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President Cyril Ramaphosa should replace the existing board with credible engineers and community representatives, says NUM media officer Luphert Chilwane.
Talks around restructuring Eskom's bonds must be approached carefully to avoid spooking the market, according to S&P Global Ratings.
A leaked Eskom vision and strategy document, apparently prepared by the Boston Consulting Group for Eskom, has revealed the next steps of a long-awaited restructuring and turnaround plan for the embattled utility.
Jabu Mabuza is officially the 10th CEO to walk the corridors of the power utility's head offices in 10 years. On the back of Phakamani Hadebe's exit this week, Fin24 takes a look at Eskom's revolving door of CEOs and acting CEOs and where they are now.
Wednesday is Phakamani Hadebe's last day in office as Eskom's Chief Executive Officer. Here is a roundup of key quotes from his last presentation on the job.
Finance Minister Tito Mboweni has warned that additional funding of R59bn allocated to debt-ridden power utility Eskom will come at a 'significant' cost to the fiscus.
The risk of South Africa’s struggling state power utility going bust doesn’t appear to faze one of its biggest creditors: the World Bank.
Is Public Enterprises minister Pravin Gordhan creating a Gordian knot at Eskom? asks Ferial Haffajee.
Trade unions have said that there have been no formal meetings with Eskom to discuss what the unbundling of the power utility will mean for workers - four months since it was first announced.
The DA has slammed Eskom as an unviable "black hole", while other reports claim the entity has an ambitious rescue plan.
Fixing loss-making power utility Eskom is complex and it will take time for the government and the company to agree to a plan, according to Moody’s Investors Service.
NUM is standing its ground against unbundling, and says a recent meeting with Eskom management over its turnaround strategy was a plan to "co-opt" the union.
Eskom's Chief Restructuring Office has begun its work, and the power utility has started implementing key recommendations of the technical review team to ensure power stations remain operational.
If this is the best plan Pravin Gordhan and Cyril Ramaphosa can come up with after so many months, we should be very worried, says Ferial Haffajee.
Among the first items on the new Eskom Chief Restructuring Officer's to do list will be tackling the power utility's debt burden and engaging investors - and accounting body SAICA says it is standing by to assist.
Eskom is due to pay over R900m in interest to Nedbank Corporate and Investment Banking before the end of the month, it said in a notice on Wednesday evening.
There is no more time for ideological debates when it comes to reforms for the power utility, those close to the process say.
Public Enterprises Minister Pravin Gordhan announced on Tuesday that Eskom's unbundling will go ahead and that there was no deviation from that plan.
President Cyril Ramaphosa has said the government won’t cut jobs at state power utility, Eskom, as it divides the company into three separate businesses.
Naspers on Monday announced that it is creating a new company that will hold all its overseas internet companies.
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