'Why are you fighting with the Gupta family?' - A tale of Eskom's capture

2018-11-18 08:03

Former head of generation and once upon a time acting group chief executive at Eskom, Matshela Koko, intervened in a dispute over coal test results, came out to bat for the Gupta team, a forensic report has shown.

Eskom Confidential: Koko, Daniels, Ngubane and the Gupta email account called Business Man

2018-11-16 22:16

A Gupta-linked email account called Business Man has landed three former Eskom executives in hot water for allegedly sharing confidential information with third parties – namely the Gupta family and their associates.

Top Eskom executive resigns hours after suspension

2018-11-16 11:42

Mere hours after Eskom announced it had suspended its Executive for the Group Capital Division, Abram Masango, lawyers for Masango announced his immediate resignation from the power utility.

Malusi Gigaba named in bombshell Treasury report on rot at Eskom, Transnet

2018-11-16 10:37

National Treasury has released a bombshell report of more than 600 pages detailing the extent of rot at Transnet and Eskom over the last six years – and says Malusi Gigaba compromised the procurement process of controversial new Chinese locomotives.

Rothschild not in business with Eskom - Radebe

2018-11-15 21:28

Eskom is not doing business with the Rothschild Group - where former finance minister Trevor Manuel serves as deputy chair - despite meetings and correspondence between the two, Energy Minister Jeff Radebe has said.

Load shedding: Eskom's coal crisis in a nutshell

2018-11-14 08:30

Eskom is running low on coal; municipal debt has ballooned by another R2bn since May and the risk of load shedding is "very high". Here's what you need to know.

Eskom consulting executives on possible job cuts

2018-11-07 16:17

State-owned power utility has started consultations about possible job cuts for executives as the cash-strapped company looks to rein in soaring costs despite stagnant electricity output.

Eskom-China loan: We will not sell the country's silver, says Ramaphosa

2018-11-06 16:55

President Cyril Ramaphosa has reiterated that there are no conditions to the R33bn loan from China Development Bank to Eskom, and none of SA's assets will be seized in the event of a default.

Leaked Eskom report implicating Brown, Gigaba is 'scandalous, embarrassing' - chair

2018-11-05 10:08

Eskom inquiry chairperson Zukiswa Rantho says that she does not know how the leaking of the draft preliminary report will affect the work of the committee.

Gupta-linked firm to be liquidated over R60m debt, 800 jobs on the line - sources

2018-11-03 19:53

A mining contractor owned by the Gupta family has been put into liquidation, which could see 800 people losing their jobs and the chief executive officer returning to India, according to people with knowledge of the matter.

 

Cash stash: Questions raised about how Anoj Singh funded his lifestyle

2018-11-17 10:46

For three years former Transnet and Eskom chief financial officer Anoj Singh's substantial salary accumulated in his bank accounts, with no monthly payments or debit orders.

Was Eskom load shedding sabotage to usher in Gupta-friendly execs?

2018-11-16 17:28

A bombshell final investigation report into irregularities and financial mismanagement at state-owned Eskom and Transnet has questioned whether load shedding at the power utility may have been sabotage.

Eskom mulls management-unit cuts to trim costs

2018-11-16 10:56

The power utility is considering reducing its executive committee and having fewer divisions, thinning out top management as the South African state-owned power utility aims to cut costs.

Eskom suspends executive for the group capital division with immediate effect

2018-11-16 09:13

The power utility said it would be launching an investigation into 'various allegations of impropriety against him relating to the Kusile Power Station build project'.

Hogan's evidence a siren call to Zuma

2018-11-14 09:20

The most disturbing revelation of Barbara Hogan's testimony during her second day at the Zondo commission must have been how Jacob Zuma blatantly interfered in the operations of Eskom, writes Pieter du Toit.

Hogan shows Zuma, ANC ran government like a mafia ring

2018-11-12 20:18

Barbara Hogan's testimony on Monday at the Zondo commission skewered former president Jacob Zuma and put the ANC firmly at the centre of the state capture project (again), writes Pieter du Toit.

Leaked Eskom inquiry report is invalid until Parly committee adopts it – chair

2018-11-07 13:40

The leaked Eskom Inquiry report remains invalid until the public enterprises committee formally adopts it, chairperson Zukiswa Rantho has said.

I will consult ANC and my lawyers on leaked Eskom report - Gigaba

2018-11-05 15:07

Home Affairs Minister Malusi Gigaba says Parliament’s Portfolio Committee on Public Enterprises has been drawn into a political smear campaign against him.

N3 re-opened following maintenance

2018-11-03 22:44

The N3 toll route between Hilton and Mooi River in KwaZulu-Natal has been re-opened following maintenance on Sunday morning.

Ramaphosa lifts veil on some Eskom-China loan details

2018-10-30 11:24

President Cyril Ramaphosa says there are no specific conditions on the R33bn loan to Eskom, extended by the China Development Bank (CDB).

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