Fears about Minister Dlodlo weren't unfounded. Six months into the job, she's been accused of issuing illegal interception orders, writes Adriaan Basson.
Despite Moody’s downgrade of Eskom to junk, the power utility says it is determined to turn its fortunes around and that investors and lenders are reviving their commitments to it.
Eskom's head of generation Matshela Koko has rejected the new board's ultimatum to resign within 24 hours or be fired.
The South African Federation of Trade Unions has called on Matshela Koko, Eskom's Head of Generation, to take a leaf out of former CFO Anoj Singh's book and resign.
Eskom’s newly appointed board will not only strengthen corporate governance and ensure financial stability at the power utility, but also drive transformation, says the Black Business Council.
Former acting Eskom CEO Matshela Koko says he heard the news of his removal “as everyone else did” and he will wait for the board to advise him of government’s decision.
More than 200 senior Eskom managers expressed their concern over the lack of “decisive and bold actions against allegations of fraud, corruption and maladministration” in a letter to Deputy President Cyril Ramaphosa.
Eskom chairperson Zethembe Khoza confirmed to Fin24 that he submitted his resignation to Minister of Public Enterprises Lynne Brown and he's waiting for her to accept it.
The board of power utility Eskom, as well as its controversial suspended CFO Anoj Singh, will give evidence before the portfolio committee on public enterprises on Wednesday and Thursday.
Former Eskom board chairperson Ben Ngubane has been trending on Twitter for most of the day, following his resignation. These funny memes tell the story better.
If Brian Molefe and Eskom could at the very least decide on a story and stick with it, that would be the very least of their problems, writes Phephelaphi Dube.
Embattled Eskom executive Matshela Koko has accused Eskom's inquiry into state capture of intimidatory tactics, saying that it resembles a "witch hunt".
Eskom’s new board will investigate why the power utility’s previous board wrote a letter to global consultancy McKinsey to say a R1bn payment was lawful, despite previously saying the opposite.
Eskom is wasting no time approaching potential lenders in the hope that its board overhaul was enough to ease concerns about governance at the ailing utility.
Business leaders have welcomed the appointment of Eskom’s new board as a sign that there is political will to restore confidence in state-owned enterprises.
Telkom Chairperson Jabu Mabuza will chair Eskom’s board as part of a host of measures announced by government to “stabilise management” at the power utility.
Former finance minister Nhlanhla Nene says the matter of whether he’ll be appointed as Eskom chair is “still under consideration” and he hopes for a conclusion before the end of the day.
Eskom's acting board chair Zethembe Khoza was questioned for almost three hours, while the power utility's suspended CFO Anoj Singh was criticised for 'undermining Parliament' on the second to last day of the Eskom inquiry for 2017.
Public Enterprises Minister Lynne Brown's appointment of two “green” board members shows that she is ready for the state utility to take a second look at renewable power.
Former Eskom CEO Brian Molefe is challenging the Eskom board's decision to rescind his appointment.
Cape TownCA Financial AppointmentsR480 000.00 - R600 000.00 Per Year
Western CapeThe Building Company
Western CapeLiberty Financial Advisers
R 1 885 000
R 6 500 000
R 9 700 000
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