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
Browsing: Eskom
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
There is reason to be sceptical about the department of telecommunications & postal services’ revised South African Connect roll-out plan to connect 90% of the population to the Internet by 2020
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
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