Cape Town News

South Africa’s Eskom looks for funds

State electricity provider Eskom has appointed JP Morgan Chase and Swiss bank Credit Suisse to help raise money to fund a five-year expansion plan to address a major electricity shortage in South Afri...
Cape Town News

Eskom postpones projects as tariffs rise

State electricity provider Eskom has said it is to postpone seven billion rand worth of new power projects this year due to a funding shortfall. The deferral comes as the utility reported a full-year...
Cape Town News

Eskom workers threaten strike.

There is no end to the problems for the new government of president Jacob Zuma with employees of the state electricity provider Eskom now threatening a strike over pay. The National Union of Minework...

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