Word is that abruptly axed Eskom head Tshediso Matona has been offered a plum planning commission job.
Eskom's 99 days of load-shedding have limited mining and manufacturing output, causing the economy to behave as if it has 'lost a major industry'.
The utility may struggle to keep the lights on, but its debt is attractive to international investors.
NEWSFLASH: Neotel confirms CEO and CFO have taken special leave pending an investigation of suspected commission payments in Transnet contracts.
Anoj Singh is expected to perform miracles at the power utility, but his alleged role during a billion-rand Transnet deal may give pause for thought.
Eskom is refused an electricity hike, while Greece has to decide if it wants to leave the eurozone.
For too long, industries have been able to operate unchecked, a situation that costs people's lives.
Eskom needs to borrow more at higher rates to ease its funding shortfall after Nersa rejected its request for a tariff increase of as much as 25%.
The ANC and Cosatu have welcomed the decision not to grant Eskom a tariff increase.
The energy regulator has rejected Eskom's application to raise its electricity prices further this year.
Eskom has asked at public hearings that it be allowed to raise prices to, in part, fuel gas turbines.
But the utility has said it needs to find the "sweet spot" between keeping the lights on and taking 5 500MW off the grid for maintenance this winter.
The ANC has said retirement savings may be the answer to the state-owned power utility's woes.
A labour market report released by the Solidarity Research Institute on Tuesday showed deteriorating levels of job security in South Africa.
After months of scrapping with Eskom at the Labour Court and the CCMA, suspended CEO Tshediso Matona has agreed to go quietly.
Unless suspended chief executive Tshediso Matona goes quietly, there will be an ugly spectacle over who's the boss.
The Local government Association declared a dispute with Treasury to release of R1-billion to 39 municipalities whose funding is being withheld.