WRAP: There are no plans to privatise Eskom - Gordhan

06 Dec 14:12 A seat with a name badge has been reserved for Minister of Public Enterprises Pravin Gordhan, meaning he may also be involved in the briefing. 
06 Dec 13:56

Vicious Circle

Fin24 unpacks the issues facing the power utility, from increasing coal and employment costs, to stagnant revenue growth and ever-rising debt.

ANALYSIS: Eskom's deadly cocktail
06 Dec 13:55

Eskom CEO Phakamani Hadebe will on Thursday afternoon give an operational update on the state of the debt-laden and cash-strapped state power utility. 

Eskom has been forced to implement stage 2 load shedding every day of this week, as it battles to repair broken power generating units. 

According to Bloomberg and Business Day, it is also considering asking the government to take over R100bn of its R419bn debt burden. 

Economists and ratings agencies, meanwhile, say problems in supplying industry and business with uninterrupted electricity is sure to further depress SA's already moribund GDP growth rate. 

Eskom is said to propose moving debt to state, cutting jobs
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