Eskom announced on Wednesday that four of its senior executives who were suspended earlier this year have been cleared of any wrongdoing. In March, chairman Zola Tsotsi announced that four
Browsing: Zola Tsotsi
Eskom chairman Zola Tsotsi has resigned, the electricity provider confirmed on Tuesday. “It happened overnight following a presentation he gave to the board,” said spokesman Khulu Phasiwe. “He then told them that in the interest of the company and the country, he felt it
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
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
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
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 interim CEO Collin Matjila has stirred controversy at the power utility over a R43m contract to sponsor The New Age’s (TNA) breakfast briefings, the Mail & Guardian reported on Friday. The new contract commits the cash-strapped power utility to sponsor around one TNA breakfast briefing
Although Eskom turned a R7bn profit according to its results released on Friday, the state-owned entity has warned this will not be sufficient to plug the R225bn revenue shortfall it faces over the next five years. The country, in the meantime, faces continued power constraints as the first unit of new power
South Africa’s power system will remain in peril during winter, acting Eskom CEO Collin Matjila said on Thursday. “The country still remains vulnerable and it will be the same during winter,” Matjila told reporters in Johannesburg. “While we continue with maintenance as part of our strategy to have remaining
The gap left by Eskom’s erstwhile finance director and head of capital projects, Paul O’Flaherty, looms large as the utility struggles over delays at its Medupi power station amid massive power constraints on the country. Despite his resignation, which was only officially announced in November but