Posts tagged with 'Eskom'

 

Matjhabeng Municipality in Freestate Goldfields Makes Billions of Rands Evaporate Just Like Water, Which Has Now Stopped Flowing Due To Insufficient Funds!

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Free State Goldfield towns of  Hennenman, Odendaalsrus & Riebeeckstad are without water as shocking figures about non payment to service providers, by the local municipality has been revealed. Matjhabeng municipality owes over R5.5 BILLION to Eskom & Sedibeng Water!

A pump at the service provider of water to the local municipality, called  Matjhabeng, has broken and left residents of the Free State Goldfields – Hennenman, Odendaalsrus and Riebeeckstad, without water since Friday. The local agency providing water, Sedibeng Water, says it is doing what it can to fix the pump that has broken and  even if everything goes well, the water wouldn’t start flowing before Sunday afternoon.

However, local DA councillor, Maxie Badenhorst, shared shocking information with Rapport newspaper with regards to non payment of service providers by the Matjabeng municipality. The figures were tabled in a financial report to this year’s first local council meeting. Badenhor
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Yank your generator closer and grab those candles, chances are huge for #RollingBlackOuts tonight

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Eskom said in a statement that the power system was under severe pressure this morning and the power supplier is currently using diesel generators to meet electricity demand.

According to the statement, the maintenance of units was delayed, which meant that diesel generators had to run through the night.

“Although we have enough emergency reserves to replenish capacity during the day, we may need to put in load tonight to replenish diesel and water with our open-cycle gas turbines and pump storage schemes,” Eskom explains.

Unplanned power outages stood at 13 063 MW at 06:30. This is a bit more compared to Wednesday’s 12 620 MW.

The power provider is asking users to use electricity sparingly while haunting to get power outages below the 9,500 MW target.

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Poor South African’s Suffer #RollingBlackouts, Yet Government Officials & Black Elites Buy Lamborghini Aventador’s!

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#TheAfricanWay means “it is my turn to feast at the table and stuff everyone else“. This is clearly shown when Former Eskom Chairperson, Jabu Mabuza’s niece received her new Lamborghini Aventador, price range of Avendators is around R 9.6-million.

This same niece was awarded an irregular tender worth R600 Million…

[embed]https://www.youtube.com/watch?v=aCJdHrsf9HE[/embed]

Watch here if not displayed above: https://www.youtube.com/watch?v=aCJdHrsf9HE

The wholesale ransacking of the country by gangsters continues unabated…

See also: #Blackprivilege! SOWETO RESIDENTS’ ELECTRICITY BILL SURPASSES R18 BILLION – So cut their damn electricity! Why must the
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De Ruyter has an impossible task of saving bankrupt Eskom

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The fact that Eskom is in a bad position is common knowledge, and this news are reaching investors abroad. The dire condition of SA’s economy makes investors hesitant to invest in the country since they will be risking their money in the maze.

After the ANC regime finally realized, after 25 years of mismanagement, that they needed to find a competent person to get rid of the mess, Andre de Ruyter was appointed to the unenviable position.

His statements about Eskom are by no means flattering, and how such an enormous debt burden will be worked out, providing constant, sustainable power to the whole country, was asked too much from one person.

His meeting with the Eskom directors on Wednesday is likely to deal with the many “unplanned maintenance” that needs to be done, and clearly shows that regular checking of equipment is not done.

This is one of the main reasons why Eskom cannot provide sustainable power supplies, and experts believe that is why there i
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ANC regime has driven SA into bankruptcy over a 25-year period

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The extremely dire situation in which South Africa finds itself has raised the question of whether it is not yet time to make a survey of everything that has been destroyed in 25 years.

A political analyst points out that the first red light came on when municipalities across the country, all of which had cash stashed  up over years, suddenly turned red in the face of bankers.

Today, there is probably not one municipality that is either totally bankrupt, or hesitates on the brink of bankruptcy.

The debt burden of billions of rand in municipal structures is one of the surest ways that South Africa will look just like Zimbabwe in the foreseeable future – tar roads become dust roads, light fires sometimes, and businesses close their doors, one sooner than the other.

The government is in the same position – the latest shock is that the government has failed to raise R2bn so that the bankrupt SAA can resume its flights.

SAA is bankrupt, Eskom’s R450 billion
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SA chrome firms warn of more than 1,200 job cuts – Eskom’s unreliability and rising tariffs were some of the main reasons for the layoffs

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Joint venture partners Glencore and Merafe Resources could cut up to 665 jobs and have started consultations with workers at their Rustenburg ferrochrome smelter.

Local chrome firms on Monday warned of more than 1,200 potential job cuts, citing power cuts, rising electricity tariffs and increased competition from overseas.

The potential layoffs highlight the risks posed to Africa’s most industrialised economy by struggling state power utility Eskom, which is struggling with breakdowns at its coal-fired power plants and is mired in a financial crisis.

They also pile more pressure on President Cyril Ramaphosa’s government, which is trying to contain 29% unemployment.

Joint venture partners Glencore and Merafe Resources could cut up to 665 jobs and have started consultations with workers at their Rustenburg ferrochrome smelter.

“The consultation process is as a result of deteriorating operations and market conditions across the South African ferrochro
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Eskom drops electricity price bombshell – Consumers will pay ‘50% more’ for electricity if Eskom beats Nersa in court

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The power utility is challenging tariff increases approved by the National Energy Regulator of South Africa (Nersa) for 2019 to 2022. If Eskom gets its way, consumers will pay 50% more for electricity.

Eskom contends that approving increases by 9.41% for 2019-2020, 8.10% for 2020-2021 and 5.22% for 2021-2022 instead of the requested 16% was insufficient.

At the core of the recent court challenge is a R23billion cash injection it received from the government that Nersa deducted when approving tariff hikes for three financial years.

In its court application, Eskom contends that the alleged inadequate increase provided by Nersa presents a “material risk of potential catastrophic consequences”, not only for the power utility but for the country.

Energy expert Ted Blom said: “The contestation around the R23bn relates to the fact that at the time, Eskom and government said the money was to subsidise operating costs and Nersa dealt with it as an income state
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Why Africans Should Never Have Nuclear! Bomb Goes Off Under Energy Minister Gwede Mantashe As Bankrupt NECSA Board Suddenly Resigns!

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When it comes to nuclear, there is no such thing as leaving things to chance or not having ample room, and money, to cover all the bases. It became clear the ANC regime has no clue what this means as the NECSA board resigned, amidst information that NECSA is totally bankrupt. As the rats jump ship, will we ever find out what THEY did with all the money? Or is Gwede simply not up to the job of budgeting for his department, having been warned June last year?

It is patently obvious now why the Apartheid government got rid of their nuclear bombs BEFORE giving the country to blacks, especially with the 118 BEE and affirmative action laws and regulations, making it illegal to employ whites in government departments, meaning there are not many Europeans about to keep an eye on things. The atom bomb was thrown under Gwede Mantashe, the energy minister’s bum on Wednesday, when it became known that the board of Necsa, which is the National Atomic Energy Corporation of South A
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Brace yourself for stage 8 #RollingBlackOuts or 10-hour daily blackout, as municipalities are preparing for the worst

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Eskom was forced to implement stage 6 load shedding in December – its worst ever blackout – sending the country into a panic as not many people were aware of what that stage actually meant for them.

Municipalities too, were caught off-guard, with Johannesburg electricity distributor City Power saying at the time that it had no load-shedding schedule for Stage 6.

The year is 2020, and generation and maintenance challenges continue to mount at the state company which generates 96% of South Africa’s electricity.

As a result, all municipalities have been advised to adjust their load shedding schedule up to stage 8, the Buffalo City Municipality said in a statement on Saturday (11 January).

With each stage representing a curtailment of 5% of the national load, stage 8 will equate to 40% of the load being shed, the municipality said.

Under the previous load shedding schedule, four stages were implemented with between 1,000 MW and 4,000 MW of the national
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Bankrupt Eskom holds ANC regime hostage with ongoing #RollingBlackOuts

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It is not only the ANC’s president who lied to foreign countries and in parliament about SA’s condition but also sustained on another lie.

Eskom said he would ensure that no load shedding will be applied before January 13, and then the ANC’s Cyril Ramaphosa believed the lie and went on to sell the lying story to the whole of South Africa.

On January 5, #RollingBlackOuts shook the country with Phase 2 that lasted until 5am this morning.

This is because the poor workmanship at Medupi power station had to be blamed again for a conveyor belt breaking.

The fact that Koeberg had already supplied only 50% of its capacity throughout December was only announced on January 4.

Experts have told Die Vryburger it is becoming clearer that Eskom is holding the ANC government hostage because they want to pay performance bonuses of R1.5bn amid their bankruptcy.

Power consumers say that the only performance Eskom is rendering is to anger  its consumers.

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