Mining houses and corporate businesses are accusing Eskom for the high unemployment rates since their pathetic service delivery is causing uncertainty in the economy. Several institutions announcing in recent weeks that they would need to start retrenchments, unemployment has increased alarmingly rapidly and even greater retrenchments are provided. The uncertainty caused by Eskom in the..
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SA’s high unemployment rates are swept in front of Eskom’s door
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Court deals Soweto residents who wants to pay a flat tarrif of R150 a month for electricity a blow by striking case off the roll
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Soweto owes R20bn to power provider Eskom, but residents of the township only want to pay R150 a month for their power. Mpho Sesedinyane, ANC councilor and chair of the South African National Civic Organization (Sanco) in Soweto, feels that R150 is a fair amount and that, given the state of the economy, the residents..
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Eskom which is battling with R441 billion debt, won’t be privatized – ANC-regime’s plan to save the power supplier from ruin disappointing
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Public Enterprises Minister Pravin Gordhan yesterday unveiled the government’s latest blueprint to kickstart Eskom, which proposes major shifts in the ailing entity’s business model. Politicians, as well as political analysts and financial experts are disappointed in the plan, whose content can be vague and probably poorly implemented, as announced by the minister. Not only did..
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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 ruins cash-strapped SA – Phase 2 #rollingblackouts implemented – National power provider controlled by ANC- regime has once again been unable to generate enough electricity to supply in demand
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With the latest announcement that Eskom is again unable to generate sufficient electricity to meet demand, the consumers’ patience is once again being tested out. Eskom says phase 2 load shedding will be implemented today from 08:00 to 23:00 due to a shortage of capacity. The power provider introduced phase 1 load shedding on Wednesday..
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More borrowing, Eskom secures R1.5 billion loan from French Development Agency, they are so deep in trouble, how on earth will they pay it back?
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The utility’s Group Chief Executive, Phakamani Hadebe, said the multi-tranche loan facility will contribute to Eskom’s plans to strengthen and refurbish the transmission infrastructure.
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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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‘Major Concern’ Over Eskom Coal supplies – Can we expect some power cuts soon?
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Parliament’s Energy Committee says it’s concerned by reports of Eskom battling with low coal supply at six of its power stations.
It wants the power utility’s top brass to appear before the committee as soon as possible to clarify the severity of the situation.
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Eskom warns of winter power cuts – unless Treasury signs new coal deals with Gupta owned company
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Eskom chairman Ben Ngubane has warned that South Africans can expect power cuts this winter unless the National Treasury urgently signs purchase agreements so Eskom can build up its coal reserves, according to a report by TimesLive. Speaking at the sidelines of African Utility Week conference at the Cape Town International Convention Centre, Ngubane noted..
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