Jabu Mabuza

Gordhan: Eskom should be allowed to compete in the renewable space

'There’s no reason, if the coal side of the business begins to decline slowly, that Eskom shouldn’t be a supplier of renewable energy as well'

Eskom reveals billion rand losses in annual financial results

Eskom’s irregular expenditure, identified under the terms of the Public Finance Management Act, rose to just under R20-billion

Eskom posts R2.3bn loss, R19bn in irregular expenditure

The power utility admits that its 'transition towards financial and operational sustainability required resolute, tough and decisive leadership'

Business Leadership SA reinstates Eskom’s membership

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

The top ten municipal culprits not paying Eskom debt

​The top 10 defaulting municipalities owe Eskom billions, and a parliamentary committee has resolved to find out why they are not paying their debts

Eskom top execs in Washington to try win over investors, lenders

Parliament's oversight committee has heard that the utility's top leadership is addressing concerns of investors

Eskom chief Hadebe is Mr Fix-it

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

Eskom board faces massive clean-up job

Although auditors have cautioned the new board on its financial health, the newly appointed board is positive that it can turn things around

WATCH LIVE: Eskom’s interim results

Eskom's new board chairperson Jabu Mabuza, acting CEO Phakamani Hadebe, and acting CFO Calib Cassim releasing the embattled utility's results.

Changes buy Eskom a tiny bit of time

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

Eskom banks on new board to reopen lending taps

“The board has been given a fresh mandate that they need to move with speed on the issues that Eskom is facing.”

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

R80-million: The cost of evacuating South Africans from Wuhan in China

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

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

Achieving the litmus test of social relevance

The HSS Awards honours scholarly works based on their social relevance and contribution to the humanities and social sciences