In The News South Africa

One arrested as Eskom stolen cables worth R5 million discovered in Johannesburg

JOHANNESBURG, July 13  – An investigation team from Eskom recovered stolen Eskom infrastructure worth R5 million, the power utility said on Friday. One person was arrested when the team and members of the South African Police Service made the discovery of the infrastructure, which included aluminium and copper cables, in Muldersdrift, Johannesburg, Eskom said in […]

In The News South Africa

Eskom wage negotiations continues

JOHANNESBURG, July 11  – Wage negotiations between power utility Eskom and unions resumed on Tuesday in Johannesburg. National Union of Mineworkers (NUM) spokesman Livhuwani Mammburu told television news channel eNCA that unions have given Eskom two options of a one year deal or a three year one. Eskom on Friday tabled a 7 percent wage increase […]

In The News South Africa

Cooperative governance minister tackles municipality debt, electricity distribution

JOHANNESBURG, July 6 – South African municipalities are buckling under the pressure of non-payment for services which has resulted in dwindling revenue, threatening delivery of service to communities, the Cooperative Governance and Traditional Affairs (CoGTA) said late on Thursday after its minister Zweli Mkhize met officials. Mkhize undertook to request the assistance of the President’s Coordinating […]

Business In The News South Africa

Eskom, KfW sign loan agreement to facilitate grid of renewable energy

JOHANNESBURG, June 29-  South Africa’s cash strapped state power utility Eskom said on Friday it had signed a US$100 million (approximately R1.35 billion) loan facility with German development bank KfW to support further investments in the transmission network in the Northern Cape province to facilitate the grid integration of renewable energy independent power producer projects. […]