A forensic report into Eskom and Transnet found some executives and board members failed to act in the companies’ best interests and recommended criminal investigations against them.
It may seem a trivial matter, but the significance of the decision by new Eskom group chief executive Phakamani Hadebe to reintroduce weekly system status bulletins cannot be overstated. On Thursday, at the launch of the first
Soon after it began in 2011, South Africa’s renewable power programme became the world’s fastest-growing. Almost US$15bn poured into clean energy in seven years, financing everything from wind farms to solar towers. New
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
Scandal-hit state power utility Eskom placed chief financial officer Anoj Singh on special leave on Thursday after he was linked to a series of questionable deals with members of the Gupta family who are
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
Eskom said on Monday that auditors have raised concerns about issues relating to Matshela Koko and Brian Molefe, who both ran South Africa’s state-run power utility this year, in their year-end review. The company’s external auditors
Public enterprises minister Lynne Brown has named four interim members to the board of embattled state-owned electricity company Eskom. The appointees are Banothile Makhubela, Sathie Gounden, Pulane Molokwane
Eskom chairman Ben Ngubane has resigned amid management turmoil and probes into its financial dealings, weeks after its CEO was removed. “Ngubane formally tendered his resignation, which I accepted