Brian Molefe, the CEO of South Africa’s state-owned power utility, said he will leave Eskom following the release of a report by the nation’s graft ombudsman into the influence of the wealthy Gupta family on the state and the
Browsing: Eskom
President Jacob Zuma will probably mount a legal challenge to a report by the graft ombudsman that calls for the establishment of a judicial inquiry into allegations that the Gupta family influenced cabinet appointments
Nuclear procurement will save South Africa from a possible 2026 electricity capacity crunch, said Eskom CEO Brian Molefe in a briefing on Thursday. Molefe, who was delivering Eskom’s six-month results for the period to
State-owned power utility Eskom has increased its revenues by 10,5% year on year to R97,1bn for the six months to end-September 2016. The boost in revenue comes on the back the what it says
Former public protector Thuli Madonsela’s long-awaited state capture report includes damning details on the relationship between Eskom CEO Brian Molefe and the controversial Gupta family. Molefe and Ajay Gupta, the eldest of three Gupta brothers, made
Cabinet is to consider a proposal that a mooted nuclear power deal for the country be financed through the state-owned power utility Eskom. This is the latest twist in South Africa’s controversial efforts to expand its nuclear power capability by
Eskom CEO Brian Molefe is not running the country’s largest utility, he is running a propaganda campaign. That was the opinion of Chris Yelland from EE Publishers, who was speaking at the Life After Coal seminar held in Cape
Renewable energy will also cost South Africa in excess of R1 trillion and it’s up to Eskom to say if they can afford it, as it will be funded from the power utility’s balance sheet, said energy minister Tina Joemat-Pettersson on Tuesday. The minister
South Africa’s state-owned electricity utility forecasts it will have more than R150bn in 10 years’ time, money it could use to fund the country’s proposed plan to build nuclear power plants. Eskom’s stronger financial and operating performance
A nuclear build programme for South Africa doesn’t need to be funded by the fiscus. There are enough potential financiers who would be willing to take the risk, said Eskom CEO Brian Molefe on Wednesday