Eskom to get acting chief executive after Hadebe steps down

2019-07-05 19:56

South Africa’s struggling state-owned power utility will name an acting chief executive officer when incumbent Phakamani Hadebe steps down at the end of the month, according to a person familiar with the decision.

Hadebe was handed a poisoned chalice at debt-laden Eskom - expert

2019-05-26 14:56

Eskom chief executive officer Phakamani Hadebe is leaving the debt-laden power utility at the end of July, deepening a crisis that Goldman Sachs Group described as the biggest threat to the economy.

Eskom CEO's exit: No coincidence Hadebe resigned now, says energy analyst

2019-05-24 22:24

It is no coincidence that Eskom CEO Phakamani Hadebe has decided to resign at this point in time, energy analyst Chris Yelland tells Fin24.

Eskom CEO tries to allay fears of job losses in internal staff memo

2019-04-16 10:53

Eskom Group CEO Phakamani Hadebe says reducing the headcount of the debt-laden power utility cannot be avoided, but plans are in place to manage the process well.

'The whole country is counting on us': What Eskom boss told staff when stage 4 hit

2019-04-04 14:40

As the country faced a severely constrained electricity grid last month, Eskom COO wrote staff a memo, appealing to them to change course urgently in a bid to "save our organisation".

Load shedding threatens jobs, economic recovery, says consumer body

2019-03-20 10:35

Load shedding is posing a significant risk to economic recovery, warns the Consumer Goods Council of South Africa.

The Eskom break-up explained: What we know so far

2019-02-07 23:17

President Cyril Ramaphosa announced on Thursday evening that debt-laden power utility Eskom would be split into three separate entities – generation, transmission and distribution – which would still fall under the company Eskom Holdings.

Corruption, state capture behind Eskom's downfall, Nersa hears

2019-01-14 19:52

The National Energy Regulator of South Africa heard calls to launch its own probe into Eskom during public hearings on Monday.

We must apologise to South Africans for 'avoidable' challenges - Eskom CEO

2019-01-14 10:01

Eskom CEO Phakamani Hadebe has apologised to South Africans for what he called "avoidable challenges" such as load shedding.

Eskom is said to extend job cuts beyond top tier of management

2019-01-04 18:26

Eskom will extend its strategy of trimming top executive positions to include lower ranking managers and finally the general workforce, according to a person familiar with the plans.


Eskom appoints new head of generation

2019-06-19 13:31

Bheki Nxumalo, the acting CEO of Eskom Rotek Industries, has been appointed the power utility's new group executive in charge of generation.

The toughest CEO job in South Africa is open. But who wants to lead Eskom?

2019-05-25 15:17

The top job at embattled power utility Eskom is open again for the 11th time in a decade and it’s unclear anyone is ready to fill it.

Eskom CEO resigns due to 'unimaginable demands' impacting his health

2019-05-24 18:45

Phakamani Hadebe has announced his sudden resignation as Eskom's chief executive officer, the power utility confirmed to Fin24.

BUSA to lend government a helping hand with Eskom

2019-04-04 18:51

Business Unity South Africa has promised to support President Cyril Ramaphosa in efforts to stabilise electricity supply in the country and secure Eskom's sustainability, the Presidency has said.

Eskom CEO: 30 companies must pay us back for poor workmanship

2019-03-29 12:52

Eskom CEO Phakamani Hadebe says the power utility has identified some 30 companies which must pay it back for poor workmanship on power plants.

Eskom CEO says debt swap the best option to rescue utility

2019-02-08 14:01

The easiest way to rescue the beleaguered state-owned power utility would be for the government to assume part of its R419bn debt, says Chief Executive Officer Phakamani Hadebe.

Govt said to want Eskom to table turnaround strategy before Budget

2019-01-17 11:18

The government is pushing Eskom to present a credible turnaround strategy before the National Budget on February 20, a person familiar with the situation said.

We need higher tariffs to manage debt, but it won't solve the problem - Eskom CEO

2019-01-14 13:08

Eskom CEO Phakamani Hadebe has said that higher tariffs will not solve Eskom's debt problems, entirely.

Second member resigns from Ramaphosa's Eskom Task team

2019-01-10 09:11

A second member of President Cyril Ramaphosa's task team on Eskom has stepped down, the presidency spokesperson Khusela Diko confirmed.

Eskom says coal stocks have improved, but load shedding risk remains

2019-01-03 13:55

The state power utility says while it boosted coal stock levels and carried out maintenance at power stations over the festive period, but there's still no guarantee there won't be load shedding later in January.

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