Eskom aims to cut its debt load by more than half to R200bn

2020-05-21 16:00

The energy giant has implemented a number of measures to reduce its R450 billion debt, but an analyst calls the plans little more than a "paper exercise."

Malema urges Andre de Ruyter to take firm charge of troubled Eskom

2020-02-28 20:33

EFF leader Julius Malema has urged Eskom CEO Andre de Ruyter to take charge and work for the people, claiming that allowing independent power producers to enter the market would collapse the power utility.

De Ruyter: Eskom debt will not simply disappear - we need money from somewhere

2020-02-18 21:33

Eskom CEO Andre De Ruyter said that the power utility's debt burden must be addressed as it is not following a sustainable business model.

De Ruyter cracks whip at Eskom: Lifestyle audits extended to lower level staff

2020-02-16 07:03

Eskom’s new CEO, Andre de Ruyter, has cracked the whip at the troubled power utility, extending lifestyle audits to lower level staff, in a renewed push to clean up graft and wastage.

Eskom says it won't be suspending power cuts for afternoon rush hour

2020-02-05 13:00

The utility says it is still in the process of replenishing its emergency reserves.

Mining’s investment pool is shrinking, Rio says

2020-02-04 11:13

Rio Tinto Group Energy and Minerals CEO Bold Baatar says investment capital available to mining companies is shrinking as the economic boom in China slows.

Eskom CEO says boards of separate divisions may be finalised next week

2020-01-31 10:59

The plan to split the power utility into three operationally independent entities was announced by Ramaphosa in his State of the Nation address in February 2019.

Eskom CEO plans operations overhaul with slower breakup mulled

2020-01-27 10:01

Andre de Ruyter, will this week present a draft plan to change how the power utility operates, as media reportw he’s considering unbundling the utility at a slower pace than envisaged by the government.

Q&A with the new spokesperson for Eskom, Sikonathi Mantshantsha

2020-01-24 05:00

We chatted to the new spokesperson for Eskom, Sikonathi Mantshantsha, who relates how he became a journalist by accident, years before he began penning devastating exposés about the power utility.

Steely Gordhan to his enemies: I am executing the president's project, leave me alone

2020-01-22 07:35

Public Enterprises Minister Pravin Gordhan says his enemies and opponents must leave him alone so he could do his job of saving Eskom, SAA and other state companies.


EFF pressures Eskom CEO with lawyer's letter

2020-03-11 10:24

André de Ruyter cannot allow Eskom to conduct business with any of the four suppliers that the CEO admitted to recommending, the EFF says.

Eskom faces closure threat at biggest working power plant

2020-02-25 14:40

The utility was served with a compliance notice by South Africa's environment ministry because of its high levels of air pollution in December.

MPs fume after Eskom board misses Parliamentary oversight meeting

2020-02-18 14:19

The struggling power utility's board failed to appear before Parliament's oversight committee on public accounts on Tuesday, much to the chagrin of MPs.

Adriaan Basson: Ramaphosa dare not raid the pensions of teachers and nurses to save Eskom

2020-02-10 05:51

Here’s the rider in the plan Ramaphosa will have to explain to the nation if he pushes it through: no Eskom employee may be retrenched. Eskom has 46 000 employees and an annual salary bill of R30bn, writes Adriaan Basson.

Eskom CEO says he wasn't aware Mantashe would announce idea for new power generation entity

2020-02-04 16:49

The minister of mineral resources and energy said on Monday he had invited investors to either partner with the state or invest on their own in the creation of an alternative power generation entity.

Brace yourselves for more load shedding, warns De Ruyter

2020-01-31 12:41

The Eskom CEO says the utility cannot afford to further defer scheduled maintenance at its ageing fleet of power plants.

Eskom CEO says entry of IPPs onto grid to cost R18 billion

2020-01-28 08:41

Andre de Ruyter says said that while he favours letting companies generate their own power, there will be significant initial costs.

The president’s man: Eskom, and how Pravin Gordhan navigates treacherous political waters

2020-01-24 08:00

He seems to be under constant pressure, with calls for his dismissal being made daily and from all quarters. But Pravin Gordhan, the minister of public enterprises, seems pretty unflappable, writes Pieter du Toit.

ANALYSIS | Gordhan, De Ruyter on Eskom crisis: 'We've got this'

2020-01-22 09:19

News24 has interviewed Gordhan and De Ruyter about the Eskom crisis separately, within hours of one another, and the similarities in their outlooks are striking.

EXCLUSIVE | De Ruyter: Eskom is like a bicycle with the chain off

2020-01-21 16:25

New Eskom CEO Andre de Ruyter has likened Eskom to a bicycle with a chain off, with its cyclist out of the saddle to boot.

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