The high court in Pretoria on Friday declared all the City of Tshwane’s agreements with PEU Capital Partners and its implementing agent TUMS constitutionally invalid. The court further ordered that R950m
Author: Antoinette Slabbert
Energy regulator Nersa on Thursday opened the consultation process for Eskom’s application for an average tariff increase of 19.9% by publishing the application on its website. If approved, the increase would apply to Eskom’s direct
An intervention by the Democratic Alliance administration in Johannesburg to clean up contracts with service providers has brought the electronic enforcement of speed limits to a halt and seriously affected law enforcement
Eskom staff received a huge bonanza on 11 July when their performance bonuses were paid out, at an average of R88 883.35/employee. On the same night, the presentation of the utility’s annual financial
Eskom CFO Anoj Singh on Wednesday promised to submit what he called a “tell-all” report about two trips he allegedly undertook to Dubai that were allegedly paid for by the controversial Gupta family. Journalists
Albert Saporta, a director of Geneva-based investment advisory firm AIM&R has written an open letter to Naspers CEO Bob van Dijk accusing him of destroying R334bn of shareholder value since his appointment more than three years ago
Listed printing and publishing company Caxton on Wednesday presented its understanding of the Naspers control structure which, if true, would mean the end of the Keeromstraat-Nasbel voting pool that currently controls the Naspers group. Caxton argued this
Eskom wants its clients to pay on average 19,9% more for electricity from 1 April next year and proposes that municipalities pay 27,3% more for bulk electricity purchases from 1 July 2018. This comes against the background of controversy about
Eskom chairman Ben Ngubane admits in court papers that the Eskom Pension and Provident Fund (EPPF) rules do not permit the large pension payout the board tried to wangle for its CEO Brian Molefe
The rules of the Eskom pension and provident fund do not allow for early retirement of Eskom employees like Brian Molefe, who are younger than 55, the Democratic Alliance told the Gauteng division of the high court