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South Africa: Not All Doom and Gloom At Eskom - Molefe
News24Wire, 11 August 2015
Eskom's financial year until the end of March 2015 was unusually challenging, leading to the financial and operational health of the business deteriorating, according to acting CEO… Read more »
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South Africa: Eskom Blames Lower Tariff Hike for Revenue Shortfall
News24Wire, 11 August 2015
Eskom experienced a revenue shortfall in its financial year 2014/2015 due to challenges created by the multi-year price determination of the National Energy Regulator (Nersa) that… Read more »
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South Africa: Theft, Customer Debt Heavy Burden On Eskom
News24Wire, 11 August 2015
Eskom's arrear customer debt has increased across all segments over the past financial year, with approximately 38% of debt being outstanding for more than 60 days. Read more »
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South Africa: Eskom Turning the Corner
SAnews.gov.za, 6 August 2015
Eskom is turning the corner following decisive interventions in the past year that culminated in a new board being appointed, says Public Enterprises Minister Lynne Brown. Read more »
South Africa: Not All Dark for Eskom, Results Reveal
Eskom CEO Brian Molefe has said that the the power utility faces a combination of significant and interrelated problems.
Eskom's cash reserves declined due to large amounts spent on diesel for the OCGTs as well as a significant increase in arrear municipal and residential customer debt, particularly in Soweto (file photo).
InFocus
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The National Energy Regulator of SA has denied Eskom's request to increase electricity prices. Read more »
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The power utility, Eskom, has created an uproar by seeking a price hike of 25 percent amidst continued nation-wide power cuts. Read more »
