Alexkor's reliance on diamond sales could seal its fate, auditor warns

2019-11-26 05:00

Independent auditor and director of Ngubane and Company, Sicelo Vilakati, wrote in his audit report that Alexkor's financial conditions indicated “material uncertainties” which cast doubt on its ability to continue as a going concern.

Chinese investors wary of SA red tape - official

2018-06-22 19:36

Chinese investors are concerned about the lengthy lead time it takes South Africa to conclude investment deals and turn around projects, according to a top official in the National Planning Commission.

Eskom mum on Matona's 'golden handshake'

2015-05-19 06:26

The public will remain in the dark about any financial settlement reached with former Eskom CEO Tshediso Matona until its next 2015/2016 financial report in 2016.

SAA to oppose CEO's suspension challenge

2015-04-06 12:30

SAA is set to oppose suspended CEO Monwabisi Kalawe's bid to get the Labour Court to halt his disciplinary hearing, says spokesperson Tlali Tlali.

Tsotsi quits as Eskom chairperson

2015-03-31 06:30

Eskom board chairperson Zola Tsotsi has resigned and Ben Ngubane has been appointed acting chairperson with immediate effect.

Tsotsi: Zuma told me to investigate Eskom rot

2015-03-27 12:25

President Jacob Zuma himself backed a plan to set up an inquiry to investigate “rot” at Eskom, claims chairperson Zola Tsotsi.

Suspended Eskom CEO awaits fate

2015-03-27 07:53

The Labour Court in Johannesburg is expected to deliver judgment in the challenge by Eskom CEO Tshediso Matona to have his suspension reversed.

Presidency says it won't entertain Eskom gossip

2015-03-26 16:04

The presidency says it would not entertain rumours and gossip about Eskom, during a day of stage 2 load shedding and Tshediso Matona's attempt to be reinstated as CEO.

Eskom can’t afford to pay independent power producers

2015-03-26 12:47

Eskom’s cash flow is not strong enough to renew contracts with independent power producers who has fed almost 800 megawatts into the national grid.

Matona heads to CCMA to challenge suspension

2015-03-25 20:08

Suspended Eskom CEO Tshediso Matona has approached the CCMA over his "unfair suspension" which occurred when the board decided to implement an inquiry into Eskom.


Alexkor board will be the first to act against corruption – Matona

2018-11-07 14:19

Alexkor interim chairperson Tshediso Matona has said the board will be the first to act if there is any wrongdoing discovered at the state-owned enterprise.

Axed Eskom CEO gets top govt job

2015-08-28 17:46

Cabinet has announced the appointment of former Eskom chief executive Tshediso Matona as secretary for national planning in the Department of Planning, Monitoring and Evaluation.

This is the crucial test for Eskom CEO Brian Molefe

2015-05-10 21:15

Acting Eskom boss Brian Molefe will be keenly watched as he tries to strengthen internal controls relating to procurement and auditing contracts.

Eskom needs proper management - Fedusa

2015-04-02 19:41

Eskom needs to sort out its management issues and put people in charge that will ensure the country has reliable power supply, Fedusa says.

Tsotsi positive of confidence vote by Eskom board

2015-03-30 19:31

The chairperson of Eskom says he faces a vote of confidence by the utility's board, after being accused of acting improperly by suspending the chief executive.

Eskom CEO fails to lift suspension

2015-03-27 11:14

Labour Court Judge Benita Witcher has struck the application of Eskom CEO Tshediso Matona to have his suspension lifted off the roll.

Factions seeking to privatise Eskom - Numsa

2015-03-26 18:31

Powerful economic and financial factions in government and the private sector are fighting to wrestle energy control by privatising Eskom, according to Numsa.

Matona has 'no idea' why he was suspended

2015-03-26 15:31

Tshediso Matona, the CEO of embattled power utility Eskom, believes his suspension was unfair and unlawful and has asked the labour court to set it aside.

Judgment reserved in Matona suspension case - as it happened

2015-03-26 12:09

Suspended Eskom CEO Tshediso Matona will know by tomorrow if he will get an interdict against his suspension, as judgment has been reserved.

Chairperson not removed, says Eskom

2015-03-25 19:15

Eskom board chairperson Zola Tsotsi has not been removed, the power utility says, despite reports that he faces a vote of no confidence from fellow board members.

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