Munjoma stated, “If you check in South Africa, big funds such as Eskom pension fund, it is a US$16 billion pension fund, whereas our whole industry is a US$2 billion pension fund. Effectively ...
He explained that many companies are reviewing their planned energy investments, especially in the challenging economic environment, where many have limited funds. If Eskom can reliably supply ...
Virtually every company in SA has run the numbers and come to the conclusion that reliance on Eskom, for all its ... This makes them an ideal fit for pension funds seeking to match future cash ...
Eskom recently reminded the nation of the worrying ... Authority report on employers failing to pay their workers’ pension ...
Cosatu demands enhanced fiscal support for state-owned enterprises to combat South Africa's pressing issues of poverty, ...
Eskom announced on Wednesday that its Vending System has been fully restored and electricity purchases are back online, following weeks of disruption that left residents across South Africa unable ...
Former Eskom Safety Risk Officer Thandi Ruth Magagula has been convicted of fraud and corruption in relation to the fraudulent awarding of contracts at the power utility. Image source: Ekaterina ...
While it’s been lauded for ending load shedding, power utility Eskom is facing another challenge: explaining the reasoning for its business model in which customers buying in bulk do not geta ...
Eskom’s electricity production has fallen to levels last seen in the early 2000s despite a dramatic turnaround in operational performance so far in 2024. This translates into Eskom making up a ...
(Bloomberg) -- South Africa’s state-owned power utility said it had to ask for 36% increase in prices because of the government’s inability to rein in delinquent municipalities and errors made ...