Browsing: Tshediso Matona

Eskom board chairman Zola Tsotsi has not been removed, the power utility said on Wednesday. Eskom’s media desk was responding to questions on a report that the four executives, suspended earlier this month, were removed because they initiated an audit of the

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

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

If there is no technical breakdown this week, Eskom will meet electricity demand, the parastatal said on Thursday. “The power system will remain constrained until new generating capacity comes on stream, a process which is expected to take about two to three years,” Eskom said

There were no power cuts expected on Tuesday morning, although the electricity grid was constrained, Eskom said. “The system is constrained. We expect some of the generating units back during the day. However, should anything unexpected happened we will go into load

There will be load shedding even if it may cost the ANC votes. This is the expressed attitude of public enterprises minister Lynne Brown, who remains resolute about fixing the problems plaguing power utility Eskom for the long term, even if it means doing the unpopular

There were no power cuts planned for Monday but the electricity grid remained constrained, Eskom said. “There is no load shedding being implemented at present,” Eskom’s media desk said in an e-mail. “The power system is constrained and will remain so for

Eskom is like a car that has not been maintained, its CEO said on Thursday. “The metaphor of a car is very useful. If you continue to drive a car without maintaining it, it will carry you but at some point it breaks