The R3.8-billion claim Eskom has made against former executives as well as former minister Mosebenzi Zwane and the Gupta brothers, is a matter of principle, CEO André de Ruyter said on Tuesday.
The SIU is going after members of the Gupta family, and former Eskom executives, board members and other associates in an effort to recoup R3.8-billion that the power utility lost when the Gupta family acquired Optimum Coal.
Civil society organisation Corruption Watch said it has launched an application in the high court in Pretoria to have former Eskom board members declared delinquent.
It’s deja vu for South Africa as a chronic power deficit plunges large tracts of the country into darkness and casts a pall over the already struggling economy.
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