Debt-laden State-owned power utility Eskom confirmed on Thursday that it would be offering senior employees voluntary separation packages during March and April in an effort to lower overhead costs. It reiterated, however, that it had no intention of i…
Eskom sets aside R400m for voluntary separation offer to senior employees Read More »
Organised business has urged President Cyril Ramaphosa to use his upcoming State of the Nation Address (SoNa) to announce that the regulations needed to enable “private sector energy generation at scale” will be put in place urgently by Mineral Resourc…
The opposition Democratic Alliance has written a letter to Trade and Industry Minister Ebrahim Patel calling on him to brief lawmakers about developments at steel group ArcelorMittal South Africa, which recently warned of additional job cuts at the com…
Patel asked to brief lawmakers on government’s response to ongoing steel job cuts Read More »
Judge Jody Kollapen on Monday turned down Eskom’s application for urgent relief in relation to the National Energy Regulator of South Africa’s controversial treatment, in its most recent tariff determination, of the R69-billion in government support an…
Eskom loses R69bn urgent-relief battle, but war continues Read More »
Steel producer ArcelorMittal South Africa (AMSA) slumped to a R3.3-billion headline loss in 2019, which the JSE-listed group described as an exceptionally difficult one for the South African economy and also the most challenging for the world steel ind…
AMSA slumps to R3.3bn loss amid ‘exceptionally difficult’ conditions Read More »
Outside of the courts, Eskom and the National Energy Regulator of South Africa (Nersa) have resumed normal hostilities on their more customary playing field of public hearings, with initial oral representations heard on Monday into the State-owned util…
Eskom and Nersa resume normal hostilities as RCA hearings begin Read More »
State-owned power utility Eskom reported on Friday that it had received a letter from Environment, Forestry and Fisheries Minister Barbara Creecy granting its emissions-breaching Kendal power station another two months to comply with the country’s mini…
Kendal given another two months to comply with air-pollution standards Read More »
The board at State-owned electricity utility Eskom has sanctioned a proposal to migrate the group’s unreliable coal fleet to a ‘philosophy maintenance’ model, whereby generation units are serviced in strict adherence with prescribed maintenance schedul…
Eskom’s transition to ‘philosophy maintenance’ will increase load-shedding risk for at … Read More »
Eskom’s new CEO is not overly troubled by the prospect of shareholder intrusion in the State-owned electricity utility, saying that a high level of shareholder scrutiny is to be expected given the current crisis at the organisation. The only way to ens…
‘Significantly enhanced shareholder scrutiny’ to be expected, Eskom’s De Ruyter says Read More »
Eskom’s new CEO is not overly troubled by the prospect of shareholder intrusion in the State-owned electricity utility, saying that a high level of shareholder scrutiny is to be expected given the current crisis at the organisation. The only way to ens…
‘Significantly enhanced’ shareholder scrutiny to be expected, Eskom’s De Ruyter says Read More »
