Tag: Eskom

Eskom
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South Africa’s Eskom advances 3,000-MW gas project with LNG agreement

Eskom LNG Agreement 3000MW Gas Project marks South Africa’s shift to LNG power via Richards Bay deal supporting 25-year fuel security.

Timilehin Adejumobi Timilehin Adejumobi
Eskom appoints Junaid Munshi to lead its distribution unit
BusinessHot News

Eskom names Junaid Munshi to lead power distribution from June 2026

Eskom appoints Junaid Munshi to lead its distribution unit as South Africa pushes to improve power supply.

Oluwatosin Alao Oluwatosin Alao
South Africa’s Eskom commits $73 million to hybrid renewable rollout across coal fleet
BusinessTechnology

South Africa’s Eskom commits $73 million to hybrid renewable rollout across coal fleet

South Africa’s state-owned power utility Eskom is moving ahead with a $73 million investment aimed at blending renewable energy into its existing coal-fired power network. The plan reflects a gradual shift in how the utility is trying to balance electricity reliability with cleaner generation.  The programme comes as South Africa continues to face frequent power disruptions, driven by ageing coal…

Oluwatosin Alao Oluwatosin Alao
Hot NewsBusiness

South Africa’s Eskom explores World Bank backing for multibillion-dollar nuclear build

Eskom explores World Bank support for a multibillion-dollar nuclear project aiming to add up to 5,200 megawatts to South Africa’s power grid.

Omokolade Ajayi Omokolade Ajayi
South Africa’s Eskom, Swiss Firm launch next-generation battery project
BusinessTechnology

South Africa’s Eskom, Swiss Firm launch next-generation battery project

South Africa is stepping up efforts to overhaul its power sector as state-owned utility Eskom joins forces with Swiss energy storage company Energy Vault to develop a large-scale gravity battery project aimed at cutting the country’s dependence on coal.  The project will be built at Eskom’s Hendrina Power Station in Mpumalanga, a coal-fired plant that has supplied electricity to South…

Oluwatosin Alao Oluwatosin Alao
African Bank
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African Bank’s $343 million Eskom home loan deal collapses

African Bank’s $343 million Eskom mortgage portfolio acquisition collapsed after key deal conditions were unmet.

Timilehin Adejumobi Timilehin Adejumobi
South Africa power dispute deepens as Eskom faces pressure over grid control shift
BusinessTechnology

Eskom urged to shift grid control to NTCSA amid South Africa power strain

South Africa’s power sector is under fresh strain as tensions rise between Eskom and independent power producers, sharpening concerns about grid access, energy security and the pace of renewable energy investment.  A recent court ruling has brought the issue into sharper focus, raising questions about how scarce grid capacity is shared in one of Africa’s tightest electricity markets. Demand for…

Oluwatosin Alao Oluwatosin Alao
Eskom Holdings head office
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Eskom redeems $2.2 billion bond after 19 years in markets    

Eskom redeems its $2.2 billion ES26 bond after 19 years, marking a milestone in financial stability and improved investor confidence in South Africa.

Timilehin Adejumobi Timilehin Adejumobi
Koeberg Nuclear Power Station
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Eskom’s Koeberg unit hits 99.4% output after yearlong run   

Eskom’s Koeberg Nuclear Power Unit 2 ran 365 days uninterrupted, delivering 946 MW to Cape Town and boosting South Africa’s grid stability.

Timilehin Adejumobi Timilehin Adejumobi
Discovery co-founder & ceo
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Discovery CEO Adrian Gore says South Africa at critical turning point   

Discovery CEO Adrian Gore says South Africa has reached a decisive moment.

Timilehin Adejumobi Timilehin Adejumobi
BusinessHot News

South Africa cuts Eskom tariffs to revive chrome jobs, boost $4.77 billion exports

South Africa cuts Eskom tariffs for ferrochrome, aiming to restore smelters, create 11,400 jobs, and boost $4.77 billion in exports.

Omokolade Ajayi Omokolade Ajayi
Hot News

South Africa’s Eskom gets $3.4 billion boost from revised electricity tariffs

South Africa’s Eskom gains $3.4 billion from tariff correction, boosting finances and funding power plant upgrades.

Omokolade Ajayi Omokolade Ajayi