
Eskom







The African National Congress National Executive Committee said it's concerned about the effects of loadshedding on the lives of South Africans and the economy.

Eskom’s former CEO Brian Molefe was ordered by the North Gauteng High Court to pay almost R10 million to the power utility's pension and provident fund (EPPF).

President Cyril Ramaphosa said that he wants Public Enterprises Minister Pravin Gordhan to put an end to the prolonged, targeted loadshedding in townships.

Striking Eskom workers accepted the power utility’s 7% wage increase offer. They also suggested that the power utility should pay them a R15 000 once-off fee.

The African National Congress’ national executive committee meeting was called to discuss the electricity crisis, energy shortage and blackouts in South Africa.

Stage 6 loadshedding will leave some South Africans unemployed as certain companies have been forced to lay off staff, according to Business Leadership SA.

Eskom announced that stage 6 loadshedding would resume on Monday following last week's industrial action and would gradually be reduced to stage 5 and lower.

Mineral resources and energy minister Gwede Mantashe said that South Africa should blame public enterprises for the mess that Eskom and Mzansi is in right now.

Former Eskom CEO Matshela Koko has made it clear that he will not work for the power utility or any state-owned company if the current government is in charge.
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