20100602
SABC

Eskom says there could be more power disruptions between 2011 and 2012, because of an expected increase in demand. The utility today announced that it's on the path to financial recovery and has made a profit of R3.6 billion, after a loss of just over R9 billion last year.

But on the eve of the 2010 FIFA World Cup and an approaching winter, Eskom says it has just enough coal stockpiles for 37 days. The utility says from next year more power cuts can be expected.

The utility also says it is unsure about post-2017 - that's when the security of their supply cannot be guaranteed. It still faces a funding shortfall of R190 billion over the next seven years. Eskom says it will attempt to raise the money on the international market. The power utility also intends to implement internal savings of about R20 billion over seven years.

Retrenchments have also been ruled out. Eskom’s acting CEO and chairperson Mpho Makwana announced the appointment of three senior managers. The appointment of a chief executive to replace Jacob Maroga is also imminent.