Eskom will oppose the R85m lawsuit filed against it by ousted CEO Jacob Maroga, the parastatal said on Sunday. “We are aware of it and we will oppose it,” the company said.
According to the Sunday Times, Maroga filed a civil claim at the South Gauteng high court demanding “reasonable damages” or reinstatement as CEO. He [...]
Eskom’s proposed tariff hike could delay the country’s economic recovery, Business Unity SA (Busa) CEO Jerry Vilakazi said in Midrand on Thursday.
“If the 35% increase is accepted by Nersa, we can wave goodbye to an immediate recovery for SA’s economy,” he told a public hearing, organised by the National Energy Regulator of SA, on the [...]
Communications minister Siphiwe Nyanda has dismissed claims by the Democratic Alliance that the proposed Public Service Broadcasting Bill will grant him unprecedented power over the SA Broadcasting Corporation.
“Not only are these claims baseless and unfounded, they also have the potential to mislead the people of this country,” he said in a statement on Tuesday.
On Monday, [...]
Three education unions have proposed the establishment of a social contract with other partners in the sector to improve education.
“The aim would be to establish all schools in SA as centres of excellence, or at the very least demand that schools must draft a realistic plan of action to improve the quality of education within [...]
Public hearings on state-owned power utility Eskom’s application for a tariff hike began on Monday in Mpumalanga, the National Energy Regulator of SA (Nersa) said.
The hearings for Eskom’s required revenue application for the period 1 April 2010 to 31 March 2013 are being be held in all provinces from 11 to 21 January.
The electricity parastatal [...]
Sparks flew at an electricity conference on proposed tariff hikes on Thursday, with an economist confronting a senior Eskom manager on his claim that its prices were “really” not that expensive.
Economist Mike Schussler, pictured, took the stand and questioned numbers presented by Eskom chief officer for generation Brian Dames. He then accused the government of [...]
Electricity parastatal Eskom’s revised tariff increase proposal will not help growth in the country, the ANC said on Wednesday.
The party was “concerned” about the effect Eskom’s revised 35% tariff increase proposal for a three year period, would have on the majority of South Africans who would find it “hard to afford”.
“We see the Eskom proposal [...]
Electricity parastatal Eskom will ask for a 35% tariff increase from the National Energy Regulator of SA (Nersa).
The utility had lowered its request to 35% over the next three years, according to a statement handed to media on Tuesday, before a briefing by Eskom’s acting chairman Mpho Makwana in Johannesburg.
Eskom had initially wanted 45% each [...]
An economist has warned that SA could end up with the world’s most expensive electricity if Eskom gets its proposed tariff increases.
“SA’s electricity is more expensive than electricity in the US, Israel and Mexico and if Eskom gets its 45% increase every year for three years, SA will have the most expensive electricity in the [...]
Bobby Godsell has confirmed his resignation as chairman of Eskom with public enterprises minister Barbara Hogan, he said in a statement on Monday.
“During this last week the Eskom board has been able to act decisively,” he said. “Government, particularly as indicated by minister Hogan’s address to parliament, has given the board the backing it needed. [...]
