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Eskom revenue growth for the financial year ending March 2021 grew because of a tariff increase, even as their sales volume dropped 6.7% over the same period thanks to the COVID-19 pandemic.
Despite the challenge of a global pandemic and external economic shocks the African Development Bank expects Africa to recover from its worst recession in 50 years and reach 3.4% economic growth in 2021.
In a conversation preceding the launch of the Bank's latest report Nobel laureate Joseph Stiglitz and AfDB President Dr Akinwumi Adesina spoke about the continent’s rising debt levels.
South African state-owned power utility Eskom has intensified the interruption of bulk electricity supply to Phokwane Local Municipality. Interruptions to Phokwane were implemented on Tuesday, 18 September 2018 due to the Municipality’s failure to...
South African state-owned power utility, Eskom, on Thursday said that non-payment of debt for the bulk supply of electricity has resulted in scheduled supply interruptions to some Free State municipalities from today, 23 March...