Eskom’s R67bn prayer could hike power prices 37%

2018-01-28 06:00

Eskom’s applications for R66.6bn in additional revenue via the Regulatory Clearing Account could result in a staggering tariff increase of up to 37%.

Why shaking up SA’s power utility matters for the economy

2018-01-24 11:23

Cyril Ramaphosa recently appointed a promising new Eskom board. What can the board members do to turn the power utility around? The way parastatals operate also needs to be interrogated.

Gas-to-power: SA’s energy gamechanger

2017-12-12 10:05

The meaningful inclusion of gas in South Africa’s energy mix can transform the country’s infrastructure and create jobs.

JSE follows global markets down for second day

2017-11-15 19:49

All indices closed the day down, expect for Industrials which inched by 0.1%

WATCH: Eskom 'state capture' inquiry, day 4

Parliament's inquiry into allegations of corruption and maladministration at power utility Eskom continues on Friday. Watch the live stream above.

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WATCH: Eskom 'state capture' inquiry, day 2

Parliament's inquiry into allegations of corruption and maladministration at power utility Eskom continues on Wednesday. Watch the live stream above.

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OUTA argues for 0% Eskom tariff increase

2017-10-16 18:41

OUTA has submitted to national energy regulator Nersa that state power utility Eskom should receive no price increase next year, citing "fraudulent over-forecasts".

DA to refer Brown to Public Protector over Eskom tenders

2017-10-15 13:43

This follows a Sunday Times report that Eskom awarded two contracts worth R1.2m to a company owned by Brown’s partner Ingrid Tufvesson, and two family members of Brown’s former personal assistant.

Eskom questions BEE credentials of Gupta-linked Trillian

2017-10-12 18:12

Eskom has questioned the black economic empowerment credentials of Gupta-linked company Trillian Capital Partners, which partnered with US consultancy McKinsey to win lucrative contracts at the state power utility.

Cash-flush South32 is staying in SA - despite frustrations

2017-10-10 15:09

South32 is also waiting for approval from Eskom to extend Khutala, which supplies Kendal power station, and continue to invest sustaining capital in its manganese business.


Ramaphosa sees gains in SA's 'mammoth' graft fight

2018-01-24 19:40

Deputy President Cyril Ramaphosa says the authorities are intensifying their attack on pervasive corruption in the state and are having “positive” discussions with investors about the future of Africa’s largest economy.

Eskom hopes to announce Koko’s fate before end December

2017-12-15 19:03

Eskom Chairperson Zethemba Khoza says the board hopes to announce the outcome of suspended acting CEO Matshela Koko’s disciplinary hearing before the end of December.

Parliament condemns threats against Eskom inquiry MPs

2017-11-29 22:00

The National Assembly has set in place “certain processes” to ensure the safety of the Eskom Inquiry committee members after they received threats, says spokesperson Moloto Mothapo.

Eskom should put house in order before a tariff hike - manufacturers

2017-11-14 14:42

Manufacturers are resisting Eskom’s plea for a hike of almost 20% in electricity tariffs for the 2018/19 financial year, saying it will have a massive impact on the sector.

Koko declared 'conflict of interest' to former CEO Brian Molefe - as it happened

2017-10-19 16:44

Witness Annemarie Krugel has testifies to the nature of the relations that existed between former Eskom acting CEO Matshela Koko, his stepdaughter, his wife and CEO of Impulse International Pragesan Pather.

WATCH: Eskom 'state capture' inquiry begins in Parliament

Parliament’s inquiry into allegations of corruption and maladministration at power utility Eskom finally gets underway on Tuesday, after it was scheduled to start on August 1. Watch the live stream above.

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R1.2m Eskom tenders: Tufvesson denies benefiting from oil contracts

2017-10-15 15:31

Ingrid Tufvesson, an academic, transformation consultant, and the romantic partner of Public Enterprises Minister Lynne Brown, was the director of a company that received a lucrative oil contract.

Rights body challenges Eskom’s 19.9% tariff hike bid

2017-10-13 16:25

Safcei has submitted its opposing documents to Nersa regarding Eskom’s 19.9% tariff hike application.

The McKinsey Dossier, Part 4 – Bending over backwards for Trillian

2017-10-11 15:00

An investigation shows that suspended Eskom CFO Anoj Singh and his team stand accused of bending over backwards to get Trillian their payday, sometimes bullying mid-level officials into fabricating documents.

Eskom interim CEO Dladla out, Maritz in

2017-10-06 12:54

Eskom announced on Friday that it is replacing acting CEO Johnny Dladla with Sean Maritz.

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