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Eskom

Address:

Maxwell Drive, 2157 Sunninghill

Telephone:
+27 11 800 8111

Description
Eskom, as a state-owned enterprise, has a greater role to play in addition to the supply of electricity. We also support South Africa’s growth and development aspirations.
Providing electricity to all South Africans.
Electricity is a necessary and important input to all economic activity, and in particular is important for realising national socio-economic objectives. The consequences of operating a power system with a limited reserve margin became apparent in January 2008 when Eskom was forced to introduce emergency load shedding. Investment in electricity generation infrastructure is a necessary precondition for sustained economic growth. Fundamentally, new investments in other sectors can only proceed if the future supply of electricity is secure.
Providing a reliable electricity infrastructure.
For direct foreign investment, a secure and reliable electricity supply is a prerequisite. Eskom must ensure that South Africa remains an attractive investment destination.

Keywords
Industry, Electricity, Electricity Supply, Enterprises, Power Systems, Nuclear Energy, Socio-Economic Objectives, Driving Transformation, Electricity Infrastructure
Company description
Supporting other industries.
Over and above supplying electricity, the size of the organisation’s current operations and expansion makes Eskom an important economic stimulant. For example, as electricity generation uses approximately 50% of the country’s coal production, the continued operation of Eskom is therefore an integral part in ensuring sustainability of the coal mining sector and related industries – sectors that provide substantial employment.
Driving transformation.
Eskom’s affirmative procurement strategy has a direct bearing on redistributing wealth and income in society. Eskom continues to support procurement with BEE and BWO suppliers, thereby channelling significant amounts of money into these sectors.
Creating jobs and new industries.
Over the next five years (to March 2013) Eskom plans to spend R385 billion on capital expenditure. This is the biggest build programme in the country and will have large spin-offs through the awarding of contracts, investment by suppliers and the purchasing of goods and services sourced from South Africa. This will help to create approximately 40 000 direct and indirect new jobs, with the related skills development benefits.