Ratings agency Moody’s has said that splitting Eskom into three entities may make the power utility’s cost structure more transparent
President Cyril Ramaphosa has committed to structural reforms in the energy sector
Breaking down President Cyril Ramaphosa’s State of the Nation Address
The pressure on Eskom bonds has eased and the rand has rallied but global events can reverse the gains
Corruption has gone too far in SA to be eradicated but other nations have used it to their advantage
But critical detail is still needed when it comes to plans to address the country’s economic challenges, starting with Eskom
Before President Ramaphosa begins his second State of the Nation address, senior M&G journalists unpack the challenges facing the president
Phakamani Hadebe told delegates at the Mining Indaba 2019 that Eskom is just ‘too big’
The debt-laden power utility is asking for a 15% annual tariff hike for three years
But the utility already has a debt burden of almost R420-billion
The utility is labouring under a debt burden of about R420-billion and its cash from operations is not enough to service its interest payments
The suggestion in the ANC’s election manifesto on prescribed assets has drawn fire
The president he reminded participants of the work the government has done to stabilise government institutions
Nersa kicked off its nationwide public hearings in Cape Town this week to deliberate on Eskom’s tariff applications
Outa says although Eskom brought about its own downfall, there were other factors, such as corruption and state capture, which worsened the situation
Over the course of three weeks, Nersa will hold hearings on what the debt-laden power utility
"Eskom’s long-term plans are to restore its energy availability factor to 75% by November".
Sipho Kings has compiled a list of tasks government should tackle this year to solve environmental problems and secure our collective future
Here’s our round-up of the outlook for electricity, taxes, fuel, wages and the economy
In the face of overwhelming scientific evidence, a few obdurate nations have delayed the critical response
Dames stepped down from the task team appointed by the president barely a week after it was announced amid conflict of interest claims
The ten-year contract is expected to end in 2025
Supplied water is too cheap. A litre bottle of water in a supermarket is R10, whereas 1 000 litres to your house costs just R50
How the Guptas broke Eskom: More than R2-billion set aside for crucial maintenance was diverted to the family’s business schemes
Eskom is trying to recover is missing millions, but Trillian CEO Eric Wood says he is overwhelmed by the court case against the Gupta-linked company
And a planned PetroSA plant shutdown meant Eskom could not replenish diesel supplies
The task of securing South Africa for future generations is immense
But critics say shifting liability to the state could have unintended consequences for the economy
‘Electricity problems raise the risk that
the growth we saw in the third-quarter will be short-lived’
Public Enterprises Minister Pravin Gordhan told media on Thursday Christmas leave for senior management has been cancelled
‘Difficult decisions’ must be made and there is no escape for the consumer and the taxpayer
Greenpeace was inflammatory and Eskom had to come clean, but it continues to foul the air