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South Africa: Govt to Give R23bn to Embattled Eskom
SAPA, 13 February 2015
Stabilising Eskom's finances is a priority and the power utility will be given R23 billion to do so, President Jacob Zuma announced on Thursday. Read more »
Eskom, Africa's biggest energy giant, will receive a government bail-out to upgrade ailing infrastructure that has led to nationwide load shedding exercises.
Eskom Megawatt Park.
Eskom has said that its decision to schedule power cuts in order to conduct maintainence of generating units is "the right thing to do". Read more »
Power utility Eskom has initiated blackouts to reduce strain on the national grid. Read more »
Eskom, South Africa and Africa's largest energy provider, is seeing a sharp drop in profits as it struggles to keep South Africa's lights on. Read more »
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