani Hadebe says the power provider is under extremely high financial pressure. According to him, Eskom’s debt will continue indefinitely for the next few years, with the possibility that it may increase from R400 billion to R550 billion. The chairman is also not afraid to admit that the dramatic rise in the foreseeable..
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Oh good, Eskom are in the news again – Eskom’s latest stage of load shedding could keep power off for 12 hours a day – Better buy some candles for Christmas
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Oh good, Eskom are in the news again… said no-one, ever. The spectre of load shedding is simply the ghost that will not stop haunting South Africa, and more blackouts have already been forecast before 2019. Eskom unveil new load shedding stage So of course, now is the most opportune time to learn that a..
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