When Eskom pulls the plug: Businesses and locals are hard hit by blackouts because local government owes the power utility billions of rand
Businesses are hard hit by blackouts because local government owes the power utility billions of rand
Gordhan noted that although profit from operations improved, the power utility still reported a net loss for the 2017 financial year
Numsa and NUM are yet to sign the latest wage offer of a 7.5% increase for 2018 and a 7% increase for the next two years
Eskom withdrew the complaint in 2017, but the Competition Commission decided to continue its probe
Government believes independent power producers need to be limited and controlled
Eskom’s ex-financial officer’s swanky pad and R16m in strange transactions are part of probe
‘All the problems of unemployment and inequality are all getting worse since President Ramaphosa took over’
Before the court battle over rand-rigging begins, the tribunal must settle a number of preliminary skirmishes
Former Eskom chairperson Ben Ngubane tried to blacklist newspapers that published articles critical of the power utility
In a meeting with Parliament’s Standing Committee on Public Accounts, councils blamed the growing debt on ineffective revenue collection systems
The revelations are contained in a near 500 page draft forensic report by national treasury into the capture of Eskom and Transnet
The report seen by the M&G, follows last year’s treasury report which called for an investigation into Singh, Brian Molefe and other executives
The idea has been floated before but again unions warn that the funds can’t be used to bail out SOEs
The Asian giant is aware of the risks of lending to South Africa’s ailing parastatals, so the question is: Why would it do so?
The nation has committed to $14.7-billion in investments
The loan agreement was signed on Tuesday following bilateral talks between the Chinese President Xi Jinping and President Cyril Ramaphosa
Eskom’s irregular expenditure, identified under the terms of the Public Finance Management Act, rose to just under R20-billion
The power utility admits that its ‘transition towards financial and operational sustainability required resolute, tough and decisive leadership’
Brigadier-General Tebogo Rakau had stepped down with immediate effect
Municipalities would face power interruptions for up to six hours a day from Wednesday July 18, due to non-payment
Eskom and unions have yet to reach a wage deal nearly a month after negotiations began, with unions describing the talks as "sensitive"
With 60% of the Karoo town jobless, the maverick politician has his work cut out for him
Eskom spokesperson Khulu Phasiwe confirmed on Wednesday morning that the unions decided to take Eskom’s proposal to the ministers
The petrol price hike will have a ripple effect on other consumables, with the poor worst hit
The power utility on Friday signed the loan facility with the German bank KfW, on behalf of the German government
NSTF-Water Research Commission Award: towards achieving sustainable water management, knowledge generation and solutions with demonstrated leadership
Banking Association of South Africa says its members are willing to help out SOEs such as Eskom and Transnet with "expertise and resources"
NUM members also intended to voice their anger at Energy Minister Jeff Radebe, who was meant to address the conference but instead travelled overseas
The market positivity that ushered South Africa into 2018 after the ascendance of President Cyril Ramaphosa now seems like a distant memory
The New Development Bank is facing questions about the transparency and fairness of its loans
Eskom had initially offered a 0% increase for the current year, while Numsa and the National Union of Mineworkers demanded a 15% hike