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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

power utility

4 Results / Page 1 of 1

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South Africa

In S.A, the D.A talks Eskom and bailouts

In South Africa, the DA says despite receiving a staggering 76-billion-rand bailout from the government, Eskom posted a pre-tax loss of 25-billion-rand, which ballooned to 55-billion-rand after tax. The party says the audit report, which notes that material uncertainty relating to the power utility’s ability to continue as a going concern, is of particular concern. The DA's Kevin Mileham says the exorbitant electricity tariff hikes that will plunge millions of […]

todayDecember 20, 2024 17

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South Africa

S.A’s Electricity and Energy minister says Eskom has upped its performance

  S.A's Electricity and Energy minister Kgosientsho Ramokgopa says Eskom has upped its performance, resulting in more than 260 days of no load-shedding, improved plant performance, and billions of Rands in diesel cost savings. The power utility has recorded a net loss before tax of some 25.5-billion-rand, an improvement from the previous financial year’s 34.6-billion-rand. Ramokgopa says Eskom is now less reliant on diesel but the debt municipalities owe it […]

todayDecember 20, 2024 14

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South Africa

Eskom CEO Highlights Data-Driven Approach and Governance

In S.A, Eskom CEO Dan Marokane says a data-driven approach and enhanced governance practices underpin the power utility’s financial and operational improvements. He briefed Parliament’s portfolio committee on Electricity and Energy yesterday. He adds that extending the life of coal power stations is one of the reasons for improvement in generation and load-shedding: Marokane also says the biggest risk factor is the non-payment of electricity bills by state institutions like […]

todayDecember 5, 2024 9

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South Africa

GOOD Party Criticizes Eskom’s Tariff Hike

The GOOD Party says it is unfair to continue asking consumers to pay more without addressing the entire system’s inefficiencies. GOOD’s secretary-general, Brett Herron, says a combination of Eskom’s inability to manage its operations, Nersa’s failure to assist the power utility, and unregulated municipal surcharges, places electricity provision in South Africa fundamentally at odds with the aspirations of the developmental state:  

todayNovember 20, 2024 21

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