End of 103-year-old era for Eskom “irreversible” in South Africa
Eskom executives are meeting this week to discuss the future of South Africa's energy market, as significant reforms loom for the industry.
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Eskom executives are meeting this week to discuss the future of South Africa's energy market, as significant reforms loom for the industry.
Energy expert Tshepo Kgadima discusses Eskom’s 8.83% tariff increase, municipal debt and declining electricity demand following the utility’s appearance before parliament.
Market movements with Otto1890, iOCO’s acquisition-led growth, Denel’s R30bn pipeline, Eskom in parliament, Stellenbosch University on food security, and CVH Spirits’ Ronan O’Rahilly in the Executive Lounge.
Former Eskom transmission head and gas-to-power veteran Andy Calitz believes South Africa will need 10 times more engineers and technical specialists to fix its grid for good.
Eskom has proposed an 8.83% average power price hike, but certain consumers could pay more under a new tariff structure.
Eskom spent years encouraging households to use less electricity, but its new tariff structure could see some of its most energy-conscious customers paying more.
Private sector participation in electricity infrastructure has faced delays, but there is a silver lining, according to Busisiwe Mavuso.
Unbundling Eskom's transmission assets into an independent operator is the durable fix. It must happen fast.
Electricity and energy minister Kgosientsho Ramokgopa said the municipality, which is home to the highest concentration of coal power stations in South Africa, was Eskom's largest debtor by the end of August 2026.
Riversdale in the Western Cape has established a solar and battery storage farm that supplies almost twice the capacity it requires.
Outa welcomes the open-ended waiver but wants Eskom to justify registering systems that never export power.
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.'
Nothing has come of the municipal prepaid agreement previously announced.
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.
At the centre is Eskom's restructuring and unbundling.
Admits that in a perfectly functioning market, the city would already have been switched off.
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.