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
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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
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.