With R95.4-billion owed as of November, the arrears could jeopardise Eskom’s plans to spin off its distribution unit, a move that it says is key to boosting efficiency and securing investment.
JOHANNESBURG — State-owned enterprise Eskom has prevented loadshedding for 300 days as of 21 January 2025. It aims to keep the lights on for 365 days straight. South Africans, though ...
Eskom Group Executive for Generation, Bheki Nxumalo, says eyes at the power utility are now firmly fixed on reaching a year without implementing load shedding - a target that is just slightly more ...
Russian state-owned Nuclear Cooperation Rasotom, a company that signed a Cooperation Agreement on a human-centric approach to personnel training with Eskom, has been hit by the US sanctions on the ...
South Africa has enjoyed an uninterrupted electricity supply for almost a year now, with Eskom reporting no load shedding since March 2024. For the latest Eskom-related news, bookmark The ...
Eskom said the average unplanned unavailability for this summer is about 11,500MW, which means no load-shedding is anticipated. In 2024, Eskom reached a significant milestone by suspending load ...
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A turnaround in the finances of Eskom has won praise from investors but they are keeping their eyes on one issue — the company’s struggle to recoup some $5 billion in unpaid electricity bills ...
A turnaround in the finances of Eskom has won praise from investors but they are keeping their eyes on one issue — the company’s struggle to recoup some R95 billion in unpaid electricity bills from ...
(Bloomberg) -- A rare moment of investor goodwill for South Africa’s most indebted company is being tested by its inability to collect a staggering $5 billion in unpaid bills from cities and ...