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Eskom’s Plans Its Coal-Powered Fleet

Eskom’s Plans Its Coal-Powered Fleet

Although Eskom has decommissioning schedules in some of its documentation, it is not always reflected in the messages received by people on the ground. It is this confusion that is adding to the anxiety of workers like those at Hendrina power station near Middelburg in Mpumalanga. In its 2018 integrated report, Eskom says it is […]

South Africa’s Eskom Gets $205 mln Loan From African Development Bank

South Africa’s Eskom Gets $205 mln Loan From African Development Bank

South African state-owned power firm Eskom will get a 2.9 billion rand ($205 million) loan from the African Development Bank to upgrade and expand its transmission network, the bank said on Thursday.   The loan will fund the construction of 555 kilometres of transmission lines in the KwaZulu-Natal and Mpumalanga provinces, as well as the […]

S.African Utility Eskom Asks To Recover $5.5 bln Via Higher Tariffs

S.African Utility Eskom Asks To Recover $5.5 bln Via Higher Tariffs

South African state utility Eskom is seeking to recover 66.6 billion rand ($5.5 billion) of costs incurred over the past three years through higher tariffs, saying it sold less electricity than forecast because of an economic downturn.   Eskom, which supplies around 95 percent of South Africa’s electricity, is battling to stabilise its finances under […]

South African parliament To Investigate Eskom Over Graft Allegations

South African parliament To Investigate Eskom Over Graft Allegations

  South Africa’s parliament will begin an investigation next week into state-run utility Eskom amid allegations of mismanagement in issuing government tenders, a legislator said on Monday. Eskom has been at the centre of infighting in the ruling African National Congress (ANC) since Brian Molefe, an ally of President Jacob Zuma, stood down as chief […]

S.African Minister Tells Eskom To Release Coal Contracts Report To Treasury

S.African Minister Tells Eskom To Release Coal Contracts Report To Treasury

South African Public Enterprises Minister Lynne Brown said on Tuesday she had asked state-owned power utility Eskom to immediately provide a report required by the Treasury, which is investigating the utility’s coal contracts. Brown said she was concerned a public row between the Treasury and Eskom could lead to the utility being downgraded by credit […]