In the first quarter of the 2023/24 financial year that ended June 2023, Eskom reported a R5 billion loss before tax. The revelation came from Eskom’s unaudited quarterly results that…
Browsing: Eskom
The National Treasury is due to release its main budget data for July. Absa group and the Thomson Reuters consensus expect a main budget deficit of R123.7bn, slightly smaller than the…
In a presentation on Thursday, the State owned power utility Eskom said its transmission company will start operating by the first quarter of the year 2025. In 2019 South Africa’s…
Johannesburg has secured bits from private producers to provide 92MW of electricity to help shield the city from nationwide electricity shortages. Last year City Power issued a request for short-term…
Eskom’s Interim CEO announced that the National Treasury has paid an R16 billion debt relief package to power utility Eskom, which will help pay half of the debt Eskom is…
Eskom has made an announcement that it is officially exploring a “virtual wheeling” mechanism which is set to facilitate greater electricity generation investment by the private sector and municipalities in…
South Africa’s electricity minister Kgosientsho Ramokgopa said he expects to seal a deal with the Chinese government next week that will help solar-panel installers in the African nation secure for…
Eskom announced on Tuesday that due to an improvement in available capacity, load shedding would be suspended during the day (05:00 to 16:00) until Sunday. However, rotational power cuts will…
South African President Cyril Ramaphosa said, in the past two months the unplanned power outages at Eskom’s generating fleet fell to less than 16GW compared to the previous 18GW. “Eskom’s…
Delays in rehabilitating South Africa’s sole nuclear power plant, Koeberg, have alarmed government officials and energy analysts. Kgosientsho Ramokgopa, Minister of Electricity, recently expressed his dissatisfaction with the project’s lack…
