German software giant SAP has reported alleged misconduct in its South African operation to US authorities responsible for enforcing the US Foreign Corrupt Practices Act and initiated disciplinary procedures against three of four
Browsing: Eskom
Acting Eskom CEO Johnny Dladla has been removed from the position, just four months after being appointed, and replaced him with Sean Maritz, the state-owned power utility’s chief information officer
skom has said it will ask McKinsey & Co and Trillian Capital Partners to return “unlawful” payments that the power utility has made under arrangements with the companies. Eskom is seeking the return of R1bn from McKinsey and
South Africa is ready to start a probe into contracts of state-owned power utility Eskom, which provided false information about dealings with Trillian Capital Partners and McKinsey & Co, public enterprises minister Lynne Brown
Business Leadership South Africa (BLSA) has suspended the membership of both Eskom and Transnet with immediate effect, citing the state-owned enterprises’ connection with “extensive allegations of corrupt behaviour over
Debt and corruption scandals at Eskom make the utility the biggest risk to South Africa’s economy and the government needs to replace its management, Goldman Sachs Group has said. Eskom plans to
Public enterprises minister Lynne Brown has instructed Eskom to begin legal action against companies including McKinsey & Co over their involvement in disputed contracts at the state-owned electricity
South African programmes to add coal and gas power generation from independent providers should wait until policies are updated and the nation’s future needs are clearer, said energy minister Mmamaloko Kubayi
After helping topple one of Britain’s best known PR companies, South African anti-corruption groups are now targeting US consultancy McKinsey & Co and auditing firm KPMG for doing work for
Energy regulator Nersa on Thursday opened the consultation process for Eskom’s application for an average tariff increase of 19.9% by publishing the application on its website. If approved, the increase would apply to Eskom’s direct