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OVERVIEW: Eskom's plan to keep South Africa's lights on

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Minister of Public Enterprises Pravin Gordhan, Eskom CEO Phakamani Hadebe and chair of the Eskom board Jabu Mabuza.
Minister of Public Enterprises Pravin Gordhan, Eskom CEO Phakamani Hadebe and chair of the Eskom board Jabu Mabuza.
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03 Apr 2019

Eskom has a clear plan for the winter season and beyond to keep South Africa's lights on, Public Enterprises Minister Pravin Gordhan said in an update on the state of electricity supply at Eskom.

He said the country will experience a minimum of 25 days of stage one load shedding - if at all - until the end of August.

Gordhan also said the rate at which the power utility's electricity tariffs increase must be brought back to a level that is affordable.

The power utility explained that the recent bout of crippling power outages were due to high plant failures, units lost because of boiler tube leaks, depleted diesel stocks and the impact of the devastation that Cyclone Idai had on Mozambique.

More from the briefing:

Gordhan's top 5 quotes on Eskom's road ahead

Load shedding: Eskom's plan for winter and how it will keep the lights on

Gordhan: We will only implement Stage 1 load shedding from now until August

Watch the stream here:

03 Apr 2019

Gordhan says Eskom must bring back tariffs to the level that is affordable.

03 Apr 2019

Mabuza says that the cost analysis indicates that ditching plans to complete Medupi and Kusile will not be feasible

03 Apr 2019

These are the 6 objectives set out until the end of the year
These are the 6 objectives set out until the end of the year<br />

03 Apr 2019

“We will continue to fix design problems at the Medupi and Kusile power stations,” says Mabuza adding that it will be too costly to stop the build programme

03 Apr 2019

Mabuza says the utility is engaging with NERSA following the regulator’s decision on tariffs last month. We are looking at alternatives to address our funding issues.

03 Apr 2019

There are no plans to privatize at Eskom

03 Apr 2019

Mabuza says the utility is looking at other options of staffing

03 Apr 2019

The restructuring of the utility continues

03 Apr 2019

Mabuza says coal stock piles levels has improved.

03 Apr 2019

Gordhan: We will only implement Stage 1 load shedding from now until August

Public Enterprises Minister Pravin Gordhan said that should load shedding be implemented again, it will only be at the level of Stage 1 load shedding - at least up until August. He said Eskom presently had a nine-month plan and a winter plan to minimise load shedding.

03 Apr 2019

If there is load shedding, at most it will be at stage 1.

03 Apr 2019

Gordhan says the establishment of the Technical Task Team has been beneficial, but their work is not yet complete.

03 Apr 2019

We can also indicate to you what the next nine months will look like

03 Apr 2019

We can today demonstrate to you that we have a winter plan

03 Apr 2019

Since we last met, we have a better understanding of the challenges at Eksom

03 Apr 2019

Gordhan: The overview is good news

03 Apr 2019

In other news relating to Eskom: The price of Eskom electricity increased by 14%

Dawie Roodt, chief economist with the Efficient Group, said the Eskom tariff increase will be the first of many to come.

“Eskom is hopelessly bankrupt, it is corrupt and is massively overstaffed and the majority of their power stations would require billions of rand to get them to properly function. Without a doubt, they are simply going to keep on increasing their tariffs,” Roodt said.

“The situation at Eskom is dire – debts exceeding R420 billion, gross operational failures, general mismanagement and corruption is still very much the order of the day,” Roodt said.

03 Apr 2019

Load shedding: What we know about the state of the electricity system so far

South Africans will know more about the current status of the country's electricity supply on Wednesday, when Public Enterprises Minister Pravin Gordhan and Eskom board chair Jabu Mabuza address media at a power station 90 minutes outside of Johannesburg.

The department of public enterprises, under which Eskom falls, has not disclosed the name of the power station "for security reasons".

<p><strong>Load shedding: What we know about the state of the electricity system so far</strong></p><p>South Africans will know more about the current status of the country's electricity supply on Wednesday, when Public Enterprises Minister Pravin Gordhan and Eskom board chair Jabu Mabuza&nbsp;address media&nbsp;at a power station 90 minutes outside of Johannesburg.</p><p>The department of public enterprises, under which Eskom falls, has not disclosed the name of the power station "for security reasons". <strong></strong></p>
This is what we know about the state of the electricity system

03 Apr 2019

Why Eskom is unfixable

Eskom is unfixable. Every big decision taken around Eskom over the past three months has probably made matters worse. Let's start with the biggest of the (multitude of) problems. Money. Eskom has none, and the hole is getting deeper.

03 Apr 2019

SA law firm plans class action against Eskom over load shedding

The national load shedding crisis will shortly come under legal scrutiny, if a local law firm has its way.

Law firm De Beer Attorneys has called on businesses who have suffered financial losses to join a class action lawsuit against state owned enterprise Eskom. The company is convinced that it may have a winnable case.

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