The World Cup-winning Springbok Marco van Staden has agreed to and signed a further three-year contract extension deal which will keep him at the Bulls until 2027. The 28-year-old returned to Loftus Versfeld in 2021 after a successful spell at the Leicester Tigers in England and signed an initial two-year deal, which has seen him … Read more
Based on financial performance, there are seven ‘finalists’ when it comes to South Africa’s worst-performing state-owned enterprises (SOEs). This is according to Moneyweb, who have published a list where “the competition is fierce” for the title of worst SOE. Eskom takes the cake with substantial annual losses totalling R103 billion from 2017 to 2023. However, … Read more
Eskom allegedly owes the City of Johannesburg R3.4 billion in overcharges. The metro municipality revealed this on Tuesday after Eskom approached the Gauteng High Court in Johannesburg to force City Power to pay its R1 billion debt. CITY OF JOHANNESBURG HITS BACK AT ESKOM The City of Johannesburg said it is of the firm view that … Read more
Eskom has applied to the Gauteng High Court in Johannesburg for a declaratory order to force City Power to pay its R1 billion debt. City Power, which supplies residents under the City of Johannesburg Metropolitan Municipality, is defaulting on its payments. CITY POWER OWES ESKOM R1 BILLION On Monday, 6 May, Eskom said the matter … Read more
Eskom, the electricity supplier in South Africa, has issued a notice to residents in Tshwane regarding an upcoming electricity supply interruption. The interruption is scheduled to facilitate essential maintenance on the distribution network, ensuring the reliability and safety of the power supply. Affected areas The outage, slated for Wednesday, 17 April, will impact customers in … Read more
Electricity Minister Kgosientsho Ramokgopa shared that the intensity of load-shedding is declining. He addressed the media on Tuesday to update the progress of implementing the energy saving system. Intense Load-shedding decreases in South Africa Ramokgopa stated that the plan maintenance and Eskom management are responsible for the reduced load-shedding in the country. The minister briefed … Read more
Okay, Mzansi, credit where credit is due, Eskom is on a roll and we should at least show a modicum of appreciation. Today (Wednesday 10 April 2024) represents 14 days without load-shedding. Hell, this feels a bit like watching Max Verstappen in his Red Bull in 2023, ticking off consecutive GP victories. Nevertheless, how long … Read more
As part of a Multi-Year Price Determination (MYPD) deal, a 12.74% April 2024 power increase comes into effect today (Monday 1 April 2024). Cash-strapped South Africans are battling to make ends meet as it is, with fuel prices increasing this month and the cost of living climbing on all fronts, too. APRIL 2024 POWER INCREASE … Read more
Eskom, South Africa’s power utility, has announced its load shedding schedule for the upcoming week, indicating a fluctuation between daytime suspensions and Stage 2 load shedding in the evenings. To prepare emergency reserves for the week ahead, Stage 2 load shedding will commence from 16:00 on Sunday, lasting until 5:00 on Monday morning. Following this, … Read more
In response to ongoing challenges within Eskom’s generating units and the imperative need for maintenance, South Africa braces for heightened load shedding. Eskom has announced the implementation of stage 2 load shedding from 5:00 on Monday, 18 March, until further notice, marking an escalation in power outages for the upcoming week. The decision to intensify … Read more
