Eskom
The South African government is touting plans to adopt the Chinese model of multiple state owner power companies competing with each other to drive down prices.
President Cyril Ramaphosa announced that the African National Congress (ANC) wants the establishment of another state-owned power utility to assist with Eskom.
President Cyril Ramaphosa will address the nation with regards to the country's energy crisis. He has been consulting with energy experts to establish a plan.
S&P Global Ratings believes that the country's power utility, Eskom, may need to borrow R45 billion to assist with paying salaries and the purchasing of diesel.
The Special Investigating Unit has apprehended four individuals who are the former employees of two Eskom contractors who were involved in a looting scandal.
President Cyril Ramaphosa said that the government and Eskom have taken several important actions to address the shortfall in South Africa's electricity supply.
Eskom’s chief nuclear officer, Riedewaan Barkadien, has handed in his resignation from the power utility after spending 27 years at the state-owned entity.
President Cyril Ramaphosa recently reflected on Eskom's decision to plunge South Africa into various stages of rolling blackouts in his weekly newsletter.
The Congress of South African Trade Unions (Cosatu) believes that Eskom should be declared a state of emergency but that the utility should not be privatised.
Eskom
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