Sorry, South Africa, for the damage we are causing to the economy - Eskom
Apologies to South Africa for the damage that we are causing in terms of the economy…Khulu Phasiwe, Eskom
We’re likely to see a reduction in the levels of load-shedding by Thursday…Khulu Phasiwe, Eskom
Eskom wants the government to take on R100 billion of its debt.
The state-owned utility is facing ever-expanding debt levels and liquidity problems.
Eskom Chairperson Jabu Mabuza last week said he was against asset sales to solve Eskom’s problems, preferring a bailout from taxpayers instead.
The electricity provider forecasts a loss of R11.2 billion this financial year.
Listen to the interview in the audio below (and scroll down for more quotes from it).
We’ve put together a 9-point plan to stabilise the system…Khulu Phasiwe, Eskom
The load-shedding we see now is not a result of the shortage of coal…Khulu Phasiwe, Eskom
Medupi is almost there… we only have one unit yet to be connected to the grid… Kusile still has a long way to go…Khulu Phasiwe, Eskom
We have about 27 days [of coal supplies]… We shouldn’t be on this level… something has gone seriously wrong…Khulu Phasiwe, Eskom
We have 27 new coal contracts…Khulu Phasiwe, Eskom
Enjoy The Money Show, but miss it sometimes?
Get the best bits emailed to you daily, right after it ends:
An economist expects China growth at 9.5%, US money-printing, rising metal prices and trade- and current-account surpluses in SA.Read More
Bruce Whitfield asks personal finance advisor Warren Ingram to explain in detail the new laws affecting provident funds.Read More
A new harvest is imminent and there's no more space for unsold wine. We have the highest stock level ever - Vinpro's Rico BassonRead More
A new scam is surfacing on Facebook and WhatsApp groups. The masterminds are even using the FSP number of a legitimate company.Read More
Loadshedding is another blow to the struggling restaurant industry. We need more relief says Grace Harding (Restaurant Collective)Read More
Richard Brasher will be replaced by Netherlands-born Pieter Boone in April. A retail expert evaluates Brasher's performance.Read More
Non-alcoholic drinks can be seen on shelves just about everywhere. Bruce Whitfield interviews Mindful Drinking SA's Sean O'Connor.Read More
Former Eskom CFO Anoj Singh will still have to appear after not testifying as scheduled, says EWN's Gaye Davis. But will he sing?Read More