No indications of blackouts - Eskom | Fin24
  • Another VAT hike?

    Absa warns that govt may again announce an increase in value added tax in next month's Budget.

  • SA Revenue Service

    The tax agency says a unit that tackles illicit financial flows has recovered R2.6bn since April 2019.

  • State Capture Inquiry

    Former Eskom chairperson Zola Tsotsi says Tony Gupta threatened to have him removed.


No indications of blackouts - Eskom

Jan 14 2015 17:07

Johannesburg - No power outages are scheduled for Wednesday evening, but the power grid remains under pressure, Eskom said.

"We do not foresee the need to implement load shedding tonight [Wednesday], but the system remains tight," the media desk said.

Beeld reported on Wednesday that Eskom CEO Tshediso Matona told shocked business leaders the power utility was praying the infrastructure would not crash.

"Our senior managers pray that none of the current infrastructure breaks down. It could lead to a complete network breakdown," he reportedly said.

According to AHi head Christo van der Rheede, Matona said the country's power network was on the brink of a complete breakdown.

READ: Fear of unforeseen Eskom system collapse

Earlier, the SA Chamber of Commerce and Industry (Sacci) called on its members to submit proposals on how to survive rolling blackouts.

"The potential impacts that load shedding will have on business, business confidence and consumers alike is inestimable," Sacci president Vusi Khumalo said in a statement on Wednesday.

"Sacci believes that in situations such as this it is not only in the interests of business, but of the country as a whole, that concerted and unified action is necessary."

Khumalo said Sacci was gravely concerned about the "parlous situation" Eskom found itself in.

Sacci has undertaken to work with Eskom to find solutions.

ALSO READ: Eskom woes affect all - Sacci

eskom  |  tshediso matona  |  sa economy  |  load shedding


Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

Voting Booth

How concerned are you about ransomware attacks?

Previous results · Suggest a vote