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/ 11 November 2009
An announcement is expected soon that Eskom’s Jacob Maroga is no longer CEO, while an anonymous open letter contains serious allegations against him
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/ 11 November 2009
The board of Eskom was expected to release a statement to clarify the fate of CEO Jacob Maroga on Wednesday.
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/ 10 November 2009
Confused about the Eskom crisis? With new rumours that CEO Jacob Maroga may be suspended, we track the events as they have unfolded thus far.
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/ 10 November 2009
Political meddling in resolving a power struggle at Eskom has raised questions about South Africa’s ability to run state-owned firms.
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/ 10 November 2009
ANC secretary general Gwede Mantashe on Tuesday warned that current events at Eskom should not be simplified into a racism issue.
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/ 10 November 2009
Bobby Godsell said he had resigned on Monday morning because government had not supported the board’s decision to accept Jacob Maroga’s resignation.
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/ 9 November 2009
The latest developments at Eskom are a ”complete disaster”, analyst Adam Habib said after Eskom chairperson Bobby Godsell resigned on Monday.
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/ 9 November 2009
It was reported on Monday that Eskom chairperson Bobby Godsell has resigned.
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/ 9 November 2009
The ANC’s national executive committee did not debate events surrounding Jacob Maroga’s apparent resignation as CEO of Eskom, said Gwede Mantashe.
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/ 6 November 2009
Eskom on Friday made no further comment on the future of Jacob Maroga, who reportedly resigned as CEO on Thursday.
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/ 6 November 2009
Two weeks ago, when outgoing Eskom chief executive officer Jacob Maroga sat down to write a strategy document for the beleaguered power utility, he had no way of knowing that his tenure was about to end.
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/ 6 November 2009
The Eskom board’s loss of confidence in the ability of Jacob Maroga to lead, coupled with an irretrievable breakdown, led to his resignation.
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/ 5 November 2009
Eskom chief executive officer Jacob Maroga has resigned, chairperson Bobby Godsell told staff on Thursday.
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/ 5 November 2009
President Jacob Zuma did not interfere in the controversy surrounding Eskom CEO Jacob Maroga and the board, Barbara Hogan said on Thursday.
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/ 30 October 2009
Eskom’s chief executive officer Jacob Maroga has denied that he was asked to resign by the utility’s board, according to reports on Friday.
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/ 30 October 2009
The board of Eskom has asked the company’s chief executive officer Jacob Maroga to resign after a troubled tenure marked by power shortages.
Eskom expects to reach its target of having a 15% reserve margin, or spare capacity, in five years, its chief executive said on Tuesday.
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/ 12 September 2009
Eskom was aware of weaknesses in its coal contracts before it received a report warning about its stockpiles, the parastatal’s CEO said.
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/ 23 January 2009
There have been no deliberate power cuts since April last year, state-owned electricity company Eskom said on Friday.
We do have the policies, reports Kevin Davie, but there doesn’t seem to be an implementation plan.
The spike in primary energy costs, mainly coal and diesel, has put a massive dent in Eskom’s bottom line, the utility revealed in its annual results.
Eskom’s top managers will forgo much of their annual bonuses this year after a troubled few months for the state-owned power utility.
The National Energy Regulator of South Africa’s (Nersa) decision to grant Eskom a 27,5% tariff increase was a ”watershed” moment, the utility said.
The National Energy Regulator of South Africa has quietly postponed its final decision on Eskom’s application for a 53% tariff hike to June 18. By Thursday the regulator had not yet posted notice of the change in its decision date on its website, despite the conclusion of this week’s public hearings into the proposed tariff increases.
After almost 40 institutions had denounced Eskom’s proposed 53% tariff increase, it was up to the power utility’s CEO on Thursday to convince the regulator why the massive hike was necessary. Eskom chief executive Jacob Maroga was due to be the last speaker after three days of public hearings in Pretoria on the proposed tariff increase.
South Africa’s electricity crisis will remain for years and power cuts will continue well into the future, Eskom said on Thursday. ”We are going to be in this [crisis] for years,” Eskom CEO Jacob Maroga said in Johannesburg. ”The threat of load-shedding is with us for some time.” Eskom has struggled to meet demand for electricity in Africa’s biggest economy.
The question of whether the government or the public should finance Eskom dominated the first day of hearings on Friday on the utility’s proposed 53% tariff increase. Eskom’s non-executive chairperson Valli Moosa opened the debate at the National Energy Regulator of South Africa public hearings, saying fiscal injections from government were needed.
The government and Eskom were criticised for the present energy crisis at Friday’s National Energy Regulator of South Africa (Nersa) hearings into the power utility’s request for a proposed 53% tariff increase. Eskom chairperson Valli Moosa and CEO Jacob Maroga said the increase was needed as the system was tight and the reserve margin was very low.
Uncontrollable and unpredictable fuel and capital costs were key principals in the proposed 53% electricity tariff increase, Eskom chief executive Jacob Maroga said on Friday. ”The volatility that we see we cannot absorb as a company,” Maroga said at the National Energy Regulator of South Africa’s public hearings in Pretoria.
April saw a saving of up to 7% in electricity demand, Eskom’s chief executive, Jacob Maroga, said on Monday. He briefed President Thabo Mbeki and a presidential special joint working group on the current state of electricity supply in the country, the Presidency said in a statement.
The current electricity crisis and the proposed huge jump in tariffs is a manifestation of a disaster-in-waiting, African National Congress (ANC) secretary general and South African Communist Party chairperson Gwede Mantashe said on Thursday. He was speaking at the May Day celebration at Curries Fountain Stadium in Durban.
In the samba spirit that the South African Football Association seems to have been seized by, and to welcome Joel Santana, the Brazilian coach, South Africans now have an opportunity to convert their names to Brazilian ones. After all, one Brazilian turn deserves another.