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The lights are going out but the power utility defends its generous pay to its executives.
Unions rail against the plan to cut bonuses at the government’s ‘model of excellence’ – the treasury.
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/ 21 September 2009
Document claims Eskom’s mismanagement of its coal supply caused load-shedding last year.
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/ 14 September 2009
The British prime minister Gordon Brown is still doing little to curb excesses
PetroSA executives were paid to take the ‘risk’ of promotion, writes Yolandi Groenewald.
Barack Obama is trying to dampen a fire he once stoked, urging a more tempered response to public furore over bonuses paid to executives of AIG.
Edward M Liddy, chairperson and CEO of AIG, has become the reluctant defender of princely employee bonuses that Congress finds indefensible.