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Electricity Minister Kgosientsho Ramokgopa. (Photo: Per-Anders Pettersson/Getty Images)
DIESEL

Ramokgopa: Load-shedding helps Eskom not to overspend its diesel budget

Diesel is used to run the open cycle gas turbines which have been used to reduce the higher stages of power cuts This content is restricted to registered users and subscribers.…

  • Mandisa Makgakga
1 min read
Eskom has announced a staggering loss of R23.9 billion for the financial year ended March 2023. (Waldo Swiegers/Getty Images)
ENOCH GODONGWANA

Treasury: Eskom continues to make a loss despite bailout

The weakening rand, borrowing and expenditure on diesel has resulted in the power utility posting a R21.2 billion loss

  • Mandisa Makgakga
3 min read