A report released over the weekend shows that a company linked to acting Eskom CEO Matshela Koko’s stepdaughter had made a considerable donation to the ANC for it’s January 8 birthday bash.
A report by amaBhungane claims the Guptas’ Tegeta Exploration and Resources was awarded a multi-billion Rand contract, without even having to tender for it.
Despite only serving as Eskom’s CEO for 18 months and resigning of his own accords, the Sunday Times reports that Brian Molefe scored a R30 million golden handshake when he left to become an MP.
Back in March the Sunday Times reported that acting Eskom CEO Matshela Koko had helped some R1.8 billion worth of tenders find their way to a company of which his stepdaughter is a director, but Koko denied any wrongdoing.
Pretoria was brought to a standstill.
The increase is thankfully less than some experts had thought.
A power box was set alight on the R102 during a protest against an electricity blackout in the Fairbreeze area, Tongaat, north of Durban on Monday night.
According to the Democratic Alliance, the ANC-run town of Mantsopa narrowly avoided having its power cut for owing Eskom money, yet managed to splash out on a new Merc for the mayor.
Eskom has suspended power cuts to five municipalities who, together with others, owe the power utility R10.2bn in debt, it announced on Sunday.
Another Eskom board member has resigned, less than a week after CEO Brian Molefe threw in the towel on account of the State of Capture report.
Busisiwe Mkhwebane hasn’t exactly had the most inspiring first few weeks as our new PP and there are already those who believe her to be a Zuma loyalist.
Just two weeks ago Eskom CEO Brian Molefe found himself implicated in the ‘State of Capture’ report, which placed him at the Guptas’ Saxonwold residence 19 times.
Eskom CEO Brian Molefe did his best to explain why he had visited the Guptas at Saxonwold 19 times, and the best he could do was claim he’d been visiting a shebeen in the area instead.
It’s no secret that Treasury and some of SA’s State Owned Enterprises (SOEs) don’t see eye to eye, mostly because Pravin Gordhan is trying to rein in spending.
Eskom CEO Brian Molefe said the only thing he has been captured by is South Africa’s constitution.
Head honchos at National Treasury claim to have a last resort plan that’ll guarantee Jacob Zuma’s destruction, but it comes with a hefty price.
Eskom’s much-touted Ingula hydro-electric power plant in KZN is running at least four years behind schedule and has more than tripled in budget thanks to mismanagement.
The total remuneration of Eskom’s executive directors rose to R30-million from R8.1-million in the 2014/15 financial year.
No more loadshedding and more than 10% growth in revenue… almost seems to good to be true, but Eskom is on the up thanks to CEO Brian Molefe and his team.
Eskom reportedly suffered losses to the tune of R65 million as a result of the conniving.
Well would you look at that. A coal mining company owned by the Guptas and Zuma’s son Duduzane has been awarded a fat contract, saving it from business rescue.
Italy’s TerniEnergia recently completed its giant solar power plant in the Western Cape and it’s pretty darn impressive.
After just three months on the board of Gupta-owned Oakby Investments, Mark Pamensky got bumped up to Eskom’s board as well.