Nationalisation would leave people at the mercy of a government that has already proven to be self-serving and intent on growing personal wealth.
Molefe is due to be sworn in as Member of Parliament this week, amidst speculation that a Cabinet reshuffle is imminent.
Questions are being asked about why the utility’s directors kept the damning report under wraps.
The utility says revealing a legal probe’s damning findings would have added ‘too much pressure’
The utility has an oversupply, which calls into question the need for a big nuclear spend.
The electricity generator is done with compassion and, backed by a court ruling, could do more than interrupt power in non-paying municipalities.
The utility and the nuclear energy corporation were handed the nuke build baton but it needs treasury’s approval – the country is on the fiscal edge.
The state utility could thrive if it splits its generation and transmission businesses, writes Bruce Raw.
Energy Minister Tina Joemat-Pettersson and Public Enterprises Minister Lynne Brown have done little to pull Eskom into line.
Koko has worked at the state power utility since 1996 and replaces Brian Molefe.
The evidence suggests that the Gupta-linked firm was the power utility’s ‘middle man’.
The utility’s heir apparent has also been tainted by Gupta deals — and might not be up to the job.
South Africa delayed plans to build new nuclear power plants over concern about their cost and the waning demand for additional electricity.
A closer look into the latest financial numbers of SA’s state power utility suggest that it may be in a more vulnerable position than appreciated.
Law experts say chief executives under fire must weigh up what is in the company’s best interests.
"Suffice to say, if they do not, the EFF will make sure that Parliament dissolves them as soon as possible," said Mbuyiseni Ndlozi.
The ruling party said that the report is welcome, but neglected to admit to any wrongdoing.
Eskom CEO Brian Molefe who was implicated in the state capture report, says the public protector did not give him an opportunity to respond.
The first statement of its kind, it signals the state’s concern over its exposure to Eskom and others.
The energy plan does not reflect how much has changed since 2010.
The company’s chief investment officer, Andrew Canter, says they want to be ‘on the right side of history’.
Throughout modern history, state-owned enterprises have played a critical role in shaping successful paths for developing economies.
A growing number of cases and legal challenges are threatening the office’s ability to do its work properly.
The Treasury has blocked a bid by the power utility to hand a Gupta company an R855m extension on a coal contract.
The power utility’s contract with the Gupta-owned Tegeta company is at the centre of a spat that has heightened factionalism in the ANC.
Responding to questions in Parliament, the Eskom CEO denied defending the Guptas, saying he is ‘legally bound’ to continue doing business with Tegeta.
A small group of experts constantly monitors the workings of the system and stays abreast of new developments.
The National Treasury is surprised by media reports of Tegeta “warning” and threatening to interdict the department should it release a report.
The department says any legitimate business should have no issues with transparency.
By seizing control of parastatals, the president is on a collision course with his finance minister.
A note by the nuclear station’s manager appears to contradict what the power company claims in its legal fight over awarding a Koeberg contract.
South Africa can have a cheaper, flexible power grid by 2030 but competing self-interests mean it probably won’t, and the cost is likely crippling.