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Eskom explains its annual electricity tariff hike application | IOL Business ReportDue to various factors, the tariff was increased at below inflation for the past two years which has impacted the current price of electricity.
Source: IOL - 🏆 46. / 51 Read more »
Another Eskom task team member leaves | IOL Business ReportAnother member of Eskom's special task team has stepped down the Presidency spokesperson Khusela Diko said on Thursday.
Source: IOL - 🏆 46. / 51 Read more »
Eskom is being handled, says Ramaphosa ahead of Davos tripThis is the message that President Cyril Ramaphosa sent to businesses community and the public during a breakfast in Rosebank, on Wednesday. How?
Source: SowetanLIVE - 🏆 13. / 63 Read more »
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Source: SABC News Online - 🏆 32. / 51 Read more »
Ramaphosa to meet security cluster depts, Eskom sustainability task teamThe Presidency’s Khusela Diko says President Ramaphosa made a commitment in his Sona in 2018 to visit every government department.
Source: ewnupdates - 🏆 30. / 53 Read more »
KHAYA SITHOLE: Eskom is too important to fail but it’s time Cyril Ramaphosa cracks the whipKHAYA SITHOLE: Eskom is too important to fail but it’s time Cyril Ramaphosa cracks the whip 🔒 The state reserves the right to monopoly supply of energy to the country . That's what needs to change . You can crack that whip a thousand times and the result will be same.
Source: BDliveSA - 🏆 12. / 63 Read more »
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 »
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 »
CAROL PATON: When Eskom says jump, taxpayers ask: how high?A bailout is unavoidable, but will it be considered credit neutral or result in a ratings downgrade?
Source: BDliveSA - 🏆 12. / 63 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 »