BUSINESS NEWS

Chasi flies to SA to finalise a power import deal with Eskom

Energy and Power Development Minister Fortune Chasi is in South Africa to finalise a power import deal with Eskom as the Government moves to reduce power shortages. Minister Chasi's trip to South Afri...

By Staff reporter | Published: 10 July 2019
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INDUSTRIALS & ENERGY

Eskom confirms Zimbabwe paid back the money

Eskom has confirmed that payment from Zimbabwe regarding outstanding debt is reflecting in the power utility's account. Earlier on Tuesday, Fin24 reported that Zimbabwe Energy minister Fortune Chasi p...

By Staff reporter | Published: 02 July 2019
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BUSINESS NEWS

Chasi posts R139 million proof of payment to Eskom on Twitter

Zimbabwe's energy minister Fortune Chasi was on Tuesday forced to put the proof of the country's US$10m (R139m) payment to Eskom on his twitter account, after earlier claims of having paid was refuted...

By Staff reporter | Published: 02 July 2019
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INDUSTRIALS & ENERGY

Zimbabwe confirms Eskom payment

Government yesterday confirmed paying US$10 million to South African power utility, Eskom, to service the debt to the power utility - and the money was set to be in the receiver's bank by end of day y...

By Staff reporter | Published: 02 July 2019
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BUSINESS NEWS

Chasi blames Ncube, Mangudya over Eskom gaffe

ENERGY minister Fortune Chasi has publicly apologised for the embarrassment he caused after the government misinformed the public that the State had paid a US$10 million to settle a debt with a South ...

By Staff reporter | Published: 01 July 2019
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BUSINESS NEWS

Zesa pays Eskom $12 million

Zesa Holdings has paid South African power utility, Eskom $12 million to avoid being switched off and will pay another $20 million this month as it battles to liquidate its arrears.The power utility a...

By Staff reporter | Published: 03 October 2017
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BUSINESS NEWS

RBZ to pay Eskom $32m to avoid power cuts

The Reserve Bank of Zimbabwe (RBZ) will pay $32 million to South Africa power utility, Eskom to ensure continuous power supply to Zimbabwe.ZESA Holdings is complementing its power supplies by importin...

By Staff reporter | Published: 21 September 2017
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INDUSTRIALS & ENERGY

Eskom threatens to switch off ZESA

South African power utility, Eskom has threatened to switch off ZESA Holdings by the end of this month if it fails to adhere to the agreed payment plan.The government through ZESA Holdings agreed to p...

By Staff reporter | Published: 26 July 2017
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AFRICA NEWS

Zuma, Gupta to testify at Eskom inquiry

Thursday August 17 is D-day for Duduzane Zuma and Ajay Gupta, who are due to testify at the parliamentary inquiry into Eskom.The inquest into the state of affairs at the power utility officially start...

By Staff reporter | Published: 25 July 2017
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AFRICA BUSINESS

Eskom boss Brian Dames quits

Johannesburg - Eskom said yesterday its chief executive would step down in March, departing the power utility at a time when South Africa  struggles to keep the lights on due to tight electricity...

By Fin24. | Published: 06 December 2013
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