BREAKING: Public Protector to probe Molefe's R30m pension payout

43 minutes ago

Public Protector Busisiwe Mkhwebane has agreed to investigate the decision that led to a R30m golden handshake to former Eskom CEO Brian Molefe.

Eskom faces rising surplus or plant closures

2017-07-23 07:16

Eskom’s local power surplus is set to rise as it brings on more generation capacity at a time when local demand for energy has dropped to an 11-year low.

‘Break up wasteful Eskom’

2017-07-23 06:20

Embattled power utility Eskom should be broken up and unbundled as it is wasting money.

Eskom ‘bought’ coal mine for the Guptas

2017-07-23 06:04

Investment company Pembani would have bought Optimum coal mine, but the acquisition was allegedly blocked by former Eskom chief executive Brian Molefe.

Gupta-linked Trillian says it has proof R495m Eskom deal was not phony

2017-07-21 14:01

Trillian says it has proof the work it did with McKinsey for Eskom was above board, after the power utility revealed it was investigating a R495m payment to the Gupta-linked firm.

Charges to be laid against Eskom's Anoj Singh

2017-07-20 19:27

Eskom’s chief financial officer Anoj Singh is set to face charges of breaching the Public Finance Management Act as well as the Companies Act.

Eskom's Anoj Singh sweating it out

2017-07-19 21:00

Despite a cloud hanging over Eskom’s chief financial officer Anoj Singh, who is believed to have close connections to the Gupta family, the embattled executive has so far escaped any sanction from his employer.

Brian Molefe the biggest winner of Eskom's bonus bill

2017-07-19 18:06

Cash-strapped Eskom’s bonus bill to staff members jumped from R2.1bn in 2016 to R4.2bn in 2017, with the highest windfall going to former CEO Brian Molefe.

Why Eskom crushed R2.1bn Optimum fine to just R255.4m

2017-07-19 13:21

Eskom reduced a massive R2.1bn fine to partly Gupta-owned Tegeta because of a problem with the coal crusher, says Eskom CFO Anoj Singh.

It was a crusher! Eskom reveals why Guptas got reduced fine on Optimum - as it happened

2017-07-19 11:22

Eskom CFO Anoj Singh has explained why Eskom reduced the R2.1bn fine to Tegeta - a company part owned by the Guptas.


#CityPress ICYMI: High noon at ANC race, Eskom employees get fat bonuses, Why the tide is turning....

2017-07-23 19:24

#CityPress ICYMI: High noon at ANC race, Eskom employees get fat bonuses, Why the tide is turning.... Here are some stories you may have missed today.

Nersa fights constitutional court appeal

2017-07-23 06:33

The National Energy Regulator of SA (Nersa) is opposing an application for leave to appeal filed with the Constitutional Court by five companies in Port Elizabeth.

Eskom employees get fat bonuses despite loss

2017-07-23 06:04

Although Eskom incurred massive losses in its last financial year, it still managed to pay each employee an average bonus of R88 000.

The tide is turning

2017-07-22 23:45

For those among us who are depressed and bleak about the state of the country, take heart, writes Mondli Makhanya.

Is Eskom living on borrowed time?

2017-07-21 06:00

The worst of times may still lie ahead for Eskom, says Dr Stephen Labson, who delves into the details behind the figures presented in the power utility's financial results.

Eskom: There is no cash crisis ... yet

2017-07-20 07:31

Eskom believes its financial results promise a bright future. But inside its financials lies a warning that a storm is approaching.

#News24 ICYMI: No critics for Zuma, acting SABC CEO quits, do you want a new Merc bakkie?

2017-07-19 19:22

Suspended SABC acting CEO James Aguma agreed to quit...The Gupta influence network reached into the heart of the Presidency, the #Guptaleaks show.. and more stories you may have missed.

Eskom to probe R1.4bn in Trillian-linked contracts

2017-07-19 16:47

Eskom's contentious deals with McKinsey & Company will be reviewed as the power utility's board sets on a mission to clear the perceived corruption rot gripping it.

Koko faces disciplinary action over R1bn contracts

2017-07-19 12:36

Former acting Eskom CEO Matshela Koko will face disciplinary action, relating to tenders awarded to Impulse International while his stepdaughter was a director at the firm.

D-Day: Extent of Eskom's cash crisis set to be revealed

2017-07-19 10:03

Eskom's solvency will be under the spotlight as it reveals its annual results amid reports that it is facing a cash crisis and will not be able to pay salaries in three months' time.

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