Africa’s largest media company has purportedly discussed a bond sale of $500-million to $1-billion for a seven to 10-year term with investors.
While Eskom’s revenue is up, rising costs have dented its profits and a lower than expected tariff increase could negatively affect its future.
A six month delay in electricity generation at the Medupi power station will hit the country’s poorest households the hardest, says Mamphela Ramphele.
Eskom has been "on the back foot" of its Medupi power station project from the get-go, says its financial director, Paul O’Flaherty.
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.
Commentators suspect the executive does not want Eskom to lose its stranglehold on the grid.
Eskom had to briefly cut supply to one of BHP Billiton’s aluminium smelters on Monday night after nationwide demand outstripped supply.
Concerns that South Africa is a hair’s breadth from experiencing rolling power cuts.
Trade rules, oversupply and advances in solar tech are spelling trouble for local energy industry.
Critics claim private providers could have put the cheap money lent to the Cape project to much better use.
Siemens’s SA unit has won the contract to supply 46 wind turbines to power utility Eskom’s 100 megawatt Sere wind farm, says the German company.
Eskom has partnered with the SABC to give South Africans daily real time information on the power system, the power utility has said.
The public enterprises minister has asked Eskom’s board to keep Paul O’Flaherty as its financial director.
The public enterprises minister says Eskom is reviewing the implications of Nersa’s decision to grant a lower than requested electricity tariff hike.
BHP Billiton has defended the appointment of Xolani Mkhwanazi to its South African operations after his five-year stint at energy regulator Eskom.
The power supplier has no idea how to manipulate its customers: peak pricing is what’s needed.
It was "too risky a commitment to make" to say there would be no load shedding in the coming months, says Minister in the Presidency Collins Chabane.
It is difficult to understand why the department of energy is dragging its feet with the review of the integrated resource plan of 2010.
The parastatal’s short-term view has led to profits in the beginning, but has come back to haunt it.
With Eskom’s rolling blackouts highly likely this winter, consumers have no choice but to switch off.
National Union of Metal Workers SA has proposed one centralised negotiation for wage disputes at Eskom’s Medupi, Kusile and Ingula projects.
BHP Billiton says it expects Eskom to honour deals that let the mining giant buy electricity for its smelters at over half the cost of production.
The regulator has rejected the utility’s request to carry on paying big users to cut consumption.
More South Africans have enjoyed candlelight dinners during Earth Hour as Eskom has reported reduced energy usage during this time frame.
Government has been talking up performance, but state-owned enterprises are fettered by politics.
Eskom will not cut off power to the Matlosana municipality in North West, a spokesperson has said.
Striking workers at the Medupi power station in Limpopo are expected to return work, says the National Union of Metalworkers of South Africa.
Eskom is at pains to defend its chief executive, Brian Dames, whose contract is rumoured to be up for renewal.
South Africa should brace itself this year as the rise in petrol prices and electricity tariffs will swallow any money gained from tax breaks.
The petrol price hike, announced by the energy department, is bad news for the agriculture sector, says an agricultural union.
The National Energy Regulator of South Africa has announced that it rejected Eskom’s proposed 16% annual tariff hike for electricity.