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
Browsing: Lynne Brown
The rules of the Eskom pension and provident fund do not allow for early retirement of Eskom employees like Brian Molefe, who are younger than 55, the Democratic Alliance told the Gauteng division of the high court
The Eskom board failed patently in its duties by reinstating Brian Molefe as CEO, former finance minister Trevor Manuel has argued. Addressing delegates at the Ethics Institute’s 7th Annual Conference, Manuel pulled
The ANC said the state-owned power producer’s decision to reinstate Brian Molefe as CEO is “unfortunate and reckless” because none of the graft accusations against him have been set aside. Molefe, who resigned from Eskom in
Public enterprises minister Lynne Brown has declined Eskom’s proposal to pay its former group CEO Brian Molefe a R30m pension payout. In a statement, the minister said the Eskom board’s reasoning
Eskom on Tuesday afternoon released the request for information for 9,6GW of new nuclear power generation capacity, but made it very clear that it has not commenced with procurement. This follows
Eskom’s most ardent supporter of the proposed nuclear build, Matshela Koko, has been appointed as acting group CEO of Eskom. The announcement was made by public enterprises minister Lynne Brown late on Wednesday
Mark Pamensky, who is a director of a company owned by South Africa’s Gupta family that has ties with President Jacob Zuma’s son, resigned as a board member at state-owned Eskom, less than a week after the utility’s CEO quit. Recommendations will be made
Government has clarified President Jacob Zuma’s role in the leadership of state-owned enterprises amid allegations of state capture where the Guptas use their friendship with Zuma as a way of
Government needs to retain its ownership of state-owned enterprises (SOEs) to ensure economic growth and create employment for generations to come, said public enterprises minister Lynne Brown. In her budget speech for the 2016/2017 financial