Browsing: Lynne Brown

In-depth
New Eskom boss’s momentous little decision

It may seem a trivial matter, but the significance of the decision by new Eskom group chief executive Phakamani Hadebe to reintroduce weekly system status bulletins cannot be overstated. On Thursday, at the launch of the first

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Shrinking liquidity threatens Eskom

Eskom, which generates almost all of South Africa’s electricity, is still studying the impact of a tariff increase that was about a quarter of what it requested as shrinking liquidity threatens the utility. An award by the state energy regulator

In-depth
Eskom defies logic by threatening renewables

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

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Ben Ngubane quits as Eskom chairman

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

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Eskom ordered to remove Molefe as CEO

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

In-depth
Why the Eskom saga should scare us all

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

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We made a R30m mistake: Eskom

Eskom chairman Ben Ngubane admits in court papers that the Eskom Pension and Provident Fund (EPPF) rules do not permit the large pension payout the board tried to wangle for its CEO Brian Molefe

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