As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
Sprinkles early. Morning clouds. Mild.
Fixing loss-making power utility Eskom is complex and it will take time for the government and the company to agree to a plan, according to Moody’s Investors Service.
Jabu Mabuza is officially the 10th CEO to walk the corridors of the power utility's head offices in 10 years. On the back of Phakamani Hadebe's exit this week, Fin24 takes a look at Eskom's revolving door of CEOs and acting CEOs and where they are now.
Wednesday is Phakamani Hadebe's last day in office as Eskom's Chief Executive Officer. Here is a roundup of key quotes from his last presentation on the job.
Eskom is due to pay over R900m in interest to Nedbank Corporate and Investment Banking before the end of the month, it said in a notice on Wednesday evening.
The risk of South Africa’s struggling state power utility going bust doesn’t appear to faze one of its biggest creditors: the World Bank.
Public Enterprises Minister Pravin Gordhan announced on Tuesday that Eskom's unbundling will go ahead and that there was no deviation from that plan.
President Cyril Ramaphosa’s re-election will strengthen investor confidence in South Africa, according to Bloomberg Intelligence analysts Philip Richards and Edmond Christou.
Most South Africans want foreign investment in electricity generation to focus on renewable energy and not on coal, according to an international survey released on Wednesday.
Public Enterprises minister Pravin Gordhan's media briefing on Wednesday on the state of SA's electricity supply was a refreshing exercise in accountability, writes Ferial Haffajee.
Eskom CEO Phakamani Hadebe says the power utility has identified some 30 companies which must pay it back for poor workmanship on power plants.
Talks around restructuring Eskom's bonds must be approached carefully to avoid spooking the market, according to S&P Global Ratings.
If this is the best plan Pravin Gordhan and Cyril Ramaphosa can come up with after so many months, we should be very worried, says Ferial Haffajee.
Among the first items on the new Eskom Chief Restructuring Officer's to do list will be tackling the power utility's debt burden and engaging investors - and accounting body SAICA says it is standing by to assist.
Eskom will no longer be restoring power in areas where repeated failures are caused by electricity theft, the power utility has said.
Is Public Enterprises minister Pravin Gordhan creating a Gordian knot at Eskom? asks Ferial Haffajee.
Trade unions have said that there have been no formal meetings with Eskom to discuss what the unbundling of the power utility will mean for workers - four months since it was first announced.
President Cyril Ramaphosa has said the government won’t cut jobs at state power utility, Eskom, as it divides the company into three separate businesses.
The rising costs of Kusile and Medupi stand at hundreds of billions despite several red flags along the way. Here's what we can learn from the mega mistakes of Eskom's mega projects, says Makhopa Tshehla.
Eskom and government will soon know more about what needs to be done to stabilise the grid, Cabinet has said.
Eskom is in talks with Petro SA to accelerate the offloading of a shipment of diesel in a bid to ease the need for load shedding. The shipment was expected to arrive earlier this week and be in use by Thursday - and the need for load shedding depends on when it comes.
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Apartments / Flats
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