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World Bank warns about utility debt

Power utilities increasing their borrowings to cover costs, may put these institutions on “a very dangerous slippery slope”, said senior energy specialist at the World Bank, Chris Trimble when he addressed delegates at the recent Africa Utility Week Conference in Cape Town.

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Eskom seeks to shed the blackout shadow

Eskom’s CEO, Brian Molefe seemed relaxed and confident at the quarterly “State of the System Briefing” at parliament yesterday as he assured the nation that Eskom is back in control of the system, rather than the other way around. He affirms that there will be no load shedding until at least February 2017, and even went on to expand on the company’s plans to be able to export energy within the next decade.

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