Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News
      Schreiber suspends home affairs officials over fake AI references - Leon Schreiber

      Schreiber suspends home affairs officials over fake AI references

      30 April 2026
      South Africa headed to the polls in November

      South Africa headed to the polls in November

      30 April 2026
      Google humbles Big Tech's cloud heavyweights

      Google humbles Big Tech’s cloud heavyweights

      30 April 2026
      Logistics start-up Shiprazor pulls in R44-million seed round

      Logistics start-up Shiprazor pulls in R44-million seed round

      30 April 2026
      Why big IT projects in South Africa keep drifting off course

      Why big IT projects in South Africa keep drifting off course

      30 April 2026
    • World
      'It was my idea': Musk claims paternity of OpenAI - Elon Musk

      ‘It was my idea’: Musk claims paternity of OpenAI

      29 April 2026
      Pivotal week for US tech stocks

      Pivotal week for US tech stocks

      28 April 2026
      Worries over OpenAI's growth as Anthropic gains ground - Sam Altman. Shelby Tauber/Reuters

      Worries over OpenAI’s growth as Anthropic gains ground

      28 April 2026
      Taylor Swift trademarks her voice to fight AI fakes

      Taylor Swift trademarks her voice to fight AI fakes

      28 April 2026
      DeepSeek's long-awaited V4 model enters preview

      DeepSeek’s long-awaited V4 model enters preview

      24 April 2026
    • In-depth
      Alfa's electric rebel - Alfa Romeo Junior Elettrica Veloce

      Alfa’s electric rebel

      29 April 2026
      Africa switches on as Europe dims the lights

      Africa switches on as Europe dims the lights

      9 April 2026
      The biggest untapped EV market on Earth is hiding in plain sight

      The biggest untapped EV market on Earth is hiding in plain sight

      1 April 2026
      The R18-billion tech giant hiding in plain sight - Jens Montanana

      The R16-billion tech giant hiding in plain sight

      26 March 2026
      The last generation of coders

      The last generation of coders

      18 February 2026
    • TCS

      TCS+ | ‘The ISP for ISPs’: Vox’s shift to wholesale aggregator

      20 April 2026
      TCS | Werner Lindemann on how AI is rewriting the infosec rulebook

      TCS | Werner Lindemann on how AI is rewriting the infosec rulebook

      15 April 2026
      TCS | Donovan Marsh on AI and the future of filmmaking

      TCS | Donovan Marsh on AI and the future of filmmaking

      7 April 2026
      TCS+ | Vodacom Business moves to crack the SME tech gap - Andrew Fulton, Sannesh Beharie

      TCS+ | Vodacom Business moves to crack the SME tech gap

      7 April 2026
      TCS | MTN's Divysh Joshi on the strategy behind Pi - Divyesh Joshi

      TCS | MTN’s Divyesh Joshi on the strategy behind Pi

      1 April 2026
    • Opinion
      Free calls, dead voice and Shameel Joosub's Spanish ghost - Duncan McLeod

      Free calls, dead voice and Shameel Joosub’s Spanish ghost

      22 April 2026
      The conflict of interest at the heart of PayShap's slow adoption - Cheslyn Jacobs

      The conflict of interest at the heart of PayShap’s slow adoption

      26 March 2026
      South Africa's energy future hinges on getting wheeling right - Aishah Gire

      South Africa’s energy future hinges on getting wheeling right

      10 March 2026
      Free calls, dead voice and Shameel Joosub's Spanish ghost - Duncan McLeod

      Apple just dropped a bomb on the Windows world

      5 March 2026
      R230-million in the bag for Endeavor's third Harvest Fund - Alison Collier

      VC’s centre of gravity is shifting – and South Africa is in the frame

      3 March 2026
    • Company Hubs
      • 1Stream
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • Ascent Technology
      • AvertITD
      • BBD
      • Braintree
      • CallMiner
      • CambriLearn
      • Contactable
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • HOSTAFRICA
      • Incredible Business
      • iONLINE
      • IQbusiness
      • Iris Network Systems
      • Kaspersky
      • LSD Open
      • Mitel
      • NEC XON
      • Netstar
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Telviva
      • Tenable
      • Vertiv
      • Videri Digital
      • Vodacom Business
      • Wipro
      • Workday
      • XLink
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Financial services
      • HealthTech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Motoring
      • Policy and regulation
      • Public sector
      • Retail and e-commerce
      • Satellite communications
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
    • Events
    • Advertise
    TechCentralTechCentral
    Home » News » Brian Molefe must pay back the money

    Brian Molefe must pay back the money

    By Sasha Planting25 January 2018
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp
    Brian Molefe

    In a damning judgment, a full bench of the high court, headed by judge Elias Matojane, has ruled against Brian Molefe, Eskom and the minister of public enterprises in a case brought by the Economic Freedom Fighters, the Democratic Alliance and Solidarity.

    The high court found that the decision taken by the Eskom board in November 2016 to accept Brian Molefe’s “early retirement” was unlawful and should be set aside and that the decision taken by the minister of public enterprises to reinstate Molefe as CEO of Eskom, following the rescinding of his “early retirement”, was unlawful. As a consequence, the payment of pension benefits to Molefe, of some R10.3m, was unlawful.

    The court ordered that these payments should be repaid within 10 days of the order. In addition, the court ruled that Molefe should pay the legal costs incurred by the DA, Solidarity and the EFF.

    Scatching

    According to Molefe, the reason that he and the Eskom board agreed that his pension benefits should be calculated to age 63 “with penalties waived” was because he had been “previously employed on some short contracts and had not been in a position to accumulate pension benefits over time”.

    Judge Matojane disagreed, noting that as he had been employed in a senior position at national treasury for about seven years, as CEO of the Public Investment Corp for seven years and following that as CEO of Transnet for four years before joining Eskom. As a consequence, he had significant opportunity to accumulate pension benefits, the judge said.

    He was scathing:

    The decision by Eskom to waive penalties and buy Mr Molefe an extra 13 years of service totalling R30.1m after only 15 months’ service at the age of 50 stretches incredulity and is unlawful for want of compliance with the rule of the EPPF (Eskom Pension & Provident Fund). What is most disturbing is the total lack of dignity and shame by people in leadership positions who abuse public funds with naked greed for their own benefit without a moment’s consideration of the circumstances of fellow citizens who live in absolute squalor throughout the country with no basic services.”

    The rules of the pension fund are clear. To qualify for these benefits a (permanent) employee must have worked for the company for at least 10 years and be 55 years of age. Molefe did not qualify in either category. Moreover, he was on a five-year contract and thus was not a permanent employee.

    “There is a strong inference to be drawn from the above factors that the early retirement agreement was a deliberate scheme devised by Eskom with the involvement of Mr Molefe to afford him pension benefits he was not entitled to. The scheme permitted Mr Molefe to proceed to early retirement at age 50 by buying him extra pensionable service. The scheme was started soon after Mr Molefe’s permanent employment and was deployed after he had publicly stated that he was voluntarily leaving Eskom’s employ.”

    According to Solidarity chief executive Dirk Hermann, the matter should not even have gone to court. “It is a sad state of affairs when high-profile South Africans have to go to court in a bid to defend corrupt activities. The unlawful pension award granted to Molefe conforms to the classic definition of corruption,” Hermann said.

    According to Hermann, the ruling comes as an important victory in the battle against corruption but it is not the end of the road. “The ruling also paves the way for criminal prosecution,” Hermann said.

    • This article was originally published on Moneyweb and is used here with permission
    Follow TechCentral on Google News Add TechCentral as your preferred source on Google


    Brian Molefe Dirk Hermann Eskom Solidarity
    WhatsApp YouTube
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleAdapt IT leaps higher on strong results
    Next Article Zuma, Gupta ties to be probed by commission

    Related Posts

    SA stretches fuel tax relief as oil prices surge

    SA stretches fuel tax relief as oil prices surge

    29 April 2026
    Eskom developing bitcoin mining plan but needs Nersa's nod - Agnes Mlambo

    Eskom developing bitcoin mining plan but needs Nersa’s nod

    22 April 2026
    Eskom to decide fate of older coal stations by September - Dan Marokane

    Eskom to decide fate of older coal stations by September

    22 April 2026
    Company News
    The breach is in the database - Ascent Technology Johan Lamberts

    The breach is in the database

    30 April 2026
    Hospitality sector embraces Google Workspace and Gemini to cut admin - Digicloud Africa, Rand Data Systems

    Hospitality sector embraces Google Workspace and Gemini to cut admin

    30 April 2026
    Paratus Mozambique powers 2026 Santa Maria fishing showdown

    Paratus Mozambique powers 2026 Santa Maria fishing showdown

    30 April 2026
    Opinion
    Free calls, dead voice and Shameel Joosub's Spanish ghost - Duncan McLeod

    Free calls, dead voice and Shameel Joosub’s Spanish ghost

    22 April 2026
    The conflict of interest at the heart of PayShap's slow adoption - Cheslyn Jacobs

    The conflict of interest at the heart of PayShap’s slow adoption

    26 March 2026
    South Africa's energy future hinges on getting wheeling right - Aishah Gire

    South Africa’s energy future hinges on getting wheeling right

    10 March 2026

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Latest Posts
    Schreiber suspends home affairs officials over fake AI references - Leon Schreiber

    Schreiber suspends home affairs officials over fake AI references

    30 April 2026
    South Africa headed to the polls in November

    South Africa headed to the polls in November

    30 April 2026
    Google humbles Big Tech's cloud heavyweights

    Google humbles Big Tech’s cloud heavyweights

    30 April 2026
    Logistics start-up Shiprazor pulls in R44-million seed round

    Logistics start-up Shiprazor pulls in R44-million seed round

    30 April 2026
    © 2009 - 2026 NewsCentral Media
    • Cookie policy (ZA)
    • TechCentral – privacy and Popia

    Type above and press Enter to search. Press Esc to cancel.

    Manage consent

    TechCentral uses cookies to enhance its offerings. Consenting to these technologies allows us to serve you better. Not consenting or withdrawing consent may adversely affect certain features and functions of the website.

    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}