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Transmission & Distribution News

Corruption Watch files Eskom board delinquency papers

By: Bloomberg     4th February 2019 South African civil-society organization Corruption Watch said it has launched an application in the High Court of Pretoria to have former Eskom board members declared delinquent. The application “focuses on the violation of fiduciary duties and gross negligence on the part of former board... 

Eskom says gets R15bn loan from lending consortium

By: Reuters     1st February 2019 South Africa's struggling power firm Eskom has agreed a R15-billion loan facility with a consortium of local and international banks, it said on Friday, an important step as it tries to close a funding gap before the end of March. Eskom is vital to the health of Africa's most industrialised... 

Next generation of ‘smart lighting’ to be showcased at Taiwan expo

By: Simone Liedtke     1st February 2019 Energy efficiency is critical to sustaining smart cities, especially amid increasing urbanisation. Subsequently, the lighting industry’s focus seems to have shifted from replaceable lighting to special niche lighting, which includes aspects of smart lighting and the use of light-emitting diodes... 

Next generation of ‘smart lighting’ to be showcased at Taiwan expo
Photo by Simone Liedtke
ON DISPLAY Industrial lighting company ShinyU Lighting Company puts its products on show

Eskom laments poor quality of coal  

By: Kim Cloete     31st January 2019 Eskom COO Jan Oberholzer has called on coal mining companies to "play ball" and improve the quality of the coal they supply to the utility. He has also outlined the massive challenges facing the utility and said Eskom was holding out for the National Energy Regulator of South Africa (Nersa) to... 

Eskom laments poor quality of coal

Mashaba to meet business over proposed Eskom tariff hike, Numsa to picket 

By: African News Agency      31st January 2019 Johannesburg Mayor Herman Mashaba said he was meeting the business community on Thursday to discuss the likely impact of a proposed 15 percent annual tariff increase by State power utility Eskom over the next three years. The National Union of Metalworkers of South Africa (Numsa) said it would... 

Mashaba to meet business over proposed Eskom tariff hike, Numsa to picket
Johannesburg Mayor Herman Mashaba

How South Africa could fix distressed Eskom

By: Bloomberg     31st January 2019 South Africa’s government will announce within a month how it plans to fix Eskom Holdings, the embattled state utility that supplies more than 90% of the nation’s power. There are no easy remedies. The company is R419-billion in debt, is losing money hand over fist, has way more staff than it... 

Minerals Council's Langenhoven warns of tipping point for mining if electricity tariffs increase by 15% a year  

By: Nadine James     30th January 2019 State-owned utility Eskom’s proposed tariff increases would cost some 150 000 direct mining jobs, all but eliminate the gold sector and, as a consequence, reduce Eskom’s mining client base by around 36%, thereby exacerbating the utility’s “death spiral”, Minerals Council South Africa chief... 

Minerals Council's Langenhoven warns of tipping point for mining if electricity tariffs increase by 15% a year
Minerals Council South Africa chief economist Henk Langenhoven discusses the impact of Eskom’s proposed tariff increases on South Africa's mining sector. Video and editing: Darlene Creamer.

Opinion: Will unbundling Eskom ensure a sustainable electricity system?  

By: Tobias Bischof-Niemz     30th January 2019 That Eskom needs to be restructured is no longer in question. In its current form, the organisation poses a systemic risk to the South African economy and is ‘too big to fail’. The real question is what form this restructuring should take. For sure, the generation assets need to be separated from... 

Opinion: Will unbundling Eskom ensure a sustainable electricity system?
Photo by Creamer Media
Dr Tobias Bischof-Niemz

Gordhan says Eskom restructuring decision imminent  

By: Terence Creamer     29th January 2019 Public Enterprises Minister Pravin Gordhan said on Tuesday that Eskom’s financial and operational problems were unlikely to be solved without structural changes being made at the State-owned electiricity utility. Speaking as part of a panel discussion at Business Unity South Africa’s inaugural... 

Gordhan says Eskom restructuring decision imminent
Photo by Dylan Slater
Public Enterprises Minister Pravin Gordhan

Numsa slams 'nefarious' plans to privatise Eskom, other SOEs

By: African News Agency      28th January 2019 The National Union of Metalworkers of South Africa (Numsa) has accused the governing African National Congress of pursuing what it calls 'nefarious' plans to privatise power utility Eskom and other cash-strapped state owned enterprises. In a column published in a local newspaper on Sunday, Numsa... 

Acquisition of German company confirmed

25th January 2019 The acquisition of Germany-based planetary drives producer O&K Antriebstechnik GmbH by Italian gear motors, drive systems and planetary gearboxes producer Bonfiglioli and Italian transmission systems producer Carraro has made Bonfiglioli the sole owner of O&K Antriebstechnik GmbH. The process,... 

Acquisition of German company confirmed
BONFIGLIOLI AS GLOBAL LEADER The company's goal is to continue expanding into heavy construction, mining machinery, marine, port and airport equipment markets

Company focused on agriculture

By: Cameron Mackay     25th January 2019 The agricultural sector is set to become a significant focal point for leading bearings and power transmission product distributor Bearings International (BI) in 2019, as it expands its portfolio of agricultural application products in the first quarter of this year. “There are a few product... 

Company focused on agriculture
AGRI-SMART SOLUTION The joint venture will bring the most essential spare products closer to farmers, in order to satisfy their maintenance needs for bearings and agricultural products

Expanded products portfolio leads to new opportunities

By: Cameron Mackay     25th January 2019 New markets and opportunities have arisen after technical solutions provider BMG expanded its products portfolio with the addition of Fenner conveyor belting products last year. “BMG decided to sign a long-term agreement in 2018 with polyvinyl chloride (PVC) solid woven conveyor belting products... 

Expanded products portfolio leads to  new opportunities
FENNER PRODUCT GROUP 2018 The extended scope has put BMG in a position to deal with conveyors clients

Collaboration key to protect critical infrastructure from cyberthreats

By: Schalk Burger     25th January 2019 Electrical engineers and those involved in the power generation sector play a critical role in hardening power operations against intruders. However, the collaboration and support of corporate management and information technology (IT) departments are essential to mitigate cyberthreats, says... 

Eskom should be split, experts to tell president – sources 

By: Reuters     24th January 2019 South Africa's Eskom could be split into three separate firms under proposals from experts President Cyril Ramaphosa has hired to help revive the ailing state power company, two sources familiar with the matter told Reuters. Reforming Eskom is vital to get Africa's most industrialised economy... 

Eskom warns of impact of rising municipal debt on its sustainability 

By: Tasneem Bulbulia     24th January 2019 Rising municipal debt, coupled with Eskom’s poor financial and operational performance, pose a systemic risk to the sustainability of the company, State-owned Eskom CFO Calib Cassim said during public hearings into Eskom’s three-year tariff application, in Bloemfontein, on Wednesday. Cassim said... 

World Bank says Eskom debt restructuring should be coupled to power market reform  

By: Terence Creamer     23rd January 2019 World Bank country director Paul Noumba Um believes the South African government is moving in the “right direction” by pursuing discussions on possible debt relief for Eskom in conjunction with plans for restructuring the utility and overhauling the architecture of domestic power market. He also... 

World Bank says Eskom debt restructuring should be coupled to power market reform
World Bank country director Paul Noumba Um on restructuring of Eskom and the need for power-market reform. Camera Work & Editing: Darlene Creamer

World Bank says Eskom simply too big to fail

By: News24Wire      22nd January 2019 The World Bank has argued that Eskom is too big to fail, and the South African economy would not withstand a financial meltdown of the cash-strapped power utility. "It is just too big to allow it to disintegrate, and fixing all these pieces will be costlier than trying to reform it," the bank’s... 

 World Bank says Eskom simply too big to fail

Eskom faces coal supply shortfall, long term contracts coming to an end – manager

By: African News Agency      18th January 2019 State-owned electricity utility Eskom is grappling with a coal supply shortfall at several power stations with long term contracts coming to an end, a senior company executive has said. South Africa is also experiencing lack of new mining investments in large scale coal mines and execution of... 

Eskom faces coal supply shortfall, long term contracts coming to an end – manager

No pleasantries as KZN consumers challenge Eskom’s proposed tariff increase

By: African News Agency      18th January 2019 Instead of granting increases to Eskom’s “fat cats”, the state-owned energy supplier should be told to reclaim money stolen through corruption, representatives from the National Energy Regulator of South Africa (Nersa) were told on Thursday. “We propose a radical shift in how electricity is... 

South Africa’s electricity sector 

18th January 2019 Creamer Media's Chanel de Bruyn speaks to Engineering News Editor Terence Creamer about Eskom’s latest tariff applications, its debt burden and what South Africa needs to ensure the future sustainability of its electricity supply. 

South Africa’s electricity sector
South Africa’s electricity sector

Johannesburg city council discovers almost R9m in lost revenue

By: African News Agency      17th January 2019 The Johannesburg city council says an operation in Fourways led to the discovery of almost R9-million in lost revenue due to illegal connections to services since 2015. "The three properties which were visited were also found not to have complied with the city's bylaws and were fined," it said of... 

Don’t hurt farmers with higher electricity tariffs, says Agri Western Cape 

By: Kim Cloete     15th January 2019 Sharp electricity tariff hikes would have a major detrimental effect on the agricultural sector, Agri Western Cape has said during public hearings into electricity tariffs. In its submission to the National Energy Regulator of South Africa (Nersa), Agri SA said high increases in electricity costs... 

Electricity increases will badly hurt the poor, say community leaders, residents  

By: Kim Cloete     15th January 2019 Community and faith leaders, as well as pensioners and residents, have called on the National Energy Regulator of South Africa (Nersa) to oppose Eskom’s request for a tariff hike, with a projected overall increase of 45% to 2021. “If granted, this price increase will severely impact on all... 

Electricity increases will badly hurt the poor, say community leaders, residents

'Find it in your heart, Eskom' – public's pleas on 'unbearable' tariff hikes  

By: News24Wire      15th January 2019 Granting power utility Eskom the 15% annual tariff hike it has asked for will only add pressure to already struggling households, the National Energy Regulator of South Africa (Nersa) heard on the second day of public hearings.  The energy regulator, which sets prices and tariffs for Eskom,... 

'Find it in your heart, Eskom' – public's pleas on 'unbearable' tariff hikes

Goldman models risk of 1 000 basis point Eskom blowout for South Africa  

By: Reuters     15th January 2019 Investment bank Goldman Sachs said South Africa's rand could tumble 3.5% if State-run power utility Eskom suffers a major sell-off in its bonds, but it could also jump 4.5% if the firm's troubles improve. Goldman's analysts said an Eskom risk gauge used by the bank was now close to its most... 

Goldman models risk of 1 000 basis point Eskom blowout for South Africa

Organisations criticise ‘untransparent’ and ‘inefficient’ Eskom

By: Kim Cloete     14th January 2019 The Organisation Undoing Tax Abuse (Outa) has suggested that Eskom should be granted an electricity tariff increase of only 5% over the next three years and pushed for a radical overhaul of the utility. “We recommend a consumer price index tariff increase of 5% a year for the multiyear price... 

Salga warns of the dangers of raising electricity tariffs

By: Kim Cloete     14th January 2019 The South African Local Government Association (Salga) has rejected Eskom’s appeal for a 15% tariff increase over the next three years, saying the utility is "out of touch with reality". “There is already too much burden hanging over South African customers. We can’t expect them to pay,” Salga... 

Nersa begins public hearings on Eskom tariffs

By: African News Agency      14th January 2019 The National Energy Regulator of South Africa (Nersa) on Monday began public hearings on Eskom's application to increase electricity tariffs annually by 15 percent for the next three years. The hearings on the multi-year price determination (MYPD4) kicked off in Cape Town, with heated objection... 

Nersa begins public hearings on Eskom tariffs

We must apologise to South Africans for 'avoidable' challenges – Eskom CEO 

By: News24Wire      14th January 2019 Eskom's 15% tariff increase for the next three years may seem steep, but Eskom has run into challenges which it cannot solve alone, CEO Phakamani Hadebe said. The executive made opening remarks at the National Energy Regulator of South Africa's (Nersa) nationwide public hearings, which kicked off... 

 We must apologise to South Africans for 'avoidable' challenges – Eskom CEO
Photo by Dylan Slater
Eskom CEO Phakamani Hadebe

Uganda aims to impose penalties on distributor for power outages

By: Reuters     11th January 2019 Uganda aims to impose financial penalties from March on its sole power distributor Umeme for any frequent and prolonged supply outages, the regulator said. The public has long complained about high tariffs and long power cuts, while unreliable supplies add extra costs to businesses, which often... 

City of Tshwane teams scurry to restore power to storm-hit areas

By: News24Wire      9th January 2019 City of Tshwane officials are working hard to restore power to areas affected by a storm that hit Pretoria and surrounding areas on Tuesday evening, which led to outages and several fallen trees. Areas affected by the storm include Irene, Olympus, Monavoni, Saulsville, Raslouw, Heuwelsig,... 

Eskom is said to extend job cuts beyond top management tier  

By: Bloomberg     7th January 2019 Eskom Holdings will extend its strategy of trimming top executive positions to include lower ranking managers and finally the general workforce as South Africa’s cash-strapped power utility looks to cut costs, according to a person familiar with the plans. The state-owned company last month... 

Hitachi to acquire ABB's power grids unit valued at $11bn

By: Bloomberg     17th December 2018 Hitachi agreed to buy ABB’s power grids division in a deal that values the entire business at $11-billion, a plan that’s aimed at turning the Japanese conglomerate into a top global provider of equipment for electricity networks. ABB will return proceeds of $7.6-billion to $7.8-billion through... 

Transfer of Eskom's debt to South African government credit neutral – Moody's

By: Reuters     14th December 2018  Power utility Eskom's request for government to take up R100-billion of its debt could cause the country's overall debt ratio to jump two%age points from the current 55.8%, ratings agency Moody's said on Friday. Moody's, the last of the top three ratings firms to still rate Pretoria's debt at... 

Eskom debt swap not an option – Ramaphosa  

By: Reuters     14th December 2018 A debt swap for cash-strapped state power company Eskom would spiral the country into more debt, South Africa's President Cyril Ramaphosa said on Thursday, adding there was a need to look at other options to shore up the company's balance sheet. Eskom, which has had to implement power cuts due to... 

Cabinet to assess municipal electricity debt management plan in Feb

By: Marleny Arnoldi     13th December 2018 The Department of Cooperative Governance and Traditional Affairs (CoGTA) on Thursday said Cabinet would, in February, consider a detailed implementation plan to deal with the more than R14-billion in debt owned by municipalities to power utility Eskom. This plan is part of CoGTA’s municipal... 

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