Eskom Ceo

In his Sona speech, Ramaphosa must tread the line between promises and reality

South Africa has a slew of service-delivery problems, most notably in the water and electricity sectors. The time for promises is over: what the country needs is action

New load-shedding crisis looms

The treasury’s rejection of South32’s proposal to increase the value of its Eskom contract by R1.2-billion could spark a coal shortage for the parastatal

Mabuza contract grows by R10m

Eskom’s negotiators in a R100-million maintenance contract came back with a proposal to push up the costs

Some tips for Eskom’s new boss

Regular maintenance, zero corruption and no emergency coal procurement are the main issues

Ground zero with Eskom’s De Ruyter

The former head of stressed Nampak has been brought in to set right the floundering utility

Molefe did not get approval for massive Transnet locomotive price hike, inquiry hears

The 1 064 locomotives were meant to upgrade and modernise Transnet's fleet, but the contract has been dogged by allegations of corruption

Eskom chief Hadebe is Mr Fix-it

The former civil servant who turned around the Land Bank has a much bigger job ahead

Eskom’s chief information officer Sean Maritz suspended

Eskom's former interim CEO faced scrutiny for his role in signing off on a questionable R400-million payment from Eskom to a Hong Kong bank account

Changes buy Eskom a tiny bit of time

The utility faces an immediate cash-flow problem and tougher deep-seated challenges

What telling the truth means at the Eskom inquiry

In terms of subsection three, the evidence of a witness given before a committee may not be used against the witness as evidence of a wrongdoing

WATCH LIVE: Eskom’s former CFO Anoj Singh testifies at the Eskom inquiry

Anoj Singh is now appearing before the Eskom inquiry to answer to allegations that he was involved in Gupta-linked tender irregularities.

New Eskom board will provide ‘comfort’ to markets – spokesperson

There is a possibility that the World Bank could issue a default letter for its $3.75-billion (R45-billion) loan to the power utility.

Latest

Coronavirus: South Africa will evacuate citizens from Wuhan

The government is expected to evacuate citizens from Wuhan, where the coronavirus outbreak originated

Primedia CEO Essack leaves following internal battles

Omar Essack leaves the 702 and 94.7 owners after a protracted standoff with the board

LIVE BLOG: Fin Min Tito Mboweni presents the 2020 budget

The budget is usually scheduled for the second-last Wednesday in February, and the ratings agencies deliver their decisions after assessing the country’s plans for the fiscal year ahead

Press Releases

Over R400-m given to businesses since launch of three-minute overdraft

The 3-minute overdraft radically reduces the time it takes for businesses to have their working capital needs met

Tourism can push Africa onto a new path – minister

The continent is fast becoming a dynamic sought-after tourist destination

South Africa’s education system is broken and unequal, and must be fixed without further delay

The Amnesty International report found that the South African government continues to miss its own education upgrading targets

Business travel industry generates billions

Meetings Africa is ready to take advantage of this lucrative opportunity

Conferences connect people to ideas

The World Expo and Meetings Africa are all about stimulating innovation – and income

SAB Zenzele Kabili B-BBEE share scheme

New scheme to be launched following the biggest B-BBEE FMCG payout in South Africa’s history

Digging deep

Automation is unstoppable, but if we're strategic about its implementation, it presents major opportunities

TFSAs are the gymnasts of the retirement savings world

The idea is to get South Africans to save, but it's best to do your research first to find out if a TFSA is really suited to your needs