The Eskom board has agreed to bring in external engineers and auditors to get to the bottom of the crisis at the utility, says public enterprises minister Pravin Gordhan. Speaking in parliament on Tuesday during the debate on President Cyril Ramaphosa’s state of the nation address, Gordhan said Eskom faced massive problems of a structural, operational and financial nature. On Monday, the deeply indebted utility, which supplies more than 95% of SA’s electricity, took 4,000MW off the grid for the first time, as 40% of its generating capacity was unavailable with seven generating units tripping within five hours. "The Eskom board and the minister agreed to bring in external power station engineers, and an independent audit done on what exactly is going on, so that we put Eskom back on track and give South Africans, sooner rather than later, the assurance that we have an entity that is able to give us the energy security that we require," said Gordhan. The minister said one of the main ...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.