Eskom
An energy expert has put the loadshedding blame on Eskom CEO Andre de Ruyter, who has made the decision to spend funds on renewables instead of ending blackouts
President Cyril Ramaphosa has promised that the challenges that Eskom faces will one day be a thing of the past and solutions are on the way for the parastatal.
Eskom will implement Stage 2 load shedding until Thursday next week. Power cuts will occur between 9 pm and 5 am while emergency reserves are being restored.
Eskom has announced planned loading shedding from 9 pm on Thursday to 5 am on Friday. The utility said this was due to maintenance on its emergency reserves.
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
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