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ESKOM

ANC chief whip wants state security minister to be investigated
Article
/ 27 November 2017

ANC chief whip wants state security minister to be investigated

Bongo allegedly received instructions from Eskom’s Zethembe Khoza to bribe the head evidence leader and collapse the inquiry into the utility.

By Given Sigauqwe
Eskom witnesses refuse to testify against Koko
Article
/ 27 November 2017

Eskom witnesses refuse to testify against Koko

Witnesses have reportedly declined to testify against former chief executive Matshela Koko at the internal disciplinary hearing against him

By Staff Reporter
Mantashe: ANC can’t let big corruption go scot-free
Article
/ 26 November 2017

Mantashe: ANC can’t let big corruption go scot-free

ANC secretary general Gwede Mantashe says the ANC cannot be seen to be allowing individuals to get away with big corruption at state level.

By Paul Herman
Editorial: Mist shrouds Lyin’ and Brian show
Article
/ 24 November 2017

Editorial: Mist shrouds Lyin’ and Brian show

‘The hearings, so far, have indeed been a roundabout of accusation and counter-accusation, much denial and much fulmination’

By Editorial
DA lays corruption charges against State Security Minister Bongani Bongo
Article
/ 22 November 2017

DA lays corruption charges against State Security Minister Bongani Bongo

The charges relate to allegations that Bongo allegedly offered to bribe the evidence leader in the Parliamentary inquiry into state capture at Eskom

By Jan Gerber
Ex-Eskom chair links Lynne Brown to the Gupta family and Salim Essa
Article
/ 22 November 2017

Ex-Eskom chair links Lynne Brown to the Gupta family and Salim Essa

​Former Eskom chairperson Zola Tsotsi has claimed that Tony Gupta threatened Tsotsi’s job if he did not help the Guptas at Eskom.

By Staff Reporter
Molefe’s boss: How Brian got his R30-million payday
Article
/ 21 November 2017

Molefe’s boss: How Brian got his R30-million payday

In her testimony at the inquest into Eskom, board member Venete Klein detailed why Molefe was hired and how he almost walked away with R30-million

By Gemma Ritchie
Editorial: Sit down, Lynne Brown
Article
/ 17 November 2017

Editorial: Sit down, Lynne Brown

‘At some point one must assume that her ignorance is self-induced. That point has long passed’

By Editorial
Eskom default risks contagion
Article
/ 17 November 2017

Eskom default risks contagion

The banks’ exposure to the utility is limited but a debt failure would create a financial black hole

By Lynley Donnelly
‘Eskom’s problem is Lynne Brown’
Article
/ 14 November 2017

‘Eskom’s problem is Lynne Brown’

The power utility’s spokesperson told Parliament that the public enterprises minister had buried evidence to protect compromised senior executives.

By Agency and Staff Reporter
Zuma’s allies are once again gung-ho about nuclear. Will they get their way?
Article
/ 13 November 2017

Zuma’s allies are once again gung-ho about nuclear. Will they get their way?

President Jacob Zuma seems to be making a final push to secure the nuclear power deal before his tenure comes to an end. But it won’t be easy.

By Staff Reporter
Former Eskom CEO breaks down ‘culture of maintenance deferral’
Article
/ 7 November 2017

Former Eskom CEO breaks down ‘culture of maintenance deferral’

On Tuesday, Tshediso Matona explained how Eskom’s lack of procedure led to a R23-billion cash injection and a R1-billion a month diesel procurement.

By Staff Reporter
Flailing giant Eskom a threat to SA
Article
/ 3 November 2017

Flailing giant Eskom a threat to SA

The state is dangerously exposed by the utility’s reliance on borrowing and its ‘dire’ financial position must be reversed, experts warn

By Lynley Donnelly
Equalisers fight for schools not built
Article
/ 3 November 2017

Equalisers fight for schools not built

Equal Education has taken the fight over the Eastern Cape’s education infrastructure crisis to the state owned enterprises largely responsible

By Staff Reporter
Whistleblower outlines Eskom’s guide to milking state enterprises
Article
/ 31 October 2017

Whistleblower outlines Eskom’s guide to milking state enterprises

Former Trillian adviser to Eskom Mosilo Mothepu detailed how big bosses made hundreds of millions in trading on the firing of Nhlanhla Nene.

By Gemma Ritchie
Public institutions remain at the core of state capture rot
Article
/ 31 October 2017

Public institutions remain at the core of state capture rot

SA Titanic needs to do a 180˚ turn in record time if the country is to be rescued from the quagmire

By Serjeant At The and Bar Author
Fiscal risks grow at alarming rate
Article
/ 27 October 2017

Fiscal risks grow at alarming rate

Several events could derail the budget but it’s the failure of parastatals that could blow the ship totally out of the water

By Staff Reporter
McKinsey’s apology is a laugh
Article
/ 20 October 2017

McKinsey’s apology is a laugh

Like that of KPMG, it does not answer the tough questions, probably because it is aware of the possible legal ramifications

By Staff Reporter
Zuma set to blast a nuclear path
Article
/ 20 October 2017

Zuma set to blast a nuclear path

The appointment of a new energy minister could pave the way for a nuclear deal despite legal, financial and civic obstacles

By Lynley Donnelly
Why McKinsey is not innocent
Article
/ 20 October 2017

Why McKinsey is not innocent

The facts show that plain greed led the firm to turn a blind eye to blatant corruption

By Eusebius McKaiser
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
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