Tegeta coal prepayment not a loan says Eskom

2017-04-22 23:01

The over R600 million Eskom paid to Tegeta, a company in which the Gupta family has interests, was not a loan, but a prepayment, the state-owned power utility said on Saturday.

How Eskom could unlock billions to fast-track nuclear deal

2017-04-20 09:29

While Eskom is set on having a nuclear power station operational by 2025, the issue of financing a major infrastructure project has been top of mind.

Gigaba: Govt committed to renewable power despite Eskom's cost claims

2017-04-19 18:45

Finance Minister Malusi Gigaba says government is still committed to renewable energy, despite claims by Eskom that it is costly.

From sea to tap water

2017-04-18 06:00

As concerns over the ongoing drought continue to mount, Eskom has revealed its plans to install a desalination plant at the Koeberg nuclear power station.

Concern about lack of disclosure of Eskom, Tegeta arbitration details

2017-04-16 17:28

Eskom is seeking permission from Tegeta Resources, owner of the Optimum coal mine, to make details of its recent independent arbitration settlement public.

Gigaba to meet with Eskom, ministries on SA's nuclear plan

2017-04-13 17:09

Finance Minister Malusi Gigaba will decide on the way forward for a nuclear programme once he's met with Eskom and the relevant ministries.

Struggling SOEs fork out millions on sponsorship

2017-04-12 05:00

South Africa’s embattled state-owned entities spent millions on sponsorship money and membership fees of business lobby groups, parliamentary questions revealed.

New energy minister delays IPP signing amid protest from unions

2017-04-11 08:35

New Energy Minister Mmamoloko Kubayi has raised concerns with renewable energy IPPs, whose Power Purchase Agreements were supposed to be finalised on Tuesday.

52 phone calls expose Eskom boss #MatshelaKoko's lie

2017-04-09 18:52

Phone records show that acting Eskom CEO Matshela Koko lied about speaking with his stepdaughter's business partner, according to the Sunday Times.

New twist in IPP battle as Eskom may close stations early

2017-04-09 07:22

Eskom has been vague about five power stations that will have to close early due to the expected inclusion of more renewable energy producers.


Leak of draft report on Gupta-owned Tegeta an 'outrage' - Eskom

2017-04-21 15:41

Eskom has expressed shock and outrage over a leaked draft report about irregularities in its coal-supply contract with Gupta-owned Tegeta Exploration and Resources.

Rating South Africa’s creditworthiness: Nothing but the facts?

2017-04-19 19:21

The track record of major rating agencies may warrant a healthy level of scepticism but their job is not an easy one, says Dr Stephen Labson.

Public Protector assessing Molefe 'golden handshake' complaint

2017-04-18 17:01

The Public Protector is assessing a complaint from the South African National Civic Organisation asking it to probe former Eskom CEO Brian Molefe's reported R30m "golden handshake".

Public Protector must probe Molefe's 'golden handshake' - DA, Sanco

2017-04-17 13:43

Public Protector Busisiwe Mkhwebane must investigate reports that former Eskom CEO Brian Molefe's received a R30m golden handshake from the power utility, the DA says.

Wait and see says Eskom about alleged R30m payout to Molefe

2017-04-16 12:49

Taxpayers will have to wait to find out if former Eskom CEO Brian Molefe was paid R30.1m as part of a "golden handshake" after he resigned last year.

Banks, Eskom, Transnet and MTN cut to junk status

2017-04-12 06:01

Fitch Ratings has downgraded Absa, Nedbank, FirstRand, Standard Bank, Investec, Eskom, Transnet and MTN to BB+ or junk status.

NUM welcomes Seriti's purchase of Anglo coal mines

2017-04-11 17:42

The National Union of Mineworkers has welcomed Anglo American’s intention to sell its Eskom-tied domestic thermal coal operations to majority black-owned Seriti Resources.

Gupta-linked Tegeta settles Eskom fine in arbitration

2017-04-10 17:52

Tegeta Exploration & Resources, a company part-owned by the wealthy Gupta family, has reached an arbitrated settlement over a fine levied on its Optimum coal mine by power utility Eskom.

Eskom mum on ‘invalid’ R4bn Gupta-linked deal – report

2017-04-09 15:35

Eskom bent over backwards to award the Gupta family a R4bn coal supply contract, with former boss Brian Molefe and board chairperson Ben Ngubane withholding crucial information, reports the Sunday Times.

SA’s IPP project sets the standard

2017-04-09 06:13

It is important to regularly pause, reflect and appreciate a job well conceived and well executed, writes Brenda Martin.

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