Power Utility
latest news & developments
Eskom profits rise again but tariff hikes remain the real story
The national power utility is heading for a second year of profits but experts say tariff hikes and state bailouts remain central to its financial recovery
Eskom withdraws from Cape Town informal settlement after second attack
On Monday, a security vehicle escorting the power utility’s workers into the area was hijacked
Medium-term Budget: Economic growth prospects remain bleak
Inadequate electricity supply and the effects of the Covid-19 pandemic remain a binding constraint on economic recovery in the near term, says the treasury