Page 23 - Ted Blom News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Photo: Michel Bega BUSINESS NEWS - Amid a debt dispute, Eskom says it would be difficult to quantify how much it would cost the power utility if technology company Oracle Corporation pulled the plug. This is after Eskom announced on Monday it had lost a court battle against Oracle in which it tried to force the company to continue providing technical support services. The power utility has since signalled its intent to appeal the Johannesburg High Court’s ruling. Oracle claims it is owed money by the utility, initially R7.3 billion, but reduced to “just under R400 ...

Eskom dispute with Oracle a threat to every South African, says energy expert The company claimed that it had been underpaid by around R7.3 billion. Eskom denied this, saying that the amount was R166 million. Megawatt Park pictured on Johannesburg on 12 March 2015. Picture: EWN 3 hours ago CAPE TOWN - An independent energy expert said that Eskom's fallout with computer technology company Oracle threatened the livelihoods of many South Africans. Eskom's found itself in a contractual dispute with the South A...

Oh, the indignity of it all: Eskom has confirmed it will implement load shedding on Wednesday, Thursday and Friday this week, as Stage 2 cuts grip the country. The Western Cape, meanwhile, will have to navigate a troublesome cold front over the next few days – and apparently, this has the potential to exacerbate the issues with our power supply. Load shedding forecast: It gets worse… A torrent of rain is set to batter the south-west over the next 24 hours or so. With extreme weather conditions, a threat to electricity infrastructure is usually in place. Should more power sources be impact...

On Tuesday, the North Gauteng High Court in Pretoria granted Eskom an order which allows the power utility to increase electricity prices by 15.63% on April 1.

Eskom's gain a loss for economy – expert warns 19 February 2021 - 07:21 Energy expert Ted Blom has warned that the Eskom electricity hike will further restrain the economy recovery and lead to more job losses, as has happened in the past. He said the country lost millions of jobs during the Covid-19 pandemic and the 15.63% hike, coming into effect on April 1, would make things worse as large companies could reconsider keeping their businesses in SA due to the dwindling economy... This article is free to read if you register or sign in. If you have already registered or subscribed,...