Ted Blom, an energy expert, said in an interview that Eskom is on the verge of financial ruin. The remark from Blom follows after the promised loan from China to Eskom did not materialize. Currently, Eskom is selling too little electricity to cover its operational costs and interest payments. Pravin Gordhan believes Eskom will take..
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Eskom on the verge of financial ruin and cannot cover its interest payments
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Minister sued for R500,000 for unpaid power and water bill
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Lindiwe Sisulu is allegedly sued by the City Council of Johannesburg for unpaid water and power bill worth R500,000. The account is believed to be a home in Bellevue and the outstanding account was canceled by an ANC official in 2015 so that Sisulu could obtain a tax clearance document to sell the house. A..
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Lie of Eskom continues – Consumers can prepare for many more days of #Rollingblackouts, and further deterioration of the economy, as each day’s load shedding causes the debt burden to rise by R2 billion
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The lie of Eskom continues, and the 1,100 MW bought from Mozambique and now being unavailable is only the tip of the iceberg of tragedies. Maintenance at the Eskom power stations has been taboo for years – it was always white people’s way of wasting money and labor, and the ANC regime, with its strange..
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Grab the candles and keep the generator close by, it might come in handy – Eskom spokesman announces that chances of #rollingblackouts are extremely high
Johannesburg hit by massive blackouts Friday and electricity providers were unable to explain why – perhaps due to incompetent BEE employees?
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Suburbs across Johannesburg, South Africa’s economic hub, were hit by widespread power outages on Friday that electricity providers were unable to explain. “Technicians are on site to determine the cause of the outage,” Khulu Phasiwe, a spokesman for state-owned power utility Eskom Holdings SOC Ltd., said via Twitter. There’s no estimated time for the restoration..
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WATCH | More blatant ANC lies: South African deputy president, made some outlandish statements in parliament – Is Mabuza’s brain load shedding?
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In this video by ‘Renaldo Gouws’ we see how the South African deputy president, David Mabuza, made some outlandish statements in parliament. With regard load shedding and electricity he said:“The economy is growing and the shortage of electricity is a sign of growth.” Of course most of the functional MP’s in parliament nearly fall off..
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Soweto owes ESKOM R 17 billion, half of the total national debt – Just cut their bloody electricity to this township!
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ESKOM is desperately trying to recoup money owed by municipalities – Soweto, in particular, is making that task all the more difficult. ESKOM, South Africa’s national electricity provider, had an exceptionally shocking year in 2018. Financial losses reached dismal new depths. Irregularities, both fiscally and operationally, left the state owned enterprise floundering in the doldrums..
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South Africans should brace for more rolling blackouts as the power grid is unstable and cannot produce enough power to sustain the country
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Eskom warned of wider controlled power cuts on Monday after six additional generating units unexpectedly went offline. The power utility launched stage 4 load shedding, which requires the shedding of 4 000 megawatts from the grid. The Cape Chamber of Commerce and Industry is shocked by the sudden dramatic increase in load shedding. “How is..
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Sorry SA, but we need more money, Eskom pleads – Eskom is asking for a 15% tariff increase over the next three years – but in the same breath employs more workers with hefty salaries
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Eskom CEO Phakamani Hadebe made a desperate plea for higher Eskom tariffs over the next three years on Monday, as well as for more money from the government, while apologising to SA for the mess the utility is in. Hadebe was speaking in Cape Town at public hearings held by the National Energy Regulator of..
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Criminals target Johannesburg clinics, facilities without electricity after cable theft – Services at the clinic have been temporarily suspended
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The Westbury clinic in Johannesburg was left without electricity after it was tampered with the facility’s main power cable said the health and social development department on Wednesday.
The clinic’s operating manager said in a statement he saw an unknown man running from the building on Tuesday afternoon after a loud blow noise was heard. He also noted smoke from the same direction as the bang.
“The fire brigade was called for precaution and the patients were evacuated. It was a relief to know that there was no fire and the smoke was of wires that burned when the cables were cut, “the department added.
Due to damage to the main power cable, the generator, which serves as backup, could not be switched on.
Services at the clinic have been temporarily suspended and all vaccines have been sent to a nearby clinic for storage.
City Power is working to restore power to the clinic.
Protea South Clinic in Soweto also experiences power cuts due to residents i
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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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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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DA says:- Eskom is a ‘zombie’ state-owned entity
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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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You’re paying more than double what you should for electricity in SA
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Energy expert Ted Blom says that South Africans are paying more than double what they should be for electricity in the country, and it’s funding Eskom’s corruption and mismanagement. Eskom this week reported a loss after tax of R2.3 billion for the year ended March 31 from a profit of R900 million 12 months earlier…
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Price of Eskom electricity expected to double by 2021
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Buckling under the strain of seemingly insurmountable debt, Eskom looks set to implement massive electricity tariff hikes aimed at staving off a complete financial and structural collapse. South Africans are inevitably left to foot the exorbitant bill, caused by gross mismanagement, and nepotism, leading to R19 billion in irregular expenditure, coupled with a long list..
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