Eskom does not have money for diesel.

Stage 2 load-shedding is set to continue until 4 this afternoon. Thereafter stage 3 will be implemented until 5 tomorrow morning, from when stage 2 will again be implemented until further notice. Eskom says this is an effort to allow for sufficient time to refill its pumped storage reserves. Meanwhile Eskom says the current load-shedding has been caused by the power utility’s financial position. Briefing the media on the energy crisis, operational chief Jan Oberholzer said Eskom does not have sufficient funds to buy more diesel. He says municipalities owe the power supplier a total of 52-billion-rand, exacerbating the financial constraints.

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