Eskom

Following the successful attachment of the bank account belonging to the Maluti-a-Phofung Local Municipality in the Free State earlier this week, Eskom and the municipality on Friday reached an agreement to partially release some of the funds to assist the municipality to meet its running costs.As part of the agreement, which has been made an…

Eskom employees managed to escape unharmed in Kraaifontein after their branded vehicle was stoned. The utility says it is working with community leaders to find solutions to the ongoing violence in some areas of Cape Town. A liquor store was looted in Delft on Tuesday.  Eskom announced it has now suspended operations in other parts of Cape Town…

Eskom has attached the bank account of the struggling Maluti-a-Phofung Local Municipality in the Free State over an outstanding R5.3 billion account as the power utility fights to rein in municipal debt.The state-owned power utility said the account was attached on July 21 and funds in the account would be transferred to its coffers to…

Eskom announced load reduction would be implemented Mpumalanga Province on Sunday and in KwaZulu Natal on Monday. This load reduction in KwaZulu Natal will take place between 05:00 and 07:00 in the morning as well as 17:00 and 19:00 in the evening, the statement said. The statement advised customers in these and surrounding areas to switch…

In November of 2007 the then-Chief Executive of Eskom, Jacob Maroga, tabled a document to Parliament unpacking the power utility's annual results for that year.South Africa's economy had been faring well up to that point. The previous year, Finance Minister Trevor Manuel has boasted in his Budget speech that SA had entered a "year of plenty"…