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November 29, 2015 7:22 AM ET

Electric Utilities

Company Overview of Eskom Holdings SOC Limited

Company Overview

Eskom Holdings SOC Limited generates, transmits, and distributes electricity to industrial, mining, commercial, agricultural, and residential customers in South Africa. It generates power though nuclear, hydro-electric, wind, gas turbine, coal, and pumped storage plants. The company also operates service concessions for the generation and/or transmission of electricity in Mali and Uganda. In addition, it sells electricity to metros and municipalities who in turn redistribute it to businesses and households within their areas; and purchases electricity from independent power producers, as well as buys and sells electricity in the Southern African Development Community region. The company was ...

Megawatt Park

2 Maxwell Drive



Johannesburg,  2157

South Africa

Founded in 1923

46,490 Employees


27 11 800 8111

Key Executives for Eskom Holdings SOC Limited

Group Chief Executive Officer and Director
Age: 49
Chief Financial Officer and Director
Company Secretary
Acting Group Executive of Human Resources
Age: 47
Group Executive for Distribution
Age: 54
Compensation as of Fiscal Year 2015.

Eskom Holdings SOC Limited Key Developments

Eskom and Agence Française de Developpement Sign Credit Facility Agreement

Eskom and Agence Française de Developpement (AFD) signed a ZAR 2.3 billion credit facility agreement for funding Eskom's distribution projects in the Eastern Cape, KwaZulu-Natal and Limpopo. According to Eskom, repayment of the loan would be at "competitive rates" and will finance investments for grid strengthening, refurbishment, reliability improvement, reticulations, split metering and upstream grid reinforcement to cater for renewable energy. Additionally, Eskom has even inked a financial partnership deal worth around ZAR 6.8 million with EDF group and AFD. Funding, in the form of a grant, will be financing the exchange of knowledge and expertise from EDF in various areas, also to include renewable energy integration.

Eskom Holdings SOC Limited Presents at 13th Annual African Capital Markets Conference, Nov-26-2015 01:40 PM

Eskom Holdings SOC Limited Presents at 13th Annual African Capital Markets Conference, Nov-26-2015 01:40 PM. Venue: Cape Town International Convention Centre (CTICC), Convention Square, 1 Lower Long Street, Cape Town, 8001, South Africa. Speakers: Mandla Maleka, Chief Economist.

Eskom Announces New Executive Team

Eskom has appointed a new executive committee to steer the power utility's turnaround strategy. The members are Anoj Singh (Chief Financial Officer), Abram Masango (Group Executive for Group Capital), Matshela Koko (Group Executive for Generation), Thava Govender (Group Executive for Transmission), Mongezi Ntsokolo (Group Executive for Distribution), Ayanda Noah (Group Executive for Customer Services) and Elsie Pule (Acting Group Executive for Human Resources). Additionally, the company confirmed some new positions in the office of the Group Chief Executive. These are Freddy Ndou (Divisional Executive for Strategy Support), Brigadier General (Ret.) Tebogo Rakau (Divisional Executive for Security) while Suzanne Daniels assumed responsibility as the new Company Secretary on October 1, 2015.

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