finweek
Gift an article

Politicians trying to hijack Eskom

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
0:00
play article
Subscribers can listen to this article

Eskom’s CEO, Andre de Ruyter, is under attack, and it’s not just his fate which hangs in the balance. If he is removed and loadshedding stopped, the fragile electricity grid which he has battled so hard to protect may collapse, plunging the entire country into a catastrophic national blackout.

Many South Africans have failed to realise that the state-owned utility’s ageing coal-fired plants, like a fleet of neglected old cars, will never perform as they did early in their lifetimes. The sad truth is that the country will have intermittent loadshedding for the next three years, probably longer.

The energy availability factor of Eskom’s coal fleet — which measures the effectiveness of power plants — plunged to 57.42% in the week ended 6 November, from well above 65% during the same week last year.

Read this for free
Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
Try FREE for 14 days
Already a subscriber? Sign in
Rand - Dollar
17.77
-1.2%
Rand - Pound
21.44
-1.3%
Rand - Euro
19.03
-1.0%
Rand - Aus dollar
12.30
-0.7%
Rand - Yen
0.14
-0.9%
Platinum
972.00
-1.5%
Palladium
1,643.39
-0.6%
Gold
1,874.34
+0.0%
Silver
22.27
+0.4%
Brent Crude
83.69
+3.2%
Top 40
73,968
+0.7%
All Share
79,976
+0.6%
Resource 10
74,722
+0.2%
Industrial 25
103,851
+1.2%
Financial 15
16,339
+0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders