Eskom close to collapse after profits plummet | IOL Business Report

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Eskom close to collapse after profits plummet busrep

 

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Eskom releases financial results, profit declines by 89% | IOL Business ReportSouth Africa's power utility, Eskom, today released their interim for the first six months of the 2018/19 financial year. busrep chrisyelland how much of Eskom_SA profit decline is due to poor management, corruption, inflated costs, (cont) busrep How much of that is due to golden handshakes and bonuses for execs? busrep Extremely hard to believe this !!
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Treasury backs Eskom 'emergency loan' | IOL Business ReportApproval for the 'emergency procurement' of diesel to power the utilities' expensive open-cycle gas turbines. busrep kante, didnt Eskom get a loan from the Chinese s'nini'nini? 🤔😳 or am i confusing Eskom with another SOE tumisole AdvBarryRoux busrep Why does Eskom use expensive diesel? Are you telling me there is no other invention on earth that is cheaper? Seems like an organisation that knows nothing about electricity. busrep Eskom is by no means a 'small' company BUT it sure seems like it is being run by Micky Mouse !! WhyDoWePutUpWithThisGiantLevelOfIncompetence
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Eskom, what’s the plan? | IOL Business ReportANALYSIS: We are concerned that Eskom suppliers could cut payment terms which would exacerbate the cash burn rate … writes Peter Attard Montalto. Privatize
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President Ramaphosa deploys task team to help Eskom | IOL Business ReportPresident Cyril Ramaphosa announced that a special task team will be deployed to help come up with solutions to the many problems that Eskom faces.
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Eskom reduces top executive structure from 21 to 9 | IOL Business ReportThe process to rationalise Eskom's top executive structure has been completed, reducing the number of top executives from ... This is commendable And how much will it save Eskom by the way? It's been long overdue. I hope CyrilRamaphosa will also follow suit and reduce the size of the bloated cabinet that he inherited.
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NUM welcomes removal of Eskom general manager in Free State | IOL Business ReportThe union has been pleading with the power utility for months to remove Mthombeni, saying that workers had lost trust in her.
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Eskom to add lower ranked managers to job cuts | IOL Business ReportSouth Africa's struggling power utility, state-owned Eskom, will continue with job cuts extending to some of their lower level managers.
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Another Eskom task team member leaves | IOL Business ReportAnother member of Eskom's special task team has stepped down the Presidency spokesperson Khusela Diko said on Thursday.
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Eskom explains its annual electricity tariff hike application | IOL Business ReportDue to various factors, the tariff was increased at below inflation for the past two years which has impacted the current price of electricity.
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