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South Africa: Sugar Company CEO Dan Marokane to be Named as Head of Power Utility - Reports
allAfrica, 8 December 2023
Dan Marokane is set to be appointed as chief executive officer of power utility Eskom, South African news website News24 reports. Read more »
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South Africa: Power Utility Forecasts More Crippling Blackouts Over the Coming Months
Daily Maverick, 27 November 2023
Eskom officials have forecast that there will be rolling blackouts (between stages 1 and 3) every day during December and January -- except for six days. And that is the best-case… Read more »
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South Africa: Banks and National Treasury Challenge Claims of Currency Manipulation and Market Collusion
Daily Maverick, 27 November 2023
National Treasury has argued that the alleged actions of banks to manipulate the dollar-rand exchange pair from 2007 to 2013 were not the main cause of the local currency… Read more »
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South Africa: Stage 4 Load Shedding Until Saturday
SAnews.gov.za, 27 November 2023
Eskom has announced that it will implement Stage 4 load shedding from 2pm on Monday until 5am on Saturday morning. Read more »
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South Africa: Eskom Reduces Load Shedding to Stage 4
SAnews.gov.za, 26 November 2023
Eskom has seen a significant improvement in its generating capacity due the return of some generating units that were lost to service and the replenishment of emergency reserves at… Read more »
New CEO on Cards For South African's Eskom But Power Cuts Remain
Dan Marokane is set to be appointed as chief executive officer of power utility Eskom, South African news website News24 reports. Marokane is currently CEO at sugar producer Tongaat-Hulett and was previously head of group capital at Eskom.
Eskom has been without a CEO since the resignation, and then early dismissal of Andre de Ruyter in February 2023.
Officials at power utility Eskom, recently delivered a presentation to the Consumer Goods Council of South Africa, an industry body representing the country's biggest retailers, detailing that South Africa will still be subject to deep power cuts in December 2023 and January 2024.
A forecast by Eskom officials on the state of the country's electricity system has shown that there will be consistent blackouts, contradicting the recent claims made by Electricity Minister Kgosientsho Ramokgopa.
South Africa continues to face power cuts which have been ongoing since 2007, due to failing infrastructure, corruption and mismanagement at the national power utility.
InFocus
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Eskom board chairperson Mpho Makwana is expected to step down from his role at the power utility. This was announced by the Department of Public Enterprises in a statement. Makwana ... Read more »
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According to Scrolla, power utility Eskom failed to disclose that South Africa was plunged into Stage 8 load shedding last week. The embattled power utility then ann Read more »
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The Treasury has withdrawn the decision which allowed Eskom to forego reporting irregular or wasteful expenditure. According to Finance Minister Enoch Godongwana, the decision was ... Read more »
