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calib cassimlatest news & developments
The Democratic Alliance insists that crucial state-owned enterprises such as Eskom should report to related ministries. (Waldo Swiegers/Bloomberg via Getty Images)

Eskom reports another dip in sales

Profit falls from R3.8bn to R1.6bn as supply constraints and a drop in demand take their toll This content is restricted to registered users and subscribers. Get Your Free…

Eskom acting chief executive, Calib Cassim said Eskom’s request amounts to R445 billion for 2025-26, R495 billion for 2026-27 and R537 billion for 2027-28, translated to electricity price hikes of 36.1% in 2025, 11.8% in 2026 and 9.1% in 2027.
 File photo by Freddy Mavunda/Gallo Images

Calib Cassim: Eskom aims to cap load-shedding at stage four

The acting chief executive said it was imperative to bridge the gap of 4000 to 6000 megawatts of dispatchable capacity

Eskom has announced a staggering loss of R23.9 billion for the financial year ended March 2023. (Waldo Swiegers/Getty Images)

Eskom records R23.9 billion loss

Eskom acting chief executive Calib Cassim says Eskom expects to see an improvement in its financials in 2025

Johannesburg is submerged in darkness during load-shedding .  (AFP)

Eskom trying to cap load-shedding at stage four for summer

Eskom’s Calib Cassim said the utility plans to keep capacity losses caused by breakdowns to below 14 500 megawatts

Eskom acting chief executive, Calib Cassim said Eskom’s request amounts to R445 billion for 2025-26, R495 billion for 2026-27 and R537 billion for 2027-28, translated to electricity price hikes of 36.1% in 2025, 11.8% in 2026 and 9.1% in 2027.
 File photo by Freddy Mavunda/Gallo Images

Eskom fears more debt when relief package ends

Acting CEO Calib Cassim told the M&G there has to be planning for what happens after the debt relief ends

Eskom acting chief executive, Calib Cassim said Eskom’s request amounts to R445 billion for 2025-26, R495 billion for 2026-27 and R537 billion for 2027-28, translated to electricity price hikes of 36.1% in 2025, 11.8% in 2026 and 9.1% in 2027.
 File photo by Freddy Mavunda/Gallo Images

Cassim is ‘not interested in Eskom’s top job’

Acting chief executive says he still has work to do in his financial role at the utility

Eskom has announced a staggering loss of R23.9 billion for the financial year ended March 2023. (Waldo Swiegers/Getty Images)

Eskom moots taking non-paying municipalities’ distribution licenses

Utility says that this will encourage defaulting municipalities to cough up

Projects like the Medupi and Kusile (above) power stations, which experienced extended timelines and higher-than-planned costs, highlight the complexities involved in large-scale infrastructure delivery within parts of South Africa’s public sector

Eskom hopes to ease load-shedding by the festive season

Eskom expects units from Kusile and Tutuka power stations to be back online in November

The Democratic Alliance insists that crucial state-owned enterprises such as Eskom should report to related ministries. (Waldo Swiegers/Bloomberg via Getty Images)

Eskom gets go ahead to sell its distribution assets

This is in line with its turnaround plan which was approved by the department of public enterprises in 2019.

Minister of Trade, Industry and Competition Ebrahim Patel. (Delwyn Verasamy/M&G)

Ebrahim Patel announces a R1.3bn resilience fund to address energy crisis

The Energy One Stop Shop and Energy Resilience Fund is aimed at cutting red tape and accelerating regulatory processes in renewable projects

Eskom acting chief executive, Calib Cassim said Eskom’s request amounts to R445 billion for 2025-26, R495 billion for 2026-27 and R537 billion for 2027-28, translated to electricity price hikes of 36.1% in 2025, 11.8% in 2026 and 9.1% in 2027.
 File photo by Freddy Mavunda/Gallo Images

Eskom’s unbundling delayed as energy regulator stalls on licence for transmission company

Transmission company is another plan to raise revenue – provided the treasury approves it

Developing countries that are the most vulnerable to climate change are angry about a new text released at COP29 on Friday, which says developed countries must pay $250 billion a year until 2035 for climate action.(Waldo Swiegers/Bloomberg via Getty Images)

SA’s R210 billion grid dilemma hits pause on load-shedding fix

Renewable energy could close the gap between demand and supply, ending load-shedding. But out-of-pocket Eskom must find money to upgrade its transmission infrastructure first

Former Eskom chief operating officer Jan Oberholzer has parted ways with the embattled power utility . (Waldo Swiegers/Bloomberg via Getty Images)

Eskom board dithers over suspending Oberholzer for his part in Fidelity security contract

Sources say the board will wait until the investigation is completed before making a decision

Eskom will have to look for money to buy more diesel because the treasury will not advance it more funding than it already has.

‘A very, very tight winter’ ahead with Eskom short of 3 000 megawatts

In the utility’s worst-case scenario, the country could experience stage eight load-shedding during the icy winter months

With two units at Koeberg nuclear power station likely to be out of commission at the same time, Eskom will struggle to keep the lights on, said Electricity Minister Kgosientsho Ramokgopa.

Light at the end of Eskom’s tunnel?

Eskom will be freed from borrowing more money for its operational needs and capital requirements for the next five years because of the government’s debt relief package and the…

Former Eskom chief executive Andre De Ruyter. Photo: Supplied

Eskom shortlists five candidates to replace former CEO De Ruyter

The new chief executive is charged with ending load-shedding and unbundling the power utility into three divisions – generation, transmission and distribution

Eskom chief executive Dan Marokane says coal is important for the country to drive industrialisation. (Getty Images)

Some light at the end of Eskom’s tunnel

The utility says the energy availability at six power stations has picked up

Acting Eskom chief executive Calib Cassim. (Waldo Swiegers/Bloomberg via Getty Images)

State of disaster a good thing, insists acting Eskom boss

Emergency procurement funds will not be abused, says Nkosazana Dlamini-Zuma

KwaZulu-Natal residents who are unemployed, financially struggling and hungry have lambasted Eskom’s proposed 36.1% tariff hike. (Dean Hutton/Bloomberg/Getty Images)

Eskom debt down R5.5bn, but balance sheet pressure is high

Eskom debt down R5.5bn, but balance sheet pressure is high

Power play: An Eskom employee dismantles an illegal connection in Diepsloot, but there have now been reports of tampering to circumvent electricity meters in middle-class suburbs such as Northcliff in Johannesburg. Photo: Michele Spatari/AFP

Eskom’s double-digit tariff request unaffordable for struggling consumers

Eskom price hike is ‘unsustainable’