Latest articles on Optimum Coal

Eskom’s coal supply threatened by foiled Optimum deal, Zondo inquiry hears

​The decision taken by then Eskom CEO Brian Molefe to give Optimum coal mine the cold shoulder jeopardised the coal supply to the Hendrina station

Zondo commission: Eskom ‘fooled the system’ to pay the Guptas

Eskom was effectively 'fooling the system' when it made a multimillion-rand prepayment to the Guptas for coal from the ailing Optimum coal mine

Eskom’s Gupta ties continue to be probed at Zondo inquiry

Snehal Nagar and Gert Opperman from Eskom’s primary energy division will testify at the Zondo commission of inquiry into state capture on Tuesday

Guptas’ Eskom shenanigans exposed at Zondo inquiry

"Eskom allegedly gave Tegeta preferential treatment even though the coal it supplied from its Brakfontein mine did not pass quality checks."

Molefe blamed for Eskom’s coal supply woes

During his testimony before the commission, Glencore executive Clinton Ephron detailed the events that led to Optimum going into business rescue

Zondo commission to hear how the Guptas nabbed their Optimum coal mine

Former Glencore CEO Clinton Ephron will take the stand on Wednesday and is set to outline how the company was pressured into selling the Optimum mine

Zwane’s role in alleged Eskom corruption ‘cannot be ignored’

The former minister’s role in Gupta-owned Tegeta’s acquisition of the Optimum Coal Mine is to be closely probed by Zondo commission

Banks called out over Gupta heists

A new report focuses on the role of financial institutions in the illicit movement of of money

Legal wrangle over Gupta-linked Shiva Uranium loan still ongoing — Patel

Earlier this year, Shiva Uranium was one of eight Gupta-owned companies that underwent business rescue processes

Visit the Mail & Guardian‘s Coronavirus Hub for the latest data and advice on the disease in South Africa.

Click here for more.

vital information

The Mail & Guardian’s essential coverage of the ongoing coronavirus crisis is free to read for everyone.

If you would like to support us, please consider taking out a subscription.

Latest

Court must declare Cape Town’s ‘inhuman’ demolitions, evictions illegal, says law centre

The city argues that it is not carrying out evictions, but is acting against land invasions

Back in time to meals on wheels

Cape Town’s oldest roadhouse is hoping to make a comeback during the coronavirus lockdown. Nostalgia is the biggest seller

People’s behaviour stoking Gauteng pandemic

The active case count of Gauteng surpasses that of whole countries. Workers at clinics report a ‘concerning’ relaxation of basic health protocols

Press Releases

Full-time Johannesburg-based CEO required for HI HOPES

An entrepreneurial, business-minded, impact-driven individual is sought to lead the organisation as it looks to scale and grow

Balwin properties and Absa launch South Africa’s first green home loan

Balwin Properties’ Edge registration of over 16 000 units was a global first, covering more homes than any single property developer in the world to date

Young professional gets a career boost from PSETA

SAICA makes ongoing efforts to encourage the professionalisation of financial offices in private and public sector organisations

Colgate-Palmolive South Africa donates one million bars of soap

The combination of limited access to quality soap and a lack of knowledge of how to properly wash hands is a challenge in many vulnerable communities

Cheque value bundles – real value

Most people do not pay much attention to what bank account they have and whether or not it is suited to their daily realities

Absa Rewards puts cash in your pocket

In addition to the cash benefits, you will receive special offers and exclusive deals from selected Absa Rewards partners

Municipal audit outcomes reveal public sector financial management must be professionalised

SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector

Eleven ways to protect yourself against fraud

While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures

The best local and international journalism

handpicked and in your inbox every weekday