Eskom: All OK, but keep on saving

(File)
(File)
Shutterstock [http://www.shutterstock.com]

Johannesburg - Eskom has called on all customers to reduce electricity usage, especially in the early evening (17:30 - 18:30).

It said power supply was expected to remain constrained but stable the rest of the week, as well as over the rest of the festive season.

The utility said the risk of load shedding was low, but the system remained vulnerable, meaning that any extra load or faults in the system might necessitate the need to implement load shedding.

It said with many industries winding down for the festive season, coupled with the return to service of some of the power generating units and building up of emergency reserves, Eskom was cautiously confident that it would be able to meet the demand during the holidays.

ZAR/USD
17.44
(+0.16)
ZAR/GBP
22.74
(+0.41)
ZAR/EUR
20.57
(-0.18)
ZAR/AUD
12.50
(-0.01)
ZAR/JPY
0.16
(+0.59)
Gold
1914.72
(+0.48)
Silver
25.45
(+2.51)
Platinum
928.99
(+0.92)
Brent Crude
44.46
(-1.09)
Palladium
2134.99
(+2.60)
All Share
57417.28
(+0.44)
Top 40
53126.54
(+0.56)
Financial 15
10139.85
(-0.74)
Industrial 25
76210.18
(+0.91)
Resource 10
58992.57
(+0.54)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 976 votes
It depends on how the funds are used.
74% - 6473 votes
No. We should have gotten the loan elsewhere.
15% - 1342 votes
Vote