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Tegeta

Eskom, SAA probes for parliament?
National
/ 20 March 2023

Eskom, SAA probes for parliament?

MPs must find a way to handle André de Ruyter’s allegations and a protected disclosure accusing Pravin Gordhan of wrongdoing in the SAA sale

By Emsie Ferreira
R3.8-billion Eskom lawsuit against Matshela Koko, Brian Molefe stalls
National
/ 19 October 2022

R3.8-billion Eskom lawsuit against Matshela Koko, Brian Molefe stalls

The former executives are being pursued for the purchase of Optimum coal mine by Gupta-owned Tegeta

By Khaya Koko
High court to hear preservation application against Optimum in March
National
/ 10 December 2021

High court to hear preservation application against Optimum in March

The Investigating Directorate has filed an application worth R2-billion that could see the mine, the shares Tegeta holds plus debt intended to be converted into a majority stake in the mine

By Emsie Ferreira
Glencore chief executive rejects Molefe’s alternative state capture narrative
National
/ 10 June 2021

Glencore chief executive rejects Molefe’s alternative state capture narrative

It was preposterous to imagine Glencore banked on Ramaphosa to help Eskom bow to its coal-price hike demands, Clinton Ephron told the Zondo commission

By Emsie Ferreira
Zondo commission: Glencore sold Optimum to portray me as a Gupta ally — Molefe
National
/ 2 March 2021

Zondo commission: Glencore sold Optimum to portray me as a Gupta ally — Molefe

Former Eskom chief executive paints himself as the victim of a plot at the hands of President Cyril Ramaphosa’s former business associates

By Emsie Ferreira
Naidoo pushes limits of plausible deniability on Eskom board’s knowledge of Tegeta
National
/ 11 February 2021

Naidoo pushes limits of plausible deniability on Eskom board’s knowledge of Tegeta

As former Eskom board member Pat Naidoo claims ignorance of Tegeta deal, Zondo counters that the evidence was staring him in the face

By Emsie Ferreira
Zondo commission’s own goal buys key Eskom witness more time
National
/ 13 January 2021

Zondo commission’s own goal buys key Eskom witness more time

A string of errors saw Deputy Chief Justice Raymond Zondo chastise the commission’s team as he was forced to allow a vital Eskom witness more time, when the commission has very little left

By Emma Balfour
Zondo commission testimony: Billions wasted at Eskom
National
/ 13 January 2021

Zondo commission testimony: Billions wasted at Eskom

As the testimony about how Eskom was captured is heard, former high ranking officials feign shock and can’t explain how multimillion-rand contracts were paid before a single deliverable was met

By Emma Balfour
Eskom ‘misled’ treasury over multi-billion rand Gupta contract
Article
/ 11 March 2019

Eskom ‘misled’ treasury over multi-billion rand Gupta contract

According to testimony before the Zondo commission, Eskom appears to have misled treasury about the quality of coal from a Gupta-owned coal mine

By Jan Cronje
Eskom’s coal supply threatened by foiled Optimum deal, Zondo inquiry hears
Article
/ 8 March 2019

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

By Sarah Smit
Zondo commission: Eskom ‘fooled the system’ to pay the Guptas
Article
/ 5 March 2019

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

By Sarah Smit
Zondo commission to hear how the Guptas nabbed their Optimum coal mine
Article
/ 27 February 2019

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

By Sarah Smit
SIU wants Eskom-Tegeta R3.7bn coal contract cancelled
Article
/ 17 December 2018

SIU wants Eskom-Tegeta R3.7bn coal contract cancelled

The ten-year contract is expected to end in 2025

By Gemma Ritchie
Gupta looters leave SA in the dark
Article
/ 7 December 2018

Gupta looters leave SA in the dark

And a planned PetroSA plant shutdown meant Eskom could not replenish diesel supplies

By Sabelo Skiti
‘Why are you fighting with the Gupta family?’
Article
/ 18 November 2018

‘Why are you fighting with the Gupta family?’

A forensic report into maladministration at Eskom and Transnet paints a picture of Koko’s hand in the Guptas’ alleged capture of Eskom

By Kyle Cowan
Gigaba, Koko and Singh named in bombshell treasury report on rot at Eskom, Transnet
Article
/ 16 November 2018

Gigaba, Koko and Singh named in bombshell treasury report on rot at Eskom, Transnet

The report also implicates whistleblower Suzanne Daniels

By Thanduxolo Jika
Banks called out over Gupta heists
Article
/ 16 November 2018

Banks called out over Gupta heists

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

By Tebogo Tshwane
‘Baker’ Brian Molefe’s Eskom runs short of coal
Article
/ 21 September 2018

‘Baker’ Brian Molefe’s Eskom runs short of coal

The power utility said it was doing everything possible to deal with the coal crisis but the risk of load shedding ‘always exists’

By Tebogo Tshwane
Gupta associate in court battle over Tegeta shares
Article
/ 19 September 2018

Gupta associate in court battle over Tegeta shares

Charles King SA approached the court on Thursday last week after hearing that the shares in question were to be sold by Tegeta

By Alex Mitchley and Kyle Cowan
Clipped Hawks falter over Steinhoff
Article
/ 7 September 2018

Clipped Hawks falter over Steinhoff

The policing unit still needs hard evidence but says that the investigation is ‘receiving attention’

By Lynley Donnelly
Treasury asks Hawks to probe Singh
Article
/ 3 August 2018

Treasury asks Hawks to probe Singh

Eskom’s ex-financial officer’s swanky pad and R16m in strange transactions are part of probe

By Thanduxolo Jika
Saica starts disciplinary proceedings against former Eskom CFO Anoj Singh
Article
/ 19 June 2018

Saica starts disciplinary proceedings against former Eskom CFO Anoj Singh

Following a period of investigation, the professional body has decided to issue charges of misconduct against the chartered accountant

By Lameez Omarjee
Lily Mine gets a second wind
Article
/ 30 May 2018

Lily Mine gets a second wind

​The Portfolio Committee on Mineral Resources has said it welcomes a report recommending the reopening of the mine

By Sarah Smit
Tegeta’s mines ‘riddled with non-compliance’
Article
/ 30 May 2018

Tegeta’s mines ‘riddled with non-compliance’

The mines are largely viable as mining operations, but optimal function requires the ‘right management’, members of parliament heard on Wednesday

By Khulekani Magubane
Eskom promises no load shedding
Article
/ 3 May 2018

Eskom promises no load shedding

The utility has said it is sourcing additional coal from suppliers to ensure that there are outages this winter

By Agency
Eskom burning through diesel again
Article
/ 28 March 2018

Eskom burning through diesel again

The power utility’s use of open cycle gas turbines has spiked in recent months, with fuel spend on these peaking power stations soaring almost 30 fold

By Lynley Donnelly
Eskom slaps whistle-blower Suzanne Daniels with fresh charges
Article
/ 19 March 2018

Eskom slaps whistle-blower Suzanne Daniels with fresh charges

After the CCMA declared the utility’s former head of legal’s dismissal as "unfair", Eskom charged her with "serious misconduct"

By Agency
Court orders preservation order for Guptas’ mine rehabilitation funds
Article
/ 10 March 2018

Court orders preservation order for Guptas’ mine rehabilitation funds

The Bank of Baroda was the only bank willing to transact with the Guptas after the "big four" banks in South Africa foreclosed on them.

By Jenni Evans
Ngubane sheds light on Molefe’s pension payout
Article
/ 7 March 2018

Ngubane sheds light on Molefe’s pension payout

Eskom delayed suspending Matshela Koko in March 2017 to avoid litigation, the Eskom inquiry heard.

By Lameez Omarjee
BEE commission to probe Gupta-linked firms for allegedly faking certificates
Article
/ 5 March 2018

BEE commission to probe Gupta-linked firms for allegedly faking certificates

The DA is accusing Eskom of knowing Tegeta, Optimum and Trillian had used fraudulent certificates.

By Staff Reporter
​DA to come after Gupta-linked companies with fraudulent BBBEE certificates
Article
/ 26 February 2018

​DA to come after Gupta-linked companies with fraudulent BBBEE certificates

Three companies submitted their BBBEE certificates to Eskom to secure contracts and meet internal procurement criteria during the course of 2016.

By Mashadi Kekana
Business Rescue: How to keep the Gupta empire afloat
Article
/ 26 February 2018

Business Rescue: How to keep the Gupta empire afloat

Two business rescue practitioners are going to save Gupta companies and pay employees on time

By Staff Reporter
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