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ESKOM

Inquiry hears of big money and coal missing from Eskom coffers
Article
/ 18 October 2017

Inquiry hears of big money and coal missing from Eskom coffers

It will take amnesty to uncover the extent of corruption at Eskom, says Outa.

By Gemma Ritchie
Former chief executive claims ​#EskomInquiry is ‘too late’
Article
/ 18 October 2017

Former chief executive claims ​#EskomInquiry is ‘too late’

Former Eskom chief executive Brian Dames could not deny that he met with the Gupta family during his tenure.

By Gemma Ritchie
McKinsey can do more to make amends – FutureSA
Article
/ 17 October 2017

McKinsey can do more to make amends – FutureSA

Along with Corruption Watch, Future SA wants McKinsey to proactively participate in the parliamentary investigation.

By Staff Reporter
Eskom’s death spiral looms large
Article
/ 13 October 2017

Eskom’s death spiral looms large

Corruption claims aside, the utility needs more cash to cover for flagging sales volumes

By Lynley Donnelly
‘ANC deleted moral conscience from its soul’ – Makhosi Khoza
Article
/ 11 October 2017

‘ANC deleted moral conscience from its soul’ – Makhosi Khoza

The lecture, entitled ‘A cry for leadership: Social Cohesion, Reconciliation and Prosperity for all South Africans’, took place on Tuesday evening.

By Staff Reporter
McKinsey will pay back the money on condition court finds Eskom acted unlawfully
Article
/ 10 October 2017

McKinsey will pay back the money on condition court finds Eskom acted unlawfully

In its statement on Tuesday, McKinsey laid the blame squarely on Eskom.

By Staff Reporter
D-Day: Trillian and McKinsey must pay back R1.6-billion by Tuesday
Article
/ 9 October 2017

D-Day: Trillian and McKinsey must pay back R1.6-billion by Tuesday

McKinsey and Trillian are set to meet with Eskom on Monday, Business Day has reported

By Staff Reporter
Gigaba wants forensic probe into allegations into ‘governance concerns’ at PIC
Article
/ 6 October 2017

Gigaba wants forensic probe into allegations into ‘governance concerns’ at PIC

Gigaba has also asked the PIC to provide a list of all the investments it has made, and their beneficiaries, to the national treasury.

By Lynley Donnelly
The banality of corruption
Article
/ 6 October 2017

The banality of corruption

Corruption happens so routinely in the Republic of Gupta that some are unfazed by it

By Eusebius McKaiser
BLSA suspends Eskom and Transnet
Article
/ 28 September 2017

BLSA suspends Eskom and Transnet

Business Leadership SA has booted out the state-owned entities for their involvement in corruption and state capture with immediate effect.

By Agency
Gupta firms roasted in bank court bid
Article
/ 22 September 2017

Gupta firms roasted in bank court bid

The judge was scathing when he rejected the family’s bid to force the Bank of Baroda’s arm

By Phillip De Wet
State-owned enterprises shouldn’t be used as pawns in South African politics
Article
/ 19 September 2017

State-owned enterprises shouldn’t be used as pawns in South African politics

Privatisation talk in South Africa shows how state owned enterprises are being used as tools for enrichment by the connected.

By Point Author
A lazy legal system can’t win against a regime that protects agents of corruption
Article
/ 19 September 2017

A lazy legal system can’t win against a regime that protects agents of corruption

We must rethink the way our laws deal with corruption so we can better protect democracy

By Serjeant At The and Bar Author
World renewables blow nukes up
Article
/ 15 September 2017

World renewables blow nukes up

Competition from low-cost green energy is putting the screw on nuclear vendors and state utilities

By Lynley Donnelly
SA green energy hit by doubt
Article
/ 15 September 2017

SA green energy hit by doubt

The state’s inertia has cost the country jobs and investment, and the decision to drop what it will pay is a blow to energy producers

By Staff Reporter
Academics list Eskom failures to help inquiry
Article
/ 15 September 2017

Academics list Eskom failures to help inquiry

The state-owned energy company has been implicated in documents that trace a web of corruption

By Lynley Donnelly
State’s IT merger plan slated
Article
/ 8 September 2017

State’s IT merger plan slated

The government plans to merge several state-owned companies to form one broadband firm to fast-track internet access in the country

By Staff Reporter
48 municipalities still owe Eskom billions – Des van Rooyen
Article
/ 30 August 2017

48 municipalities still owe Eskom billions – Des van Rooyen

Twenty of those municipalities had registered progress in terms of compliance, he said following a presidential coordinating council meeting.

By Paul Herman
Did Guptas sell mines they didn’t own?
Article
/ 25 August 2017

Did Guptas sell mines they didn’t own?

Mystery shrouds the buyer of Tegeta, as the coal firm’s BEE credentials also come under scrutiny

By Phillip De Wet
Stop feeding parastatal pigs – Mathews Phosa
Article
/ 14 August 2017

Stop feeding parastatal pigs – Mathews Phosa

Phosa accused President Jacob Zuma of looking out for his family instead of worrying about the crippling state of the country’s economy.

By Staff Reporter
Uncertainty is now SA’s ‘new normal’
Article
/ 11 August 2017

Uncertainty is now SA’s ‘new normal’

Little economic headway will be made ahead of October’s budget policy statement, analysts say

By Lynley Donnelly
Eskom CFO Anoj Singh axed, sort of
Article
/ 27 July 2017

Eskom CFO Anoj Singh axed, sort of

Concern is growing over the threat of contagion to other state agencies if a similar scenario were to play out at a company the size of Eskom.

By Jessica Bezuidenhout and Lynley Donnelly
Molefe and Singh’s 92% pay raise
Article
/ 21 July 2017

Molefe and Singh’s 92% pay raise

Eskom’s top two bosses could earn R27-million bonuses for barely a year of work

By Phillip De Wet
Editorial: Eskom is still lying to us
Article
/ 21 July 2017

Editorial: Eskom is still lying to us

We should stop treating Eskom’s executives like naughty children but hold them to account every step of the way.

By Editorial
Will Eskom drive us into IMF’s arms?
Article
/ 21 July 2017

Will Eskom drive us into IMF’s arms?

The treasury will do ‘whatever it takes’ to keep the utility afloat, raising the prospect
of a bailout

By Staff Reporter
Costs are ‘out of control’ at Eskom
Article
/ 21 July 2017

Costs are ‘out of control’ at Eskom

The utility is at pains to turn a sow’s ear into a silk purse as interest costs continue to rise

By Lynley Donnelly
Eskom financial chief’s phone and security payments increased 35-fold
Article
/ 19 July 2017

Eskom financial chief’s phone and security payments increased 35-fold

Embattled Gupta-linked Eskom chief financial officer Anoj Singh says he earned the R1.9-million cash bonus he received in the last financial year.

By Phillip De Wet
Eskom: Our financial position is just fine, thanks
Article
/ 19 July 2017

Eskom: Our financial position is just fine, thanks

Eskom has released annual financial numbers it said showed a “strengthened” financial position and insisted it was not in trouble.

By Phillip De Wet
Eskom lashes out at media, saying it is not broke
Article
/ 16 July 2017

Eskom lashes out at media, saying it is not broke

The Sunday Times published an article saying, according to financial statements it had seen, Eskom only had enough money to last approximately 90 days

By Staff Reporter
Audit regulator refers irregularities found at Transnet, Eskom for investigation
Article
/ 7 July 2017

Audit regulator refers irregularities found at Transnet, Eskom for investigation

Regulatory body seeks Hawks intervention

By Lynley Donnelly
Labour court tells Brian Molefe to go away until EFF and DA have had their day
Article
/ 4 July 2017

Labour court tells Brian Molefe to go away until EFF and DA have had their day

Last week Molefe argued that the Democratic Alliance and Economic Freedom Fighters should not be allowed to intervene in his labour court matter.

By Phillip De Wet
Brown must take the stand – Molefe
Article
/ 30 June 2017

Brown must take the stand – Molefe

Eskom’s former chief executive now wants the labour court to refer his matter to trial

By Phillip De Wet
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