Eskom executives are to forgo their annual bonuses this year in light of the parastatal’s R255 billion revenue shortfall, interim CEO Collin Matjila said on Wednesday. “They acknowledged the financial constraints by agreeing to forgo their annual performance bonuses this year as one of the efforts to
Browsing: Collin Matjila
Eskom will know by the end of the month whether it needs to increase its electricity tariffs, it said on Thursday. In a statement, the state-owned enterprise said it was awaiting a determination from the National Energy Regulator of South Africa. It asked Nersa last year to evaluate and approve the regulatory clearing account balance for its previous
The fall-out from the business failure of MultiChoice rival On Digital Media, the owner of TopTV, continues unabated with news that the Industrial Development Corp has taken three of the pay-TV operator’s major shareholders to court seeking to recover more than R750m
TopTV’s acting CEO, Eddie Mbalo, looked relaxed for someone who had been in the hot seat for eight months. He was thrust into the spotlight when the pay-TV broadcaster’s founding chief, Vino Govender, left in February. The broadcaster maintains the separation was amicable, but it is clear
Craig Wilson’s opinion piece (“How Icasa has failed us”), in which he reflects on Icasa’s decision to refuse TopTV’s application for authorisation to broadcast three additional channels that will carry adult content is so extreme in its attack on Icasa that it warrants a response. The underlying thrust of Wilson’s argument