Tegeta
latest news & developments
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
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
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…
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
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
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
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…
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…
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
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
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
SIU wants Eskom-Tegeta R3.7bn coal contract cancelled
The ten-year contract is expected to end in 2025
Gupta looters leave SA in the dark
And a planned PetroSA plant shutdown meant Eskom could not replenish diesel supplies
‘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