Solidarity, Gerrie Nel kick off bid to privately prosecute ex-Eskom CEO Brian Molefe

2019-08-13 18:05

Trade union Solidarity and lobby group AfriForum have asked Advocate Gerrie Nel to kick off the process to privately prosecute the former head of the power utility.

Eskom will be selling Zimbabwe electricity again soon – just as long as South Africa has no load shedding

2019-08-05 22:09

The utility has confirmed that Zimbabwe has made payment arrangements for outstanding debt and will be getting 400MW worth of imports again, but most of that will be on a "non-firm basis".

All the big SA companies that are currently looking for CEOs - including the Post Office and Postbank

2019-08-01 20:50

Absa, Old Mutual, Eskom and SAA are among the companies looking for new CEOs.

IN QUOTES: CEO Phakamani Hadebe's parting words on Eskom as he bows out

2019-07-31 10:52

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.

SAICA: We are helping Eskom avoid a downgrade

2019-07-30 19:28

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 has referred scores of 'senior' employees to the Special Investigating Unit after lifestyle audits – and more than a hundred have left after ‘procurement breach’ investigations

2019-07-30 14:57

Eskom says it has completed more than a thousand investigations relating to "procurement breaches" – and a lot of employees are no longer working there.

Mboweni's top 10 quotes on Eskom bail out and the 'significant cost to tax payers'

2019-07-23 12:13

Finance Minister Tito Mboweni has warned that additional funding of R59bn allocated to debt-ridden power utility Eskom will come at a 'significant' cost to the fiscus.

Electricity theft: No more Mr Nice Guy, Eskom warns

2019-07-10 19:21

Eskom will no longer be restoring power in areas where repeated failures are caused by electricity theft, the power utility has said.

Treasury authorised R17bn emergency funding for Eskom in April

2019-07-03 21:54

Finance Minister Tito Mboweni authorised a R17.6bn allocation to Eskom in April as the struggling power utility faced difficulty in servicing its debts, members of Parliament have heard.

Ferial Haffajee: Does Eskom really need a Chief Restructuring Officer?

2019-06-27 13:15

Is Public Enterprises minister Pravin Gordhan creating a Gordian knot at Eskom? asks Ferial Haffajee.

 

Zim says it has reached 400MW a week deal with Eskom

2019-08-06 21:30

The Zimbabwean government says it has reached an agreement with South Africa’s state-owned power utility Eskom for the supply of 400MW of electricity, starting this week.

Eskom's revolving door: 10 CEOs in 10 years

2019-08-02 05:01

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.

Ferial Haffajee: Reading the signs, Eskom’s death spiral is about to speed up

2019-07-31 14:12

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.

What we know about Freeman Nomvalo, Eskom’s new 'bad cop'

2019-07-30 19:43

The chief restructuring officer will be required to unbundle Eskom into three entities.

Scams, sabotage, and stolen power: how Eskom lost nearly R2 billion to crime last year

2019-07-30 18:02

Eskom estimates it lost 30% more to crime in its last financial year than the previous one, the vast majority of that from stolen electricity.

The rules that bind us

2019-07-23 13:56

If we are to move our economy forward, we need to break free from antiquated laws that are restricting the growth of our industries.

Eskom to pay Nedbank R900m in interest before month end

2019-07-18 11:48

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.

All the big South African companies that are currently looking for CEOs

2019-07-10 16:34

At least eight major South African companies are currently without a CEO.

Good news for Eskom: World Bank says SA will save it

2019-07-02 14:38

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.

Eskom unbundling will go ahead, says Gordhan

2019-06-25 17:42

Public Enterprises Minister Pravin Gordhan announced on Tuesday that Eskom's unbundling will go ahead and that there was no deviation from that plan.

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