Energy
The Special Investigating Unit head Andy Mothibi has sent a team to meet with former Eskom CEO André de Ruyter to discuss the corruption allegations at Eskom.
Former Eskom CEO Andre de Ruyter claimed that the power utility loses over R1 billion a month to corruption during an explosive television interview recently.
Eskom executives recently briefed MPs about the condition of power stations and said six power stations have been identified as the main causes of loadshedding.
State-owned power utility Eskom has started to look for someone to replace outgoing CEO Andre de Ruyter. The new CEO is expected to take over on 1 April 2023.
Deputy Minister of Mineral Resources and Energy Dr Nobuhle Nkabane, says coal remains important for the South Africans's energy security despite energy shift.
President Cyril Ramaphosa announced on Monday, 30 January that the ANC has resolved to declare South Africa's energy crisis a state of disaster to fix Eskom.
The National Treasury has approved a R4 billion funding loan for the cash-strapped power utility Eskom. The money will be used to buy diesel for the OCGTs.
The struggling power utility Eskom is allegedly planning on retrenching 500 very skilled workers in two years as part of the utility's Employment Equity Plan.
The National Union of Metalworkers of South Africa has filed court papers against government for the continued implementation of loadshedding in the country.
Energy
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