Eskom grid expansion to cost taxpayers hundreds of billions
Expanding South Africa’s electricity grid is projected to cost the country hundreds of billions of rands over the next five years.
Expanding South Africa’s electricity grid is projected to cost the country hundreds of billions of rands over the next five years.
The Hawks are investigating allegations that a senior Eskom executive ordered a hit on Dorothy Mmushi, a former forensic manager at the power utility.
South Africa’s ongoing load-shedding is expected to cost the country’s economy R400 billion more than last year, according to the Electricity Minister Kgosientsho Ramokgopa.
The implementation of South Africa’s energy transition plan, backed by an $8.5 billion climate finance agreement from several major countries, is facing a delay of two to three months. The plan aims to transition the country away from coal and toward renewable energy sources.
The Democratic Alliance has accused Eskom and the Mafube municipality of colluding to block the town of Frankfort from using its own solar power plant to reduce the impact of load-shedding.
Eskom is facing significant grid capacity constraints, with many companies “hogging” grid allocations awarded to them through contracts with the Independent Power Producer office.