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Inside the ‘coal supply emergency’ at Eskom

Editor’s note: The opinions in this article are the author’s, as published by our content partner, and do not represent the views of MSN or Microsoft. Credible reports are being received of alarming coal supply problems at numerous Eskom coal-fired power stations in South Africa’s Mpumalanga province. Reports indicate that the situation has become so serious that Eskom&rsqu

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Eskom a risk to South Africa as finances are getting worse

Eskom is expected to deliver worse than expected financial results with the power utility a major risk to South Africa’s fiscal targets. An article in the Rapport noted that Eskom expects to report a loss of R8.1 billion in the short term, which could swell to R26.5 billion in the medium term. The National Treasury described Eskom’s financial problems as the single biggest risk t

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