Eskom will sign delayed power-purchase agreements with independent producers by the end of October, but not before pricing on the deals is renegotiated, energy minister Mmamoloko Kubayi said. The
Browsing: Eskom
South Africa’s debt-laden state-owned companies may represent the single biggest risk to the country’s economy, according to Nedbank CEO Mike Brown. The assets, which include power utility Eskom
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
South Africa will extend more support to beleaguered state-owned power utility Eskom and is considering selling assets as part of a 14-point plan to revive an economy that’s in its second recession in almost a decade. The country will
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
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