South Africa’s Eskom warns of power cuts due to low coal stockpiles

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JOHANNESBURG (Reuters) – South Africa’s cash-strapped power utility Eskom said on Monday the risk of nation-wide electricity outages had increased significantly due to a sharp fall in coal stockpiles at five of its power stations.

“The risk of load-shedding is there and its rising,” said Eskom spokesman Khulu Phasiwe.

“In total, we have 11 coal-fired power stations that have less than the required minimum amount of 20 days stockpile. Out of the 11, five of them have less than 10 days of coal stock and that is the challenge.”

Reporting by Mfuneko Toyana; Editing by James Macharia

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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