Eskom to borrow R50bn a year in debt financing - analyst

2017-05-26 08:44

Eskom, which has about R350bn of debt financing and net debt of around R320bn, is expected to borrow about R50bn gross per year going forward, says an analyst.

Eskom denies destroying Molefe papers, but DA says source is solid

2017-05-24 17:27

The DA has made startling claims that Eskom is destroying key documents and correspondence regarding the reappointment of CEO Brian Molefe.

Gordhan leads the charge against Denel on Gupta links

2017-05-24 12:33

Former finance minister Pravin Gordhan has led the charge against another state-owned entity when he grilled Denel, demanding an honest answer about dealings with Gupta-linked VR Laser.

Fraud cloud over Molefe's reappointment

2017-05-23 21:43

The ANC study group says Brian Molefe’s reinstatement as Eskom CEO raises questions of "possible fraud", which he may have committed when he was sworn in as MP.

How Eskom bent the rules

2017-05-21 06:01

In determining its intended R30m payout to Brian Molefe after he resigned as CEO, Eskom treated the calculation as if it were a retrenchment

SABC exec: Aguma sick but not out as acting CEO

2017-05-17 13:45

The SABC currently has a new acting CEO, but this is only while James Aguma is on sick leave.

James Aguma no longer acting SABC CEO

2017-05-17 11:17

James Aguma is no longer the acting CEO of the SABC, Communications Minister Ayando Dlodlo has told the Standing Committee on Public Accounts.

Corruption Watch, OUTA write letters challenging Molefe's return

2017-05-12 17:01

Civic organisations Corruption Watch and OUTA have written letters challenging the reinstatement of Brian Molefe as Eskom CEO.

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.

We want SOEs to be financially stable – Gigaba

2017-04-05 07:27

The financial stability of SOEs remains a top priority for government, said new Finance Minister Malusi Gigaba.


Koko gets Twitter whiplash over Gordhan tweet

2017-05-25 17:45

Twitter users were not impressed by former acting Eskom CEO Matshela Koko’s tweet that asked users who remembered a story that saw Ivan Pillay rehired at SARS after his retirement.

Eskom issue difficult, embarrassing for ANC - Mkhize

2017-05-24 15:34

Eskom is a difficult and embarrassing issue for the ANC, treasurer general Zweli Mkhize has said.

Maswanganyi vows bold state intervention to drive transformation

2017-05-24 06:03

Radical economic transformation has been the theme of new Transport Minister Joe Maswanganyi's first budget and policy statement to the National Assembly.

Molefe was just on unpaid leave from Eskom - affidavits

2017-05-22 19:45

While he was an MP in Parliament, Brian Molefe was only considered to be on "unpaid leave" from his position as CEO of Eskom, reports the Mail & Guardian.

Brown, Eskom board to answer to Parliament on Molefe's return

2017-05-17 17:55

Public Enterprises Minister Lynne Brown and the Eskom board have been summoned to Parliament to explain why they rehired Brian Molefe as CEO.

PIC in the mix of options to fund loss-making SAA

2017-05-17 12:59

National Treasury is considering a 'number of avenues' to finance the loss-making SAA, which may include the Public Investment Corporation as a public equity partner.

DA files urgent court application to block Molefe's return to Eskom

2017-05-15 14:55

The DA has filed an urgent two-part application with the North Gauteng High Court, opposing Brian Molefe's return to Eskom.

Molefe's Eskom return better than R30m payout - Brown

2017-05-12 15:57

Reinstating Brian Molefe in his old job at Eskom was better than paying out the proposed R30m pension he wanted, says Public Enterprises Minister Lynne Brown.

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.

Pravin Gordhan: Competent, ethical people must run state firms

2017-03-24 14:04

Finance Minister Pravin Gordhan says competent people with the right ethical behaviour are needed to run public institutions.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.