As temperatures plummeted across the county this week, fuel prices hit record highs of R16.02 for a litre of 95-octane petrol in Gauteng.
Taxi fares and the cost of basic foodstuffs are also expected to rise as a result. But beyond appealing to manufacturers and service providers to hold off on increases, there is no immediate plan for the government to help hard-hit consumers.
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Stranger things have happened, we guess, but national power utility, Eskom, winning the Most Attractive Employer Award is surely up there with the absurd. Let’s take a look at the accolades they picked up at the ceremony, hosted by Universum Global, in Johannesburg on Monday. The power utility picked up the gold in the category..
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There’s no doubt any more that the ruling ANC has embarked on a policy path of radical populism in order to stay in power in the next and possibly several more national elections. It has stolen most of the radical ideas from the Economic Freedom Fighters (EFF) leaving its leader Julius Malema with only pure..
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Despite being in charge and control of everything from Taxes, Budget, Finance, Police, Army, Hospitals, Roads, Municipalities, Councils, Parliament, Judiciary, Customs, etc. etc. the black majority government in South has been unable to do anything more than consume the wealth that whites created prior to 1994.
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The top 10 defaulting municipalities owe Eskom R9.73-billion, and a parliamentary committee has resolved to meet with them to find out why they are not paying their debts………
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While the Hawks hunt for Optimum coal mine owner Ajay Gupta, Eskom is looking for a way to keep the mine’s doors open as coal stocks fall.
If it doesn’t, Eskom could be lights out by Friday, according to an energy analyst.
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With winter fast approaching and electricity demand expected to peak‚ the Gupta coal deals have come back to haunt Eskom once again‚ says energy activist Ted Blom.
Blom warns that Eskom has less than ten days to implement drastic corrective measures or South Africa will face another blackout‚ which SA struggled with in 2008.
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The objections to Eskom’s efforts to claw back almost R67-billion in revenue began in earnest this week as the first round of public hearings into the matter got underway.
But this is not the end of attempts by the power utility to recover money it believes it is owed.
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The North Gauteng High Court on Tuesday dismissed an application by former Eskom CEO Brian Molefe for leave to appeal a ruling that he pay back the part of his pension payout he already received.
Judge Elias Matojane said based on the submission presented to the court “we are of the view that there is no prospect that another court would come to a different conclusion… therefore the leave to appeal is refused.”
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The national energy regulator, Nersa’s public sessions on Eskom’s proposed tariff increase, are currently underway.
Eskom asks for an excessive increase of thirty percent to recover a R66 billion shortfall. Despite the shortages, Eskom continues to give excessive bonuses to its senior staff.
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The power utility had requested a 30% hike as part of its plan to recover tens of billions of rands lost to coal procurement, as well as the lower than expected electricity sales between 2014 and 2017, which some have labelled as the “Gupta years”.
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Environmental groups are fuming after Eskom applied for another postponement to regulations that would reduce pollution from one of their power plants.
The Highveld Environmental Justice Network and the Life After Coal Campaign‚ which includes the Centre for Environmental Rights (CER)‚ Earthlife Africa Johannesburg and groundWork‚ objected to Eskom applying for a postponement for their Tutuka power station – near Standerton in Mpumalanga – to comply with the minimum emission standards (MES).
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The National Union of Metalworkers of South Africa (Numsa), together with Transform RSA, have obtained an urgent court interdict at the North Gauteng High Court to prevent Eskom from concluding the outstanding renewable energy Independent Power Producer (IPP) products, including the power purchase agreements.
Numsa and Transform RSA launched a late night high court bid yesterday to urgently interdict Eskom from signing the 27 (IPP) contracts on Tuesday.
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Cape Town – The Public Protector has found that Public Enterprises Minister Lynne Brown misled the National Assembly when she denied there were engagements between power utility Eskom and the Gupta-linked company Trillian Capital Partners.
This is according to a report issued by the Public Protector Busisiwe Mkhwebane to the DA on Thursday.
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