Free Trial

Eskom Fears 'Catastrophic Consequences' In Oracle Debacle

TURKEY
  • Eskom warns of 'catastrophic consequences' if Oracle withdraws its services over a contractual dispute.
  • Some colour on services provided by Oracle.
    • Eskom's online vending system enabling sale of electricity * maintenance tools for power outages
    • Tools for logging electrical faults
    • Control of electricity grids, which allow areas to be switched off
    • Load monitoring of electricity generation power stations
  • While Eskom has said it has risk mitigation measures in place it says there is a risk major to the electric supply - News24
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.