Eskom reportedly suffered losses to the tune of R65 million as a result of the conniving.
Well would you look at that. A coal mining company owned by the Guptas and Zuma’s son Duduzane has been awarded a fat contract, saving it from business rescue.
Italy’s TerniEnergia recently completed its giant solar power plant in the Western Cape and it’s pretty darn impressive.
After just three months on the board of Gupta-owned Oakby Investments, Mark Pamensky got bumped up to Eskom’s board as well.
Despite Eskom trying its best to make life as unpleasant as possible, South Africa is actually doing fairly well in terms of working electricity connections, when compared to the rest of the continent.
South Africa has gone from having just 10 turbines in the country in 2011 to now have over 495 and the number will only grow.
Right in time for winter… an electricity price hike will come into effect as of 1 April. No, that’s not an April Fool’s joke.
Africa’s leaders should stop blaming colonisers for some of their problems and take responsibility for their own bad decisions.
That’s right folks, no need to stress about the lights going off for the rest of summer and well into winter; according to Eskom CEO Brian Molefe.
Time to explore some off-grid solutions and become self-sufficient.
Recent Ipsos survey has found that the embattled Eskom enjoys more trust nationally than the one and only Jacob Zuma.
Nope, Eskom’s two largest and most important power stations won’t be online as their completion deadlines were quietly moved a year in advance, yet again.
Eskom’s CEO says “having electricity will become a normal thing. Well, blow us over and call us Suzie, it’s like we’ve entered the 21st century or something.
Well, at least the utility is being honest with us; a brutal, crushing honesty that paints a very grim picture for those of us who rely on Eskom to fulfil its most basic mandate.
The World Bank has opened an investigation into the deal between the ANC’s Chancellor House, Hitachi and Eskom and they don’t f*** around when it comes to corruption.
The plot around Hitachi and Chancellor House continues to thicken as the US’ Securities and Exchange Commission reports irregularities surrounding the deal.
Eskom’s inability to supply South Africa with the needed electricity has left the country in economic limbo, but major businesses and even state entities have started looking elsewhere for their energy needs.
The folks over at Eskom must be feeling like right tw*ts at the moment, with their old boss Tshediso Matona being appointed to an even better position by Parliament.
While the rest of South Africa was subjected to Stage Two load shedding over the weekend, the lights stayed on in Nelson Mandela Bay because the workers who had to flick the switch went on strike.
Things aren’t as bad as some would think, but the DA leader admits that change needs to come immediately if we’re to save Mzanzi and he has three key focus points that could achieve this.
The embattled utility wants the public to cough up 25% more on electricity to cover its losses due to load shedding.
Despite the utility’s financial woes and billions in bailouts from the SA government as well as foreign investors, Eskom still seems to find cash enough to ex-executives who hardly spent half a year there, impossible salaries.
Not just a kief name, EskomSePush comes at a time when South Africa needs it most.
The US-based, Pretoria-born tech billionaire has launched the Tesla Powerwall, a rechargeable battery that could take your home off the grid
While South Africa’s favourite power utility is cash-strapped and failing to keep the lights on, it has reportedly been spending a fortune subsidising “fancy meals” for its workers.