Eskom’s 99 days of load-shedding have limited mining and manufacturing output, causing the economy to behave as if it has ‘lost a major industry’.
The utility may struggle to keep the lights on, but its debt is attractive to international investors.
NEWSFLASH: Neotel confirms CEO and CFO have taken special leave pending an investigation of suspected commission payments in Transnet contracts.
Anoj Singh is expected to perform miracles at the power utility, but his alleged role during a billion-rand Transnet deal may give pause for thought.
For too long, industries have been able to operate unchecked, a situation that costs people’s lives.
Eskom needs to borrow more at higher rates to ease its funding shortfall after Nersa rejected its request for a tariff increase of as much as 25%.
The ANC and Cosatu have welcomed the decision not to grant Eskom a tariff increase.
The energy regulator has rejected Eskom’s application to raise its electricity prices further this year.
Eskom has asked at public hearings that it be allowed to raise prices to, in part, fuel gas turbines.
But the utility has said it needs to find the "sweet spot" between keeping the lights on and taking 5 500MW off the grid for maintenance this winter.
The ANC has said retirement savings may be the answer to the state-owned power utility’s woes.
A labour market report released by the Solidarity Research Institute on Tuesday showed deteriorating levels of job security in South Africa.
After months of scrapping with Eskom at the Labour Court and the CCMA, suspended CEO Tshediso Matona has agreed to go quietly.
The Local government Association declared a dispute with Treasury to release of R1-billion to 39 municipalities whose funding is being withheld.
Unless suspended chief executive Tshediso Matona goes quietly, there will be an ugly spectacle over who’s the boss.
Mayor Parks Tau’s greatest success is an electricity plan that makes Johannesburg less dependent on Eskom.
Electricity thieves are using cunning methods to ply their trade that not even the police or Eskom can prevent.
Numsa wants full disclosure from Eskom on the so-called "war room", and it believes that the electricity crisis is due to multi-million contracts.
Numsa calls for inquiry into Eskom and says it must open its books for public scrutiny.
Technological innovation that affects consumer behaviour and a shift to renewable energy are at the heart of the upheaval facing utilities.
The acting chief executive plans to find 3000MW of additional capacity by the end of the year to minimise the need for load shedding.
The ConCourt has ruled that state organs, as employers, have to take over the employment contracts of workers – if a contract or tender is cancelled.
South Africa will build an additional 6 300 megawatts of renewable energy, adding to the 5 200 megawatts already being procured.
Power load shedding could last up to 12 hours at a time, as giant aluminium smelters consume discounted electricity with abandon.
South Africans can expect load shedding to continue during the cold months as Eskom plans to forge ahead with maintenance at its power plants.
Workers are considering Eskom’s offer to reinstate them even though working conditions at the Medupi power plant have not yet been addressed.
South Africa’s treasury has withheld R2-billion from 60 municipalities that owe the electricity parastatal R9-billion.
According to the department of energy "there is no need to panic at this stage" as petrol is still cheaper than a year ago.
After a three hour board meeting Eskom chairperson Zola Tsotsi has resigned.
The metalworkers union says workers at the Medupi power station were partaking in a peaceful protest after which Eskom decided to shut down the plant.
Eskom contractors fired over 1 000 workers for taking part in an "illegal" strike at the Medupi power station in Limpopo, the power utility said.
Eskom chairperson Zola Tsotsi says the President backed him when he said he wanted to set up an inquiry to investigate "rot" at the power utility.