Source: Loan Digest (loandigest.net)
The death spiral.
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Ramaphosa's Eskom task team loses another memberSy Gourrah resigned reportedly because her company does a lot of work with Eskom and she asked to be recused as soon as her appointment was announced. Lol We commend the integrity displayed by this individuals. South Africa needs such selfless people to move forward not what was common in past Zuma regime
Source: ewnupdates - 🏆 30. / 53 Read more »
NEWS ANALYSIS: Election politics leave drained Eskom flickeringThe ANC faces a backlash from unions if it implements asset restructuring and retrenchment process at the power utility 🤭
Source: BDliveSA - 🏆 12. / 63 Read more »
Eight new senior appointments at cash-strapped EskomDespite putting at least ten senior executives under the axe in a bid to trim employees and minimise its bloated top management, Eskom has appointed eight executives and senior managers to a new operations team. Thats y they want 45% increase so they can get there fat cat salarys . Cut the executives salary dont give them bonuses you will save millions These are all critical functions people. You counting acting appointments too?
Source: TimesLIVE - 🏆 28. / 59 Read more »
Eight new senior appointments at cash-strapped EskomAt the time, Eskom’s spokesman, Khulu Phasiwe, said something had to be done to decrease the energy producer’s cost base and that the unions, in a bid to save workers’ jobs, had singled out management structures if retrenchments were to take place. 🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮 Why can't they cut the salary of big bosses?
Source: SowetanLIVE - 🏆 13. / 63 Read more »
Hearings on Eskom's proposed tariff hike to start todayThis is on top of the 4.41 percent hike already granted to Eskom by Nersa.
Source: eNCA - 🏆 49. / 51 Read more »
We must apologise to South Africans for 'avoidable' challenges - Eskom CEOEskom CEO Phakamani Hadebe has apologised to South Africans for what he called 'avoidable challenges' such as load shedding. Fin24 Already 6 power failures in 2019. Longest 35 hours. Everything in freezer ruined. AGAIN. November/December also 6 failures, longest was 41 hours. This time I am claiming from Eskom, including security guards I had to hire because alarm battery ran flat.Spoiled my holiday! Fin24 Avoidable. Running a power station takes the following simple steps 1 Water 2 Coal 3 Scheduled regular maintenance 4 Qualified on site staff 4 simple little steps per power station, and you could not get that right. Thats all, replicated across the installed stations Fin24 Yes but we will not allow that few people do evil the rest of us had to paid for it. zerotariffshike
Source: News24 - 🏆 4. / 80 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 »