News24.com | LIVE: The state of SA\'s electricity supply

LIVE: Eskom to shed light on state of SA's electricity

2019-04-03 13:57

Public Enterprises Minister Pravin Gordhan and Eskom board chairperson Jabu Mabuza are expected to give an update on the status of electricity supply in South Africa.

3D Electric power lines over sunriseÿÛ
LIVE NEWS FEED

Jump to
bottom

Last Updated at 14:25
14:21

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.


14:19

14:05

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".


14:03

14:00

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.


13:59

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.

Load Older Posts

Jump to
top