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Business: Eskom Warns Of A Continuing Crisis

The CEO of Eskom, Andre de Ruyter has warned of a continued crisis in the utility power generation, this is due to the inability to generate power by the government of South Africa through independent producer. Ruyter said about portion of the 11 800MW was not going to be accessible for the following 10 years […]

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South Africa: A united and stronger Leadership required to save Eskom

Shifting goal posts and signs and symptoms of instability are now not helping to rebuild believe between residents and Eskom. Eskom has extended its request to citizens for load shedding to continue from previously projected 18 months to about 29 months (to March 2022). The biggest subject from Eskom is the unpredictability of their aged […]

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Business: Eskom’s new CEO plans to fix South Africa’s utility

Andre de Ruyter knew properly the adversity he confronted at South Africa’s strength monopoly — a state-owned wreck hollowed out with the aid of corruption that struggles to hold the lights on, pay its bills and play ball with a unionized workforce. “I don’t suppose I was once under any illusion that this wasn’t going […]

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Business: Power cuts to dampen industry, consumer trust as Eskom load shedding implements

South Africa woke up to information of greater load shedding yesterday, with analysts warning a resurgence of power supply interruptions ought to derail South Africa’s monetary recuperation and stifle investments post Covid-19. Eskom started imposing Stage 2 load shedding for 14 hours due to the prolong to return to service of two generation devices at […]

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Business: Former execs ‘conspired’ to benefit the Gupta brothers – Eskom

Former Eskom executives conspired with the Gupta brothers and their enterprise associates for six years to syphon dollars from the energy utility, a summons revealed. The 73-page summons, filed with the aid of Eskom with the Special Investigating Unit, with the North Gauteng High Court on Monday seeks to get better R3.8 billion from former […]

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Breaking: Load shedding is over, but load reduction isn’t

Eskom released a statement on Friday evening, announcing that it would implement load reduction in the Nkangala District Municipality in Mpumalanga from on Saturday morning from 05:00 to 09:00. The statement comes at the end of week which saw load shedding return to South Africans’ lives, although Eskom managed to avoid having to implement load […]