Browsing: Eskom

Eskom recently repeated that it will not conclude supply contracts with the developers of new renewable energy power stations. These developers were selected under a programme to facilitate private sector involvement in the

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

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

The Eskom board must rescind the reappointment of Brian Molefe as CEO of the state-owned electricity utility, public enterprises minister Lynne Brown said in Cape Town on Wednesday. The order by the minister comes days after

South Africa has, in the past, been credited with taking on innovative corporate governance standards and integrated reporting. So, it’s particularly depressing to see the spectacle around the country’s largest state-owned enterprise, power utility Eskom

The two new data centres that Microsoft plans to build in South Africa will one day provide cloud computing services to the entire African continent. The power they use, however, will be generated and consumed entirely within South Africa’s grid.

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