A threat by Eskom to begin cutting electricity supply to Joburg has been met with an angry response from the city.
Eskom remains highly dependent on government support through the debt-relief arrangement, Treasury said in its Medium Term Budget Policy Statement ... s most recent financial plan also targets ...
The owner of the technology that makes prepaid electricity meters work has disputed Eskom's claim that users whose meters have not been updated in time, and who run out of credit, will need a meter ...
The application aims to ensure the financial sustainability of Eskom ... This, according to the utility’s statement, translates to the proposed average price increases for Eskom’s direct customers of ...
Eskom is threatening to cut off Johannesburg’s electricity due to the city’s mounting debt. BizNews spoke to OUTA CEO Wayne ...
Eskom has been mired in financial difficulties for years and is known for subjecting South Africans to routine power blackouts. But in 2024 it has seen a dramatic turnaround in its plant ...
which stands at R90 billion as of September 2024,” Eskom wrote in a statement. It added: “Eskom’s financial sustainability hinges on improving its balance sheet through increased revenue and ...
Despite the utility’s improved performance, its total sales declined by 1 TWh year-on-year in the first quarter of the 2025 financial year. Nedbank economist Isaac Matshego explained that Eskom ...
Eskom has threatened to cut power to Johannesburg due to an unpaid R4.9 billion debt in a statement delivered yesterday.
On Friday, the exchange notified Eskom’s bondholders that the company had missed the deadline for submitting its annual financial statements. If these statements are not submitted by the end of ...
it forces Eskom to borrow additional money at premiums to fund operational costs,” it said in the statement Thursday. “Eskom’s financial sustainability and ability to supply electricity at affordable ...