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Economists widely expect the South African Reserve Bank’s monetary policy committee to once again hold the interest rate at 8.25% when it concludes its meeting on Thursday.
ESKOM

Reserve Bank was not alerted to ‘shell company’ concerns — Eskom official

The negotiations with Huarong Energy Africa had raised a number of red flags since they commenced in late 2016

  • Sarah Smit
3 min read
Eskom’s worst case scenario forecasts almost daily load-shedding during the summer. (Waldo Swiegers/Bloomberg/Getty Images)
ANOJ SINGH

Eskom flouted process for red-flagged Huarong loan

Eskom treasury official Sincedile Shweni told the commission that Eskom contravened procurement regulations that govern unsolicited loan bids

  • Sarah Smit
3 min read
During his testimony on Friday, Eskom treasurer Andre Pillay revealed the implications of Eskom’s funding crisis under the leadership of its former chief financial officer Anoj Singh. (Delwyn Verasamy/M&G)
ANOJ SINGH

Zondo commission continues to probe Eskom’s dark days

Eskom treasury official Sincedile Shweni is scheduled to give testimony on Monday

  • Sarah Smit
2 min read
Former Eskom chief financial officer Anoj Singh. (Oupa Nkosi/M&G)
ANOJ SINGH

Singh was undeterred by Huarong loan red flags — Eskom treasurer

Eskom treasurer Andre Pillay told the commission on Friday that Singh was seemingly determined to sign a term sheet in advance of the R25-billion loan

  • Sarah Smit
2 min read