Eskom sweats as Trillian buys time

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🔒 A delay in Eskom’s battle to claw back the millions of rands it lost to Gupta-linked Trillian could further hurt the ailing power utility, the high court in Pretoria heard this week.

Source: News Formal (newsformal.com)

 

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Tokyo Sexwale linked-Trillian ,why mention Gupta's only. Be fair in your reporting,no to favouritism

Its a little to late

Which investors?

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'I have been abandoned,' says Trillian CEO Eric WoodAs a cash-strapped Eskom battles to keep the lights on, Eric Wood, the former business partner of Gupta kingpin, Salim Essa, says he has been left to wage a R600-million State Capture battle against the power utility all on his own.
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Matshela Koko questions Eskom's failure to meet demand | IOL NewsFormer Eskom head of generation Matshela Koko is questioning how the embattled power utility can fail to meet the demand for electricity.
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WATCH | Four moments that gave us the feels in 2018Forget Eskom and the Gupta family, there have been moments of joy in Mzansi. TIMES is hard, fam. TIMES is hard President shedding, minister shedding, load shedding and TRUTH shedding... We agree
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'Eskom should not be repeating the same mistakes' Phasiwe - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom spokesperson Khulu Phasiwe says the problems plaguing Eskom should be not happening, this as the power utility has implemented stage two of load-shedding on Monday. I eskom ukube bane competition ngabe ayikho yonke lento
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SA needs to bail out Eskom, says former Eskom adviser RothschildEskom’s debt has ballooned from around R106 billion to more than R419 billion over the past decade, while electricity sales have fallen. Are you offering to fund it Mr Rothschild? Angling for more 'consulting' revenue? Where did the last bailout they advised on get us?
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Eskom pension fund CEO resigns for ‘personal reasons’Meanwhile, at the ANC lekgotla, forcing pension funds to invest in SOEs, such as the debt-ridden Eskom, was suggested
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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
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Ramaphosa appoints eight-person panel, including former CEO Brian Dames, to advise on Eskom crisisAccording to a statement by the presidency, the committee will issue its report before the end of January 2019 Privatization inevitable Good move. Even tho Brian Dames is the catalyst to eskom downfall. He firstly, created the monster that is koko_matshela n 2nd went on TV n told the world that Eskom will be paying high prices for coal n pushed for approval of the medium term mandate that was used to loot eskom. What a joke.
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Load-shedding not worst case scenario: Eskom CEO - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom is hoping that by the end of March next year it would have done enough to mitigate its financial and power challenges facing the power utility.
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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
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