Eskom Interim Group Chief Executive Phakamani Hadebe says Eskom is committed to keeping the lights on this winter, despite low coal stockpiles at six of its power stations. Addressing the media at a briefing at Megawatt Park in Sunninghill on Thursday, Hadebe said coal stockpiles across all coal-fired power stations are at an average of 35 days, excluding the plants under construction - Medupi and Kusile. “We have implemented plans to manage a shift in plant performance and coal stock … [Read more...] about Eskom’s power system and the ‘winter demand
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Ramaphosa fires a salvo into one of Zuma’s biggest corruption camps
“We welcome the change in leadership and especially the inclusion of experienced business, finance and engineering leaders who will do far more to address the challenges faced by Eskom than any of their predecessors in the past decade,” says Wayne Duvenage, OUTA CEO. “There are clear indications that the new board has been tasked to rearrange the operational management team and structures, thereby restoring much needed efficiency and cost cutting to prevent the Eskom ship from sinking. “By … [Read more...] about Ramaphosa fires a salvo into one of Zuma’s biggest corruption camps
5.23% Eskom increase a bittersweet victory
The Organisation Undoing Tax Abuse (OUTA) salutes South Africans for their unprecedented participation in the public process which helped cut Eskom’s tariff increase down to 5.23%. This means the average price stays under R1/kWh. “This is a bittersweet victory for civil society. It’s much better than Eskom’s requested 19.9%, but we believe it should have got 0%,” says Ben Theron, OUTA’s Chief Operating Officer. “We cited an ongoing decline in efficiencies, maladministration and … [Read more...] about 5.23% Eskom increase a bittersweet victory
Business Chamber welcomes Nersa decision
The Nelson Mandela Bay Business Chamber welcomes the decision by the national energy regulator to keep the electricity tariffs in South Africa at an affordable rate. The National Energy Regulator of South Africa (Nersa) announced its decision on Eskom’s revenue application for the 2018/19 financial year today [Friday, 15 December 2017]. The Nelson Mandela Bay Business Chamber was one of many stakeholders to give input during public hearings hosted across South Africa in November, and also … [Read more...] about Business Chamber welcomes Nersa decision
Organised Business calls for halt to electricity hike application
The Nelson Mandela Bay Business Chamber yesterday proposed a deferral of Eskom’s application to increase the electricity tariffs countrywide by 19.9%. Representatives from the Nelson Mandela Bay Business Chamber made this recommendation at the National Energy Regulator of South Africa (Nersa)’s Public Hearing on Eskom’s 2018/19 Revenue Application, which was held in Port Elizabeth yesterday (1 November 2017). The application requires a general increase for Eskom customers of 19.9% and an … [Read more...] about Organised Business calls for halt to electricity hike application
Grahamstown in the news: Eskom may cut power to Makana
Eskom may cut power to Makana: “Makana local municipality [Grahamstown] is currently indebted to Eskom in the amount of R52 366 866.70 for the bulk supply of electricity, part of which has been outstanding and in escalation from 3 November 2016,” the advert said. Makana is not the ... Source: "Grahamstown" - BingNews. South Africa: Thabo Mbeki On the Pope, the Bible, Mandela and His Successors: That journey also involved his progression through the schools in the townships, the universities … [Read more...] about Grahamstown in the news: Eskom may cut power to Makana
Business Chamber challenges 2018/19 electricity tariffs
The Nelson Mandela Bay Business Chamber has recently submitted a number of objections to the National Energy Regulator of South Africa (Nersa) with regards to Eskom’s 2018/19 Revenue Application. The Eskom application requests a general increase for Eskom customers of 19.9% (effective April 1, 2018) and increases to the Municipalities of 29.5% (effective July 1, 2018). The Business Chamber has actively been protecting businesses’ interest in relation to critical issues which affect the … [Read more...] about Business Chamber challenges 2018/19 electricity tariffs
Elected City Leaders will attend NERSA hearing to oppose Eskom increase
The entire NMB Mayoral Committee will attend a NERSA public hearing on 1 November 2017. The public hearing comes after Eskom's proposed 2018 tariff increase of 19.9% next year, which this Metro government will vehemently oppose. Major infrastructure maintenance and overhaul has begun under this coalition government. A R25 Billion maintenance backlog requires the administration's urgent attention, after decades of negligence and poor governance. As such, Bay residents are already digging … [Read more...] about Elected City Leaders will attend NERSA hearing to oppose Eskom increase
Transnet ‘notes’ suspension from BLSA
Transnet and Eskom have noted their suspension from Business Leadership South Africa (BLSA). “Eskom has noted BLSA’s decision to suspend the company’s membership with immediate effect,” said the power utility. It further added that Interim Group Chief Executive Johnny Dladla has written a letter to the BLSA. BLSA in a statement on Thursday announced the suspension of membership of the two state owned companies with immediate effect. The companies fall within the ambit of the Department of … [Read more...] about Transnet ‘notes’ suspension from BLSA
Business Chamber vows to continue to fight proposed unreasonable electricity tariff increases
The Nelson Mandela Bay Business Chamber is extremely disappointed by the news of Eskom’s request for a 19.9% tariff increase next year. The National Energy Regulator of South Africa (Nersa) this week announced its intention to commence with regulatory processes in considering Eskom’s revenue application for 2018/19. The Nelson Mandela Bay Business Chamber deems an increase of this magnitude as crippling in the current economic climate and, if implemented, the proposed increase could have … [Read more...] about Business Chamber vows to continue to fight proposed unreasonable electricity tariff increases
Eskom grants East Cape municipalities power cut reprieves
Eskom has suspended its scheduled electricity interruptions to three Eastern Cape municipalities after agreements were reached. “The pending interruptions of bulk electricity supply to two of the three Eastern Cape municipalities (Raymond Mhlaba and Walter Sisulu) will not proceed this Friday, 15 September 2017. Eskom has reached payment agreements with the owing municipalities,” said the power utility in a statement on Thursday. Eskom said Inxuba Yethemba Municipality has committed to … [Read more...] about Eskom grants East Cape municipalities power cut reprieves
Debt ridden EC municipalities avoid Eskom Power Cuts…. for now
Eskom has rescheduled electricity interruptions to three Eastern Cape municipalities following non-payment of their bills. The power utility had planned the pending interruptions of bulk electricity to the municipalities of Raymond Mhlaba, Walter Sisulu and Inxuba Yethemba for today. However, the interruptions have been rescheduled for Friday. This is to allow the municipalities additional time to make adequate payment or to table firm debt settlement proposals to Eskom. Over the last … [Read more...] about Debt ridden EC municipalities avoid Eskom Power Cuts…. for now
Business Chamber responds to Constitutional Court Ruling
We have taken cognisance of the Constitutional Court’s ruling yesterday (22 August) which upheld the SCA’s decision regarding the powers and functions of the electricity Regulator, Nersa, in relation to what we consider to be unreasonable electricity tariff hikes in South Africa. This decision relates to a Supreme Court of Appeal’s ruling earlier this year that affirmed the Regulator’s decision to allow Eskom’s application for a country-wide tariff adjustment. The Nelson Mandela Bay … [Read more...] about Business Chamber responds to Constitutional Court Ruling
J-Bay in the news: Op-Ed: The Parliamentary inquiry into Eskom – If called, the Guptas will have to appear
Op-Ed: The Parliamentary inquiry into Eskom – If called, the Guptas will have to appear: Part of this assessment will be to determine whether the evidence uncovered is admissible or not. DM Photo: A general view at dawn of the Jeffreys Bay Wind Farm in South Africa 08 July 2016. EPA/NIC BOTHMA Nic Roodt is a partner at Fasken Martineau ... Source: "Jeffreys Bay" - BingNews. Searching for Tom Curren: Watch the surfer from Santa Barbara attacking the enemy lines at Jeffreys Bay, Haleiwa, and … [Read more...] about J-Bay in the news: Op-Ed: The Parliamentary inquiry into Eskom – If called, the Guptas will have to appear
Potential electricity increases of up to 50% in 2018 disastrous for businesses and consumers
Reacting to the news that the Supreme Court of Appeal has set aside the Port Elizabeth business consortium’s case against NERSA and Eskom, new Business Chamber President Thomas Schaefer has vowed to continue to fight unreasonable electricity tariff increases on behalf of business. See: Bigger challenges ahead for civil society to fight electricity price hikes The Nelson Mandela Bay Business Chamber expressed deep concern about the Supreme Court of Appeal’s ruling yesterday which upheld the … [Read more...] about Potential electricity increases of up to 50% in 2018 disastrous for businesses and consumers
