South Africa is headed for a winter of discontent, not only due to the badly managed Covid response, but it has surpassed yet another point of no return with phase 4 and 5 load shedding coming, due to infrastructure crumbling from lack of maintenance. Energy expert Chris Yelland, director of EE Business Intelligence, has said load shedding will only worsen this winter.
Continue reading…
SA Facing Winter of Phase 4 & 5 Rolling Blackouts as Unmaintained Infrastructure Accelerates the Country’s Collapse!
Posted on Leave a comment
Eskom drops electricity price bombshell – Consumers will pay ‘50% more’ for electricity if Eskom beats Nersa in court
Posted on Leave a comment
The power utility is challenging tariff increases approved by the National Energy Regulator of South Africa (Nersa) for 2019 to 2022. If Eskom gets its way, consumers will pay 50% more for electricity. Eskom contends that approving increases by 9.41% for 2019-2020, 8.10% for 2020-2021 and 5.22% for 2021-2022 instead of the requested 16% was..
Continue reading…
Eskom is now clearly lying, obfuscating and playing with words after it came to light that they are planning to pay out R1, 8 billion in bonuses by saying that it is 13th cheques, not bonuses.
Posted on Leave a comment
Take into consideration that it was Nersa – National Energy Regulator of South Africa – that called it bonuses in court papers, which is obviously statements made under oath. Does Eskom now wants us to believe them over Nersa? Eskom is now playing word and mind games with us by saying that it is 13th..
Continue reading…
#TheAfricanWay – SA Faces Extended #RollingBlackouts Due to Collapsing Infrastructure Yet Eskom Secretly Wants To Pay R1,8 BILLION (R88,000 per employee) in Performance Bonuses!
Posted on Leave a comment
Eskom seems to have a strange idea about what a performance bonus is and why it actually gets paid. It secretly wants to spend R1,8 BILLION on performance bonuses for the current and following 2 years, even as we face phase 4-6 loadshedding at the moment and it seems like daily rolling blackouts will be with us for quite some time.
Continue reading…
Cash strapped Eskom wants another R27bn from consumers – Could this be the reason why SA is experiencing #Rollingblackouts? To manipulate us into giving them what they want?
Posted on Leave a comment
In its latest application to the energy regulator, the power utility is claiming this as an underrecovery for 2018/19, meaning tariffs may rise by 16.6% next year Eskom, which last week again saw a collapse of its power network that led to nationwide load shedding, wants consumers to cough up a further R27 billion for..
Continue reading…
Eskom load shedding may have been applied over Nersa not approving electricity supplier’s tariff increase and is now used as leverage to manipulate the initial decision
Posted on Leave a comment
TAU SA finds it extremely suspicious that Eskom suddenly imposes loadshedding just days after the electricity supplier filed a lawsuit against Nersa, the regulator, because the entity was not satisfied with the tariff increases approved. “It almost seems as if there is a subtle blackmail here, as it has often happened in the past if..
Continue reading…
Unproductive Eskom drags Nersa to court over reduced power tariffs showing financial deficit of R102 billion
Posted on Leave a comment
The greedy Eskom, which fails to become profitable on its own, and constantly stands by the ANC government, has now taken its arrogance a step further, according to financial experts. The bankrupt power provider has already taken steps to approach the Supreme Court in a case against Nersa’s decision to grant a lower rate than..
Continue reading…
The cheek of it all, eh? – Major municipalities set for 15% hike in electricity tariffs
Posted on Leave a comment
Fresh from securing a 9.41% tariff increase in March, Eskom are now targeting municipalities with a 15.63% hike. The greed at Eskom has expanded yet again this week, after the City of Johannesburg confirmed that a 15.63% tariff hike is set to come into force. In an official statement, Mayor Herman Mashaba lambasts energy regulator..
Continue reading…
Eskom Corruption being ‘rewarded’ with 15.63% tariff increase – SA consumers now have to suffer but those responsible for the corruption and maladministration “continue to roam free” without any consequences for the actions
Posted on Leave a comment
Municipalities across SA will now face a 15.63% tariff increase from Eskom, approved by Nersa. Mayor Herman Mashaba on Tuesday issued a statement in which he claims the National Energy Regulator of South Africa (Nersa) has rewarded corruption at Eskom with a 15.63% increase in tariffs. “The City has noted the disappointing correspondence from Nersa,..
Continue reading…
#Rollingblackouts: Further power cuts for Eskom as new Gupta looting details emerge – ANC-regime to plow R23 billion, of taxpayers money, a year into Eskom in order for the utility meet repayments on its R420 billion debt burden
Posted on Leave a comment
New documents seen by the Sunday Times reveal how a Gupta-linked company purchased an auditing firm in order to loot from Eskom. The report stated that Trillian bought an auditing firm – Nkonki – which had existing contracts with the state owned company. “Trillian and its former owner, Salim Essa, allegedly used Mitesh Patel, a..
Continue reading…
Eskom’s request to increase electricity granted after poor administrators of SA-regime succumb to unrealistically high demands – annual revenue of the state entity will now increase by R784bn
Posted on Leave a comment
The bankrupt power provider of South Africa, who has already stolen billions of rand from the taxpayers’ pockets, once again got its way. The poor administrators of our beloved SA have succumbed and allowed heavy increases to hit consumers in the next three years. The ANC government, under the leadership of the Energy Regulator of..
Continue reading…
Eskom’s prior request for tariff hike slammed: Eskom’s stage 4 load shedding is a direct attempt to sabotage, and blackmail SA – Ordinary citizens are becoming the scapegoat to foot the bill of its complete and utter failures and lack of planning
Posted on Leave a comment
The South African Communist Party says Eskom’s management is rolling out massive blackouts in an attempt to blackmail South Africans to accept privatisation of the power utility. Eskom resumed with loadshedding for the first time this year on Sunday. Power cuts continued yesterday and Tuesday after a failure of generating units. “The management of Eskom,..
Continue reading…
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
Posted on Leave a comment
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..
Continue reading…
Price shock beckons if Nersa authorize Eskom’s request- National power provider demands 45% increase in tariffs – Now taxpayers have to pay for state institution’s incompetence
Posted on Leave a comment
National power provider, Eskom’s application to Nersa will be heard in Cape Town next week. Nersa has already approved a 4.41% increase, but now Eskom is demanding 15% annually over the next three years, which is three times the official inflation figure. Energy expert Ted Blom says the application should be scrapped until the forensic..
Continue reading…
Shocking news, Eskom’s big coal whopper and they would like to point the finger to you the consumer for using too much electricity
Posted on Leave a comment
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.
Continue reading…