The report seen by the M&G, follows last year’s treasury report which called for an investigation into Singh, Brian Molefe and other executives
The idea has been floated before but again unions warn that the funds can’t be used to bail out SOEs
The Asian giant is aware of the risks of lending to South Africa’s ailing parastatals, so the question is: Why would it do so?
The nation has committed to $14.7-billion in investments
The loan agreement was signed on Tuesday following bilateral talks between the Chinese President Xi Jinping and President Cyril Ramaphosa
Eskom’s irregular expenditure, identified under the terms of the Public Finance Management Act, rose to just under R20-billion
The power utility admits that its ‘transition towards financial and operational sustainability required resolute, tough and decisive leadership’
Brigadier-General Tebogo Rakau had stepped down with immediate effect
Municipalities would face power interruptions for up to six hours a day from Wednesday July 18, due to non-payment
Eskom and unions have yet to reach a wage deal nearly a month after negotiations began, with unions describing the talks as "sensitive"
With 60% of the Karoo town jobless, the maverick politician has his work cut out for him
Eskom spokesperson Khulu Phasiwe confirmed on Wednesday morning that the unions decided to take Eskom’s proposal to the ministers
The petrol price hike will have a ripple effect on other consumables, with the poor worst hit
The power utility on Friday signed the loan facility with the German bank KfW, on behalf of the German government
NSTF-Water Research Commission Award: towards achieving sustainable water management, knowledge generation and solutions with demonstrated leadership
Banking Association of South Africa says its members are willing to help out SOEs such as Eskom and Transnet with "expertise and resources"
NUM members also intended to voice their anger at Energy Minister Jeff Radebe, who was meant to address the conference but instead travelled overseas
The market positivity that ushered South Africa into 2018 after the ascendance of President Cyril Ramaphosa now seems like a distant memory
The New Development Bank is facing questions about the transparency and fairness of its loans
Eskom had initially offered a 0% increase for the current year, while Numsa and the National Union of Mineworkers demanded a 15% hike
Following a period of investigation, the professional body has decided to issue charges of misconduct against the chartered accountant
The Democratic Alliance leader said Eskom is fiscally dependent and it will ‘cripple the economy’ if no profound reform takes place
The utility wants tariffs raised and wages frozen but the unions are not buying into its arguments
Eskom CEO Phakamani Hadebe has committed to reopening wage talks with trade unions
Disgruntled workers are expected to hand over a memorandum to the power utility’s management demanding 15% wage increases
The parastatal’s management team is holding an emergency meeting on Thursday morning to address the possibility of load shedding
Many workers are restricted from striking as they are deemed to render essential services.
The unions are demanding a 15% increases across the board, a housing allowance increase of R2 000 and the banning of labour brokers
No less than five separate charge sheets have been presented to Daniels since her initial suspension in October last year
Since November, the new airline boss has splurged on new hires and brought in expensive consultants
BLSA’s CEO said the decision to lift Eskom’s suspension was taken in recognition of the progress made by the power utility’s new board
African high-tech startups are minuscule compared with their US and European peers but they are finally gaining momentum and attention