Eskom says some industrial customers require ‘urgent’ assistance, but urges targeted subsidies

Eskom has acknowledged that urgent interventions are needed to assist certain large industrial customers, some of which are competing with international companies whose electricity is subsidised, to navigate the transition to cost-reflective electricity tariffs. In a presentation on the third day of public hearings into the State-owned utility’s 2022/23 allowable revenue application, CFO Calib Cassim said that the country needed to assist industry to remain sustainable, as retaining such operations was critical from an economic perspective.
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NPA steps in as Optimum Coal Terminal interdict falls away

The Johannesburg High Court has declined to grant a declaratory order sought by directors of the Gupta-linked Tegeta Exploration and Resources to prevent business rescue practitioners from progressing the rescue of Optimum Coal Terminal. The judgment, handed down on Tuesday, has, however, immediately sparked an engagement between the business rescue practitioners of the Terminal and the National Prosecuting Authority (NPA), which has threatened to seek another interdict if talks fail.
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30 heavily armed suspects kill Eskom security guard during cable theft incident

An Eskom security officer has been shot dead in Soweto. Around 30 heavily armed suspects shot at the officer and six of his colleagues on Tuesday, 11 January during an alleged attempt to steal copper cable outside the Eskom Klipspruit Customer Network Centre (CNC) in Soweto.
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