Tshediso Matona News

Transnet CFO Anoj Singh: Singh has been seconded to Eskom for six months

Transnet CFO Anoj Singh joins CEO at Eskom to tackle South Africa power gap

South Africa’s power utility recruited a second top executive from the country’s state-owned rail operator as Eskom Holdings SOC Ltd. struggles to plug a deficit in electricity supply.

Tshediso Matona, former Eskom CEO

South Africa's power utility Eskom parts ways with suspended CEO Tshediso Matona

South Africa’s power firm Eskom said on Monday it had agreed to “amicably” part ways with its chief executive who was suspended pending an inquiry into operations at the struggling utility.

Load-shedding -- scheduled power cuts to reduce energy usage -- has become part of everyday life for many people and companies in South Africa (AFP Photo/Marco Longari)

Electricity shortages hobble South Africa's growth, says Finance Minister Nhlanhla Nene

Power outages are the biggest brake on South Africa’s economic growth, Finance Minister Nhlanhla Nene said Monday, as factories, homes and offices across the country continue to suffer from long electricity cuts.

South Africa looking at sale of Eskom power stations

South Africa looking at sale of Eskom power stations

South Africa is considering selling some of the state-owned power utility Eskom’s stations or an initial public offering of a portion of the cash-strapped utility’s shares, the Business Day newspaper said on Wednesday, quoting a Treasury official.

A power company by South African state-owned Eskom, in Witbank, South Africa, on February 5, 2015 (AFP Photo/Marco Longari)

South Africa's Eskom puts first new power station online in 20 years

South Africa put its first new power station in 20 years on line Monday as the country grapples with rolling electricity cuts that have hobbled growth in the continent’s second-largest economy.