Rating agency Moody’s has warned that carving transmission out of Eskom could weaken its creditworthiness.
Browsing: Eskom
The appointment reflects Eskom’s push to compete for customers as South Africa’s electricity market is liberalised.
The R1.2-billion solar plant will supply about 60 000 households and anchors a pipeline of 17 projects across 11 stations.
Boston hydro now powers five Growthpoint buildings in Cape Town, with more generators set to join the pool.
Eskom’s generation recovery is working, but unbundling has stalled and municipal debt signals deeper trouble.
Eskom is in exploratory talks with the World Bank over funding for a multibillion-dollar nuclear programme.
Eskom has threatened to cut power to parts of Johannesburg as City Power’s debt passes R5.2-billion.
The recovery is holding, but Eskom’s own modelling warns of a possible return to blackouts by decade’s end.
Severe weather has cut power across dozens of Cape towns, with restoration delayed by unsafe conditions.
Treasury extends fuel levy relief as diesel costs squeeze telecommunications operators and broader economy.