The Eskom board wants its chairman Zola Tsotsi removed, it was reported on Sunday. In a meeting on Thursday, all board members unanimously resolved to pass a motion of no confidence in Tsotsi
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Eskom’s electricity tariffs may increase by 25,3% from 1 April for its direct customers and 1 July for municipal customers if an application to the national regulator is approved. The increase has the full support of government’s war room. It is aimed at paying Eskom’s
Standard & Poor’s (S&P) has downgraded Eskom’s long-term credit rating to BB+ following the suspension of four of its senior officials, it said on Thursday. This had led the ratings agency to have less confidence in the company’s corporate governance arrangements
Imagine accessing supercomputing infrastructure over the Internet? A small South African company, based at Wits University in Johannesburg, is doing just that, providing some of the country’s biggest companies – and universities around the world – with access to infrastructure
The payment of about R10,8m in “incentives” last year to 10 top Eskom officials was challenged by the Democratic Alliance on Tuesday, with the party calling for the executives to pay back the money. The DA also wants public enterprises minister Lynne Brown to explain to
The Democratic Alliance on Tuesday called for the removal of Eskom board chairman Zola Tsotsi as head of an inquiry into the utility’s performance, as announced by public enterprises minister Lynne
Power supply is stable, utility Eskom said on Monday. “At this stage, the system is constrained but stable,” its media desk said. “The risk of load shedding is there if anything unexpected happens.” Earlier in March, Eskom said unit six at its newly built
Parliament’s public enterprises portfolio committee is concerned at the suspension of four top Eskom executives, it said on Friday. “We register our concern regarding the stability and governance of the power utility, considering the current energy challenges facing the
Four senior Eskom executives, including CEO Tshediso Matona, have been asked to step aside as the power utility embarks on a fact-finding inquiry, board chairman Zola Tsotsi said on Thursday. “To
Eskom on Thursday announced that it has asked its CEO Tshediso Matona and two other executives to “step aside” while an inquiry into the parastatal is conducted. Matona has been in the top job at Eskom for only six months. Before joining Eskom, he