Eskom

Eskom says South African taxpayers will have to cover the shortfall of approximately R300 billion if Nersa continues to reject their proposed tariff increases.

Nine Eskom employees have been rescued by the South African Police Service after they were held hostage by members of the Mabopane community north of Tshwane.

A fire caused significant damage to unit one at Kendal power station on Saturday morning. Units two and three were forced to shut down as a result of the fire.

The South Gauteng High Court has granted a provisional restraint order to freeze assets worth R1.4 billion of individuals accused of defrauding Eskom at Kusile.

Deputy Finance Minister David Masondo proposes that Eskom's R146 billion debt be forgiven by investors to allow the power utility to meet climate targets.

Eskom has offered Soweto residents an olive branch by reducing the R12.8 billion owed by R5 billion. This would still leave an outstanding bill of R7.5 billion.