Fitch drops outlook on Eskom to negative

2016-12-08 18:46

Fitch Ratings has revised the outlook on Eskom to negative from stable, while affirming its long-term local-currency issuer default rating.

Eskom escapes Moody’s ratings downgrade

2016-12-05 19:56

Moody's Investors Service has confirmed Eskom's rating after placing it on review for a downgrade.

Koko steps in as acting Eskom CEO

2016-11-30 16:56

Matshela Koko will take over acting Eskom CEO after Brain Molefe quit the power utility following the damning state capture report.

Eskom downgrade: Call for forensic probe

2016-11-28 18:13

A forensic investigation should be conducted into Eskom in the wake of it being downgraded by S&P, says the Organisation Undoing Tax Abuse.

Stalled nuclear plan exposes Zuma’s waning power

2016-11-23 14:46

While President Jacob Zuma says reactors are key to addressing power constraints, Finance Minister Pravin Gordhan, economists and ratings firms warn that South Africa can’t afford them now.

Eskom to push ahead with nuclear despite proposed delay

2016-11-22 17:19

Eskom says it will publish its 9.6 GW nuclear plant request for proposals within the next six weeks, despite a new proposal that new nuclear energy should only start coming online in 2037.

Eskom could cut electricity to Zim over cash crunch - CEO

2016-11-21 19:38

The CEO of Zimbabwe's power utility Zesa says cash shortages could plunge Zimbabwe into darkness as Harare battles a cash crunch.

Funding for school infrastructure could cost R98bn

2016-11-14 19:06

Uplifting the infrastructure of schools will cost R98bn, according to estimates by the Department of Basic Education made as far back as 2013.

Call for SA to halt energy decisions

2016-11-04 16:28

Minister of Energy Tina Joemat-Pettersson must halt all future new energy requirement decisions, says the Organisation Undoing Tax Abuse.

Updated energy plans to be open for public comment - cabinet

2016-11-03 13:10

Long-awaited and outdated energy plans will soon be in the public eye for input into the future of South Africa's energy needs, according to Cabinet.


Department of Energy not credible – Outa

2016-12-08 05:31

Outa calls for more transparency with the draft Integrated Resources Plan, noting that the rushed public participation process is bordering on becoming illegal.

PE political parties lead march against electricity cuts

2016-12-05 05:48

Nearly 1 500 Port Elizabeth residents had marched to the City Hall to hand over a petition to recently elected mayor, Athol Trollip.

Draft energy plan is lightweight, superficial and dangerous - Yelland

2016-11-30 07:20

It is obvious that the artificial constraints on solar and wind in the draft IRP base-case is a political decision rather than a rational planning decision, says Chris Yelland.

S&P downgrades Eskom over financial risks

2016-11-25 18:45

S&P Global Ratings has lowered Eskom’s long-term corporate credit rating by one notch, citing increased financial pressures.

Govt's gas push for electricity shocks Necsa

2016-11-22 18:59

The SA Nuclear Energy Corporation has been caught unawares by the Department of Energy's new energy proposal, which relies on gas as a base power source.

Energy battle set as nuclear delay on cards - as it happened

2016-11-22 09:02

Eskom's Matshela Koko has pleaded with South Africans to take the politics out of nuclear and just consider it on its merit.

How Eskom could help implode SA’s economy

2016-11-18 10:41

What Eskom does in the next few weeks to facilitate an open electricity sector, or not, may determine the country’s sovereign credit rating for years to come.

Presidency distances itself from PPA reports

2016-11-07 19:18

The Presidency has rejected reports that President Jacob Zuma has tasked two ministers to convince Eskom CEO Brian Molefe to sign off on the power purchase agreements with Independent Power Producers.

Eskom: We did not favour Tegeta

2016-11-04 12:38

Power utility Eskom says it firmly rejects the suggestion that Tegeta is favoured, or that due process was not followed.

Gupta's Tegeta 'repaid' prepayment loan - Eskom

2016-10-19 18:35

A controversial prepayment loan for coal to Tegeta Exploration and Resources - a Gupta family-controlled company - has been 'repaid in full', says Eskom.

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