Business
Eskom in contractual dispute─── 06:00 Wed, 07 Apr 2021
Eskom said that it has put “contingency measures” in place to reduce the risk of its reliance on software from US technology giant Oracle, with which it is in a heated contractual dispute.
According to TechCentral Eskom said Oracle is contracted to provide several technical services, but the company has claimed it is owed R7.3 billion. Eskom disputes this claim.
Oracle is a major player in enterprise business software, including ERP and database solutions.
Eskom said the amount claimed by Oracle has been reduced to less than R400 million through negotiation, but the utility believes the amount owing is far less, at R166 million.
Moneyweb
