calib cassim

  1. Hanno Labuschagne

    Eskom loss surges to R55 billion after NTCSA separation

    Eskom loss surges to R55 billion after NTCSA separation Eskom recorded an after-tax loss of R55 billion in its previous financial year, running from April 2023 to March 2024. The amount is over double the R26.1 billion loss Eskom reported in its 2023 financial year.
  3. Hanno Labuschagne

    Kusile Unit 5 synchronised to grid for first time

    Kusile Unit 5 synchronised to grid for first time Eskom synchronised Unit 5 of the Kusile Power Station to the national grid for the first time at 17:22 on Sunday, 31 December 2023. The unit will contribute an additional 800MW to the country's power system. Unlike the three Kusile units...
  4. Jan

    Eskom acting CEO: Time for excuses is over

    Time for excuses at Eskom is over Acting Eskom CEO Calib Cassim has said that he expects the power utility’s financial results to significantly improve from next year. “The time for excuses for Eskom and its staff is over. We now need to deliver for the organisation and the country,” Cassim...
  5. Jan

    Unless Eskom keeps breakdowns below 18000MW, Stage 8 is "extremely" likely - acting CEO

    Eskom CEO's Stage 8 load-shedding warning Eskom says it is focused on keeping its unplanned generation capacity loss factor below 15,000MW to keep load-shedding to a minimum this winter. Acting CEO Calib Cassim warned there is an "extremely high" chance of Stage 8 load-shedding during the...
  6. Jan

    Acting Eskom CEO says they would consider limiting power cuts to Stage 6 this winter a success

    Stage 6 load-shedding will be a "success" for Eskom this winter, says CEO Acting Eskom CEO Calib Cassim says that the utility would regard it as a success if it could prevent load-shedding from going beyond stage 6 during the coming winter. These comments came during a panel discussion on the...
  7. Jan

    Eskom chair says they have shortlisted five candidates for CEO

    Eskom shortlists five candidates for CEO Five candidates have been shortlisted to take on the role of Eskom CEO, according to News24. This was announced by Eskom chairperson Mpho Makwana, who spoke at the National Demand Side Management Indaba on Monday morning.
  8. Jan

    Eskom appoints Bheki Nxumalo as head of generation

    Eskom appoints head of generation, effective immediately Eskom has appointed Bheki Nxumalo as Group Executive Generation, effective immediately. His career in the energy sector spans over 20 years, from junior to senior management and executive levels.
  9. Jan

    Eskom posts huge half-year profit decline, Martin Buys appointed acting CFO

    Eskom announces acting chief financial officer — and big half-year profit decline Eskom has announced that Martin Buys will act as the state-owned power utility’s chief financial officer until further notice. This is while Eskom’s current CFO, Calib Cassim, serves as acting CEO following the...
  10. Jan

    Eskom employee kidnapped, assaulted, released and admitted to hospital

    Eskom employee kidnapped Eskom has confirmed and condemned the abduction of one of its employees on 16 March 2023. The state-owned power utility said the person’s car was shot at multiple times, and they were forcefully taken by seven assailants.
  11. Hanno Labuschagne

    Calib Cassim appointed as Eskom interim CEO

    Calib Cassim appointed as Eskom interim CEO Eskom has appointed chief financial officer (CFO) Calib Cassim as its interim group chief executive officer (CEO) following the exit of André de Ruyter. The utility said it was pleased to announced that Cassim would take the reigns with immediate...
  12. Jan

    Eskom "appreciates" Nersa's tough decision to grant 18.65% electricity price hike

    Eskom welcomes 18.65% electricity price hike Eskom has welcomed the National Energy Regulator of South Africa's (Nersa) approval of an 18.65% electricity tariff increase. The power utility had asked the regulator to approve a 32.02% price increase in its annual tariff application.
  13. Jan

    Eskom finally releases financial results and reports improvement - R12.3 billion loss

    Eskom reports R12.3 billion loss Eskom has announced that it has incurred a R12.3 billion loss for the year ending 31 March 2022. This is an improvement on 2021's R25 billion loss caused by Eskom's significant debt problem — which saw the power provider spend approximately R38.9 billion on...
  14. Jan

    Eskom responds to Nersa's approval of a 9.61% electricity tariff increase

    Eskom responds to 9.61% electricity tariff increase announcement Power utility Eskom has responded to the National Energy Regulator of South Africa's (Nersa's) decision on the electricity tariff increase the utility will be allowed to implement from April 2022. Nersa on Thursday announced it...
  15. Jan

    Eskom has applied for a 20.5% electricity price increase

    Eskom wants a 20.5% electricity price hike Eskom chief financial officer Calib Cassim has confirmed that the state-owned power utility has applied for an electricity price increase of 20.5% for its 2023 financial year, set to take effect from 1 April 2022. The company confirmed its application...
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