Eskom: CPI related tariff hike will ruin us

2017-11-20 19:09

Eskom has not backed down from its original request for a 19.9% increase, despite a flood of opposition as Nersa concluded its hearing on whether the state utility should be granted a steep tariff hike.

Eskom’s cost calculations on renewables - more nuance

2017-11-20 15:57

Eskom’s views about the financial implications of renewable electricity projects have been criticised.

The energy transition – A threat or an opportunity?

2017-11-19 06:07

When the long-awaited Integrated Resource Plan is released for public comment next week, the primary focus will be on whether or not ­– and how much – nuclear energy is included in South Africa’s energy mix, write Davin Chown and Mike Levington.

Brian Molefe joins the army

2017-11-19 05:58

The beleaguered Brian Molefe has managed to progress from alleged Gupta lieutenant to a highly paid military colonel.

Eskom tariff hike: Job losses loom large

2017-11-17 16:51

Huge job losses await South Africa if Eskom’s requested tariff hike is granted, energy regulator Nersa has heard at hearings.

Eskom: Caught between a bailout and a tariff hike

2017-11-16 15:43

Eskom executives' plea for a tariff hike of 20%, has been met with a tough response from members of the National Energy Regulator of South Africa.

Eskom is set to make massive loss, report shows

2017-11-16 07:03

The low electricity price increase granted by Nersa and declining sales volumes, rising costs and debtor payment challenges are putting Eskom’s revenue, cash flow and bottom line under severe pressure.

Brown, Eskom board to face state capture inquiry - source

2017-11-15 13:22

Next week has been set aside for those accused of state capture, a Parliamentary source speaking on condition of anonymity has told Fin24.

Defence adamant DNA will exonerate Thembisile Yende murder accused

2017-11-15 12:03

The defence attorney for David Ngwenya, who stands accused of killing Eskom employee Thembisile Yende, remains adamant that the outstanding DNA results will exonerate his client of the charges.

Top5 on Fin24: Brown under attack in state capture probe, and Ramaphosa wants 'New Deal'

2017-11-14 17:26

ICYMI: A roundup of Tuesday's top financial and economic stories.


Former Eskom chiefs Molefe and Tsotsi to face Eskom inquiry

2017-11-20 16:01

Former Eskom CEO Brian Molefe and ex-chair Zola Tsotsi will give evidence in the Eskom inquiry conducted by Parliament’s public enterprises portfolio committee.

Fear of jobs bloodbath over Eskom tariff hike

2017-11-20 06:00

An economists warns that Eskom's proposed 19.9% electricity hike will result in job losses in the steel and engineering sector, which has already suffered more than 25 000 job cuts over the last three years.

Eskom 'going down and under very, very fast'

2017-11-19 06:07

With a new report detailing how Eskom is wasting billions of rands constructing power stations to supply electricity for which there is no demand, the state utility is “going down and under very, very fast”, says energy adviser.

Fitch puts Eskom on Rating Watch Negative

2017-11-17 21:30

The ratings agency said it expected Minister of Public Enterprises Lynne Brown to appoint a permanent Eskom board before the end of November.

Eskom powers ahead with nuclear plans, report shows

2017-11-17 14:26

Despite terminating its nuclear new build request for information in 2017 following a court decision, Eskom is powering ahead with plans in preparation for the tender programme to be rebooted.

To save Eskom from ruin, SA should ditch nuclear plan and cut coal power - study

2017-11-16 12:54

Eskom should cut down on its coal power network – including curtailing work at Kusile – and should not embark on any new nuclear, gas or coal building programmes if it wants to save itself from financial ruin, a new study has found.

EXCLUSIVE: Brown says she never saw Molefe's pension letter

2017-11-15 19:12

Public Enterprises Minister Lynne Brown has in court documents denied receiving a letter written in November 2015 that set out former Eskom boss Brian Molefe's highly controversial pension package.

Eskom inquiry: Motion of confidence in Vanara

2017-11-15 12:54

Members of the Public Enterprises Committee has called for a motion of confidence in advocate Ntuthuzelo Vanara who is currently the evidence leader of the inquiry into state capture at Eskom.

Tariff hike could save Eskom - Treasury

2017-11-15 06:01

National Treasury says the national regulator’s decision on whether to grant Eskom a tariff hike, as well as R60bn in clawback tariffs, could help improve the state utility’s liquidity squeeze.

Brown: Eskom liars will be charged

2017-11-14 15:55

Minister of Public Enterprises Lynne Brown says Eskom officials who misled her about state capture should be charged, after being accused of protecting executives involved in state capture.

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