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. [...]
Jacob Maroga is no longer CEO of Eskom, the
electricity parastatal said on Thursday.
“Mr Maroga’s resignation was clear and unambiguous and was
accepted,” acting Eskom chairman Mpho Makwana told a media briefing
at Megawatt Park, Eskom’s headquarters.
“However, the board recognised that this brought about
uncertainty at Eskom,” he said.
Makwana said he and the board had [...]
Bobby Godsell has resigned as Eskom chairman, the public enterprises ministry said on Monday, in a move that has been met with widespread dismay. Jacob Maroga, pictured, was back in the office as CEO of the power utility, in spite of an announcement last week by Godsell that he had resigned. “He’s resumed his duties [...]
The Weekender newspaper will publish its last edition on Saturday, editor Peter Bruce said. “It was just costing too much money. The board decided,” said Bruce on Friday.
The newspaper was printed in Johannesburg on a particular press, and the distribution costs and logistics were complicated.
The paper also never managed to get “under the eyes of [...]
Eskom CEO Jacob Maroga has resigned, chairman Bobby Godsell told staff on Thursday.
“Mr Maroga tendered his resignation, which we have accepted. We wish him well in his future endeavours,” Godsell told Eskom staff at a meeting in Megawatt Park, Johannesburg.
Eskom board member Mpho Makwana said: “It is a difficult time for Eskom. All that we [...]
