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SA News: Eskom a risk to South Africa as finances are getting worse: report

26 February 2018 By admin

Eskom a risk to South Africa as finances are getting worse: report: Eskom is expected to deliver worse than expected financial results with the power utility a major risk to South Africa’s fiscal targets. An article in the Rapport noted that Eskom expects to report a loss of R8.1 billion in the short term, which could ... Source: "South Africa" - BingNews ‘Hope a young … [Read more...] about SA News: Eskom a risk to South Africa as finances are getting worse: report

NUM disappointed with Eskom for Beatrix Mine incident

5 February 2018 By admin

NUM disappointed with Eskom for Beatrix Mine incident: NUM disappointed with Eskom for Beatrix Mine incident: The National Union of Mineworkers (NUM) says it is disappointment with Eskom for congratulating its managers in the Free State Province for restoring electricity at the Beatrix Mine last week Friday. This comes after 955 mineworkers were trapped underground at the … [Read more...] about NUM disappointed with Eskom for Beatrix Mine incident

Energy expert Ted Blom on explosive energy week in South Africa: “Cape Town needs to cut a deal with Eskom for more affordable desalination”

28 January 2018 By admin

Energy expert Ted Blom on explosive energy week in South Africa: “Cape Town needs to cut a deal with Eskom for more affordable desalination”: Independent energy expert Ted Blom, speaker and advisory board member at African Utility Week in Cape Town in May shares his views on several developments this week in the energy sector including the appointment of the new Eskom board, … [Read more...] about Energy expert Ted Blom on explosive energy week in South Africa: “Cape Town needs to cut a deal with Eskom for more affordable desalination”

SA News: Nersa grants Eskom a fraction of the increase requested

16 December 2017 By admin

Nersa grants Eskom a fraction of the increase requested: WARREN THOMPSON: The National Energy Regulator of South Africa has announced its multi-year price increase awarded to Eskom. Eskom had requested 19.8% and Nersa today handed down an increase of just 5.23% for the 2018/19 year. This will have a massive ... Source: "South Africa" - BingNews 5 important things … [Read more...] about SA News: Nersa grants Eskom a fraction of the increase requested

McKinsey admits to ‘several errors of judgment’ in Eskom deal

17 October 2017 By admin

McKinsey admits to 'several errors of judgment' in Eskom deal: McKinsey has admitted that it failed to follow its own administrative processes and made several lapses of judgment in its work for Eskom with Gupta-linked Trillian. The global consultancy firm released a statement on Tuesday apologising for the errors after conducting a four-month long internal probe. It … [Read more...] about McKinsey admits to ‘several errors of judgment’ in Eskom deal

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