Telecommunications company MTN SA is building a new data centre in Centurion, north of Johannesburg, that can operate entirely independently of SA’s electricity grid. The site will be able to function indefinitely without
The demand for electricity was set to increase by about 2% in 2011 as the country’s economy recovered, Eskom CEO Brian Dames said on Thursday. “Therefore, we are targeting every day
A short distance off the highway between Johannesburg and Pretoria, not far from the Samrand offramp north of Midrand, is a large but otherwise nondescript building. To the casual observer
Where will the money come from? This is the key question arising from confusion over cabinet’s decision to “support” — as opposed to authorise — a proposed additional R20bn for power utility Eskom.
Eskom on Thursday defended the pay and bonuses for its executives, including CEO Brian Dames. The public utility said in a statement that Dames’s salary increase was only 10,6% and that his reported 91% increase was due to “performance bonuses” from the previous two years.
Brian Dames is Eskom’s new CEO, with effect from 1 July. The Eskom veteran is taking control of the power utility at a turbulent time in its history. He will need to ensure Eskom is able to keep the lights on until new hundreds of billions of rand in new generation capacity come on stream [...]
Eskom posted a R3,6bn net profit for the 2009/10 year, the electricity parastatal said on Wednesday. The previous year the utility had reported a R9,7bn loss. Revenue had increased by 31% to R71bn in the 2009/10 year from R54bn in 2008/09, the utility said. This was due to an increase in gigawatt hours sold and [...]
The National Energy Regulator of SA’s (Nersa’s) decision on Eskom’s tariff increase application on Wednesday will, on average, double the price of electricity over the next three years. The announcement that Nersa was granting the power utility a 24,8% tariff increase for 2010, 25,8% for 2011, and 25,9% for 2012, aroused virulent anger with little [...]
Nersa, the National Energy Regulator of SA, will announce its decision on Eskom’s tariff application on Wednesday. A media briefing will take place at noon in Pretoria at which Nersa will give its view on the “multi-year price determination” for the next three years. State-owned electricity utility Eskom has applied for a price increase of [...]
Eskom has suspended four employees who participated in a Carte Blanche programme on the company’s employment practices, the company said on Wednesday. “Eskom has taken a preliminary decision to suspend four employees who participated in the Carte Blanche programme that was aired on 24 January 2010 pending the finalisation of their disciplinary hearings,” a statement [...]
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