Additional energy will take demand pressure off Eskom’s strained supply, but the downside will be a reduction in revenue for the power utility
Dames stepped down from the task team appointed by the president barely a week after it was announced amid conflict of interest claims
Gigaba as public enterprises minister, stands accused of appointing board members at SOEs who would facilitate interference from the Gupta family.
Malusi Gigaba said he did everything in his power to prevent former Eskom CEO Brian Dames from resigning
Former Eskom chief executive Brian Dames could not deny that he met with the Gupta family during his tenure.
At first we were told unit one of Medupi was vital to Eskom’s capacity issues. But now government says its contribution would have been negligible.
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Polite compliments and vagueness mask the rumblings of political disquiet at the power utility.
Power utility Eskom has been dealt another blow with the resignation of its chief executive Brian Dames, who will leave the company in March 2014.
Persistent rumours that chief executive Brian Dames was leaving Eskom proved true when he said that he had, in fact, resigned from the power utility.
Eskom, which provides 95% of the power to SA, says power will remain tight during the summer period as it increases maintenance work on its fleet.
While Eskom’s revenue is up, rising costs have dented its profits and a lower than expected tariff increase could negatively affect its future.
Despite strong words from Malusi Gigaba earlier this year against the delay of its construction, the project will be set back. What went wrong?
The completion of just the first unit of the Medupi power station in Limpopo, is to be delayed, pushing the project’s deadline back into next year.
Eskom is at pains to defend its chief executive, Brian Dames, whose contract is rumoured to be up for renewal.
AngloGold Ashanti has become the 49th business partner to join Eskom’s energy efficiency drive, 49M.
At a high-profile "pressure test" at the Medupi power plant, President Jacob Zuma was upstaged by the local mayor, writes Daniel Bethencourt.
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Eskom chief executive Brian Dames has to overcome numerous hurdles. He needs the public to save energy and municipalities to lower profit margins.
Supply constraints, double-digit price hikes and power outages are taking their toll on the economy, experts say. And brace for more load-shedding.
Eskom says South Africans have to reduce their electricity use by a tenth, so it can take power stations offline for dangerously overdue maintenance.
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/ 23 November 2011
Eskom has grown its net profit to R12.8-billion in the six months to end of September, chief financial officer Paul O’Flaherty says.
While Eskom nestles on a R50-billion pile of money, everyone from manufacturers to residents are reeling as rising electricity prices hit home.
Eskom chief executive Brian Dames warned that the utility faced a long summer of maintenance of its power plants, increasing the risk of load-shedding
Eskom’s has said its executive remuneration was below the average of listed companies of equal size.
Eskom’s approved capital investment programme, which includes the capacity expansion programme, is the largest individual stimulus to the economy.
Eskom is partnering with the Special Investigating Unit (SIU) to fight corruption in its ranks, the parastatal said on Wednesday.
The demand for electricity is set to increase by about 2% in 2011 as the country’s economy recovers, Eskom CEO Brian Dames said on Thursday.
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/ 9 November 2010
The government will have to make decisions "soon" if it is to meet its target of new nuclear power capacity by 2023, Eskom says.
But my interest is how Dames intends dealing with other pressing legacy issues that are stacked up in his in-tray, writes <b>Kevin Davie</b>.
New Eskom CEO Brian Dames hasn’t got his feet under the table yet and is already facing a strike.
Eskom on Tuesday appointed Brian Dames as its new chief executive, the power utility said in a statement.
South Africa needs at least 40 new coal mines to prevent shortages over the long term, Eskom operations head Brian Dames said in an interview.
The African National Congress and its labour allies called on Friday for electricity prices to rise only gradually, rejecting the state power firm’s appeal for a sharp hike to solve a dire power crisis. ANC secretary general Gwede Mantashe said it would be wrong for Eskom to use price rises to recover from past losses.