Wed, 24 July, 2019

Tag: eskom

Eskom Financial Crisis Exposes It To Liquidity: Mboweni

Finance Minister Tito Mboweni said Eskom posed the biggest risk to the government’s financial fiscal framework because of its financial difficulties and their negative impact...

Eskom Financially Unstable, Needs Additional R59bn: Tito Mboweni

Finance Minister Tito Mboweni said Eskom was currently not financially sustainable and needed an extra R59 billion over the rest of this financial year and next...

Eskom’s Future In Balance As MPs To Decide On R17BN Emergency...

Eskom’s future will be front and centre in Parliament on Tuesday morning as Members of Parliament (MPs) decide on whether to authorise...

Diepsloot Residents Call For Urgent Meeting With Eskom Over Power Cuts

JOHANNESBURG - Community leaders in Diepsloot have called for an urgent meeting with Eskom to address the electricity crisis in the area.They are warning...

Mboweni: Further Bailouts For Struggling SOEs Can’t Continue

CAPE TOWN - Finance Minister Tito Mboweni said that further bailouts to struggling state-owned companies like Eskom and SAA could not continue and should...

Saica Postpones Disciplinary Process Against Corruption Tainted Anoj Singh

JOHANNESBURG - The South African Institute of Chartered Accountants (Saica) has postponed the disciplinary process against Transnet and Eskom's former chief financial officer Anoj...

Treasury Weighs New Support Measures For Struggling Eskom

South Africa is weighing extra options to support Eskom, including swapping the financially troubled state power firm’s debt for government bonds or...

Eskom Ready To Enter Talks With Zesa To Recover Money

JOHANNESBURG – Eskom said that it would now work towards a mutually beneficial solution regarding money still owed by the Zimbabwe Electricity Supply Authority...

Power Cuts Set To Continue In Zim If Debts Not Settled...

Eskom says no funds have reflected on accounts for Zimbabwe’s outstanding debt.It says that once it's received the...

Government To Map Out Plan For Eskom Future In Next Three...

Minister in the Presidency Jackson Mthembu said government would produce a white paper, detailing the road map for Eskom’s future within the next three months.

Ramaphosa: State Owned Enterprises Won’t Be Privatized

President Cyril Ramaphosa has reaffirmed government’s plans to support ailing state-owned enterprises (SOEs) and made it clear that there’s no intention to privatize them.

Eskom Calls For An End To Illegal Connections In Diepsloot Amid...

JOHANNESBURG – Eskom has been accused of refusing to repair a power transformer that exploded in Diepsloot, leaving residents without electricity for over five...

Mantashe: Secure Electricity Supply Crucial In Growing Energy Sector

CAPE TOWN - Mineral Resources and Energy Minister Gwede Mantashe said South Africa remained a highly attractive destination for investment in mining but a...

Soweto Electricity Debt Surpasses R18 Billion

Eskom said Soweto residents now owe the utility more than R18 billion in unpaid electricity bills.The cash-strapped parastatal has...

Pie In The Sky: Opposition Parties Uninspired By Ramaphosa’s Address

CAPE TOWN - Opposition parties have described Thursday night's State of the Nation Address (Sona) as pie in the sky.Opposition politicians found President Cyril...

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