Source: News Formal (newsformal.com)
Going direct seems reasonable to me.
So, bidding would have involved parties buying and selling electricity from Eskom? Whereas now they buy direct?
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Eskom pleads for tariff hikes and state bailout to avert disasterEskom CEO Phakamani Hadebe says the measures will pull the power utility back from 'debt cliff' CoruscaKhaya Eskom is a disaster already This guy has no plan none whatsoever. He hasn't got a clue how to fix this Eskom problem but I tell you what, he's happy for millions he's gonna get in cheques. Why must money be thrown at these entities all the time, every single year? End of this CEO's term, far deeper problems these people are ridiculous and Nersa too, they have been granting Eskom tariff hike approval when they don't deserve it.
Source: BDliveSA - 🏆 12. / 63 Read more »
Hadebe: 'If we keep running Eskom the same way, we're in trouble'CEO Phakamani Hadebe says even if it’s granted a 15% increase in the price of electricity, for three years, Eskom would still have an R50 billion debt hole to plug. Go make a loan by Bosassa, it’s free of charge and they’ll guard all your assets too 👍🏼 Why? Did we create this? HELL NO! SICK OF THE TAKING TAKING TAKING. Eskom_SA created this mess up! The people who created this mess up must be accountable. Ineffective management caused this! Not the people of South Africa. We are all battling as it is. Enough now! Our_DA The problem with this people of big name They eat money alone and after they want us less fortunate people to help them pay
Source: ewnupdates - 🏆 30. / 53 Read more »
Eskom boss says sorry, but begs for raised tariff to cover a R50bn shortfall | Cape ArgusEskom chief financial officer Calib Cassim said municipalities owed Eskom billions and that they were recovering them. TheCapeArgus 96 municipalities owe eskom 28 billion, Soweto alone 15 billion. Why must I now foot that bill? TheCapeArgus We blatantly stole and wasted your money and are are now broke!Please fill our coffers again!? After all we do have something you cant function without!! TheCapeArgus How do you say sorry while rubbing salt into our gaping wounds(purse). You can't even hold those that stole our money to account. Niphambene?
Source: IOL - 🏆 46. / 51 Read more »
Eskom teetering on brink of debt trap, Hadebe saysEskom CEO Phakamani Hadebe says that if the price of electricity is not increased over the next three years, the institution will struggle to improve its financial position. Useless mgt Plan to sell Eskom Teetering? It's past the point of return. Privatization of all SOEs is the only way forward.
Source: ewnupdates - 🏆 30. / 53 Read more »
Sorry SA, but we need more money, Eskom pleadsEskom is asking for a 15% tariff increase over the next three years I just do not understand this ESKOM CEO.Hy gee my nie Kop. They aren’t saying how they are cutting costs, dealing with illegal connections and the outstanding debt e.g. Soweto alone owes Eskom over R8bn Try Dubai that’s where the Eskom loot is
Source: BDliveSA - 🏆 12. / 63 Read more »
Eskom pleads its case with NersaThe struggling national power utility has been ailing for quite some time as the pressure continues to pile up. They must ask the guy who was bragging that his 'blood is blue' no money to Eskom please just absolute waste of taxpayers money Eskom_SA cost increase is killing and will kill many citizens and that is not right. you guys have fat salary packages & u should cut unnecessary cost. do way with housings allowances etc, you might save some millions. u cant keep paying allowances u dont afford
Source: eNCA - 🏆 49. / 51 Read more »
Eskom pleads its case with NersaThe struggling national power utility has been ailing for quite some time as the pressure continues to pile up. they must cut their salaries. NO increase.... eskom se poes ja!
Source: eNCA - 🏆 49. / 51 Read more »
Sorry SA, but we need more money, Eskom pleadsEskom is in a dire financial situation, with R350bn debt it is unable to service from the revenue it earns. Were there no prepayment to Gupta linked companies for non delivery of coal? Eskom needs to collect from them Oh goodness🤦🏻♀️why am I not surprised Sorry Eskom_SA, we need more accountability.
Source: TimesLIVE - 🏆 28. / 59 Read more »
We need higher tariffs to manage debt, but it won't solve the problem - Eskom CEOFin24 Then what exactly will solve eskom problems hmmmm? Fin24 or you could stop being so corrupt, and get back the money that was stolen from Eskom! Fin24 How much more debt directly due to corruption does this country and it's people have to sacrifice!! pathetic privatise
Source: News24 - 🏆 4. / 80 Read more »
Sorry SA‚ but we need more money: Eskom pleads for higher tariffEskom CEO Phakamani Hadebe made a desperate plea for higher Eskom tariffs over the next three years. Who’s fault is that? I hope eskom is watching what's happening in neighboring Zimbabwe, we will go to the streets too. This time hell breaks loose. We taking it to the street
Source: SowetanLIVE - 🏆 13. / 63 Read more »