by admin | Nov 26, 2022 | diesel, Eskom, Industry News, Load shedding, National Treasury, News, South Africa, stage 3
Yesterday, Eskom received a lifeline in the form of 50 million litres of diesel from PetroSA. Diesel isn’t free – and someone needs to pay the bill. It won’t be Eskom – at least not for the time being. It was the power provider’s poor management of money and...
by Speedinet | Sep 21, 2022 | corruption, Government, Local Government, National Treasury, parliament, Sadesh Ramjathan, service delivery, South African municipalities
43 municipalities require urgent rescue while another 151 are deemed “bankrupt and insolvent”, and are unable to pay creditors and third parties, including the South African Revenue Service and pension funds.
by Speedinet | Sep 20, 2022 | Dale McKinley, Energy, Eskom, fuel price, Headline, National Treasury, Organisation Undoing Tax Abuse (Outa), tariff increase
Political and economic analyst Dale McKinley said Eskom’s only way to generate revenue these days is through power tariff hikes.