The termination of former Eskom CEO Jacob Maroga’s employment contract has been found to be unlawful by the high court in Johannesburg.
Aluminium smelters get electricity for anything from
12c a kilowatt hour; the rest of us pay at least 31c.
Helen Zille has written to the Competition Commission over possible collusion between Hitachi and Alstom for a tender to build boilers for Eskom.
The DA has revealed a confidential report from Eskom that it claims proves Eskom has been selling power to BHP Billiton at below cost.
Hitachi Power Africa on Tuesday pleaded ignorance about questionable business links with the ruling African National Congress.
The ANC’s investment arm Chancellor House will receive R50-million over eight years in profits from Eskom’s Medupi and Kusile Power Stations.
The ANC was defiant this week about its involvement with Hitachi Power Africa, which secured a multibillion-rand contract with Eskom.
selling South Africa has become a very difficult task since January. Something happened that tipped the balance, turned market opinion.
Where efficiency and diversity could shape energy policy, coal and Eskom dominate. Are the ANC’s investments in Chancellor House to blame?
Power parastatal’s insistence on building ‘bespoke’ power stations could cost R100-billion extra.
Eskom has appointed JP Morgan Chase and Swiss bank Credit Suisse to help raise funds for expansion, it was reported on Monday.
SA on Friday welcomed a decision by the World Bank to grant Eskom a $3,75-billion loan to develop a power plant to boost flagging power supply.
The World Bank has approved the granting of a $3,75-billion loan to electricity parastatal Eskom
The United States has abstained on the vote by the World Bank’s board of directors on the proposed Eskom loan of $3,75-billion.
Opposition leader Helen Zille has lobbied the US and Britain not to support SA’s request for a World Bank loan to build a new power station.
All South Africans should support the granting of the World Bank loan to Eskom, Energy Minister Dipuo Peters said on Tuesday.
Eskom and BHP Billiton have agreed to amend pricing agreements for power supplies to BHP aluminium smelters in SA and Mozambique, Eskom said.
With its proposed Medupi power station, South Africa is an industrialised global climate player and major polluter.
Cosatu expressed concern after the Public Protector found that former Eskom chairperson Valli Moosa had acted improperly when awarding a contract.
SA’s power supply is seen as a serious concern from 2011 onwards until new power stations come on stream, Eskom said on Tuesday.
Activists launched their campaign for free electricity outside Eskom’s Braamfontein, Johannesburg, offices on Monday.
The government may be unable to provide further loans to utility Eskom, it was reported on Monday.
Busa backed the urgent need for a World Bank loan to Eskom as a part of a larger borrowing programme by the power utility.
Power cuts may still be a reality for South Africans, despite sharp electricity price hikes, Nersa has said.
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/ 25 February 2010
It is necessary to look at Nersa’s decision on Eskom’s tariffs in the context of the possibilities it creates, Energy Minister Dipuo Peters says.
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/ 24 February 2010
The Congress of South African Trade Unions called the hikes — more than four times the current rate of inflation — "totally unacceptable".
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/ 24 February 2010
Nersa on Wednesday granted Eskom a nominal 24,8% tariff increase for the 2010/11 financial year, raising concerns this would fuel inflation.
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/ 24 February 2010
Nersa on Wednesday granted Eskom a 24,8% tariff increase for the 2010/11 financial year, falling short of the power firm’s request for a 35% hike.
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/ 23 February 2010
South Africa plans to build multiple nuclear plants to plug the country’s power deficit and reduce its carbon footprint, a senior official said.
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/ 23 February 2010
Eskom has filed court papers accusing former CEO Jacob Maroga of having "failed to perform his duties" and being "dishonest", it was reported.
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/ 22 February 2010
The National Energy Regulator of SA (Nersa) is expected to announce its decision on Eskom’s tariff application on Wednesday.
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/ 19 February 2010
Opposition parties heavily criticised the ANC’s economic policies, but offered few constructive alternatives at a Critical Thinking Forum this week.