How Mteto Nyati and a hand-picked Eskom board pulled SA from the brink
In this wide-ranging interview, the Eskom board chair reflects on why he agreed to lead the power utility and the culture change that followed.
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In this wide-ranging interview, the Eskom board chair reflects on why he agreed to lead the power utility and the culture change that followed.
'Municipal debt remains the single greatest threat to Eskom's financial sustainability.'
Says he is satisfied with what he has achieved and confident the power utility will continue its recovery without him.
Affected employees will be retrenched on 31 December 2026.
Despite its return to profitability, the power utility is facing smothering debt and governance problems.
Municipal debt increased to nearly R120 billion, and electricity sales volumes fell by 6.2%.
Two 20-year contracts will deliver savings of around 20%.
Affected municipalities have until 1 September to conclude distribution agreements with Eskom or face possible supply interruptions.
Union demands a review of all existing agreements and calls on government to stop enforcing them, among other measures
South Africa's solar boom is cutting into Eskom revenue as households and businesses turn to self-generation amid high electricity costs.
Liquidators warn that an Eskom power cut could flood the mine within 48 hours - but Numsa questions why the alarm was raised immediately after it won a court order placing Ekapa Minerals in business rescue.
No consensus on content of agency agreement yet.
Eskom boldly contradicts president on unbundling.
This is all about the process of unbundling Eskom.
Confirms legal requirements for the Distribution Agency Agreement in Dr Beyers Naudé Municipality ruling
Another factor that saw employee benefit spending skyrocket is overtime.
Fitch also affirmed Eskom's senior unsecured debt.
Eskom takeover seen as being favoured over private-sector partnerships.
Deal now in the hands of regulator Nersa.
Clarity on Eskom end-state crucial to energy sector reforms, says Krutham.
Follows a redetermination of Eskom’s revenue to correct previous regulatory errors.
Did Eskom ever have the authority to impose fines on unregistered customers?
Salga and Ameu insist on a public hearing before Eskom tariff corrections.
‘Who will fund the shortfall?’
Outa says threats from Eskom and municipalities are creating unnecessary confusion and anxiety for households and companies
After court set aside R54bn settlement.
Transalloys issues section 189 notice.
‘Don’t punish Eskom for it,’ court hears.
The Wonderkop and Boshoek smelters will be placed on care and maintenance from 1 January unless a solution is found before then.
The Cabinet welcomed Eskom’s return to profitability, emphasising that the leadership appointed to steer the utility is delivering results.