While the Hawks hunt for Optimum coal mine owner Ajay Gupta, Eskom is looking for a way to keep the mine’s doors open as coal stocks fall.
If it doesn’t, Eskom could be lights out by Friday, according to an energy analyst.
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Eskom coal supply dwindles – Dark days await SA
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A top parliament official spent R4m of taxpayer money on travel costs
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A parliamentary official has been exposed for wasting millions on some rather ridiculous travel costs. Now, he will have to account for himself.
Parliamentary chief Gengezi Mgidlana is in very hot water over a finding that shows him spending R4m of taxpayers’ money on transport. On Friday, the Cape Town High Court dismissed his bid to stop Parliament carrying out a disciplinary hearing.
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Well Eskom are looking at taking R67-billion out of your pocket
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The objections to Eskom’s efforts to claw back almost R67-billion in revenue began in earnest this week as the first round of public hearings into the matter got underway.
But this is not the end of attempts by the power utility to recover money it believes it is owed.
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High court rules against Numsa bid to stop signing of electricity deals
Eskom wants permission to keep on polluting
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Environmental groups are fuming after Eskom applied for another postponement to regulations that would reduce pollution from one of their power plants.
The Highveld Environmental Justice Network and the Life After Coal Campaign‚ which includes the Centre for Environmental Rights (CER)‚ Earthlife Africa Johannesburg and groundWork‚ objected to Eskom applying for a postponement for their Tutuka power station – near Standerton in Mpumalanga – to comply with the minimum emission standards (MES).
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NUMSA obtains interdict against Eskom to prevent them signing the 27 (IPP) contracts
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The National Union of Metalworkers of South Africa (Numsa), together with Transform RSA, have obtained an urgent court interdict at the North Gauteng High Court to prevent Eskom from concluding the outstanding renewable energy Independent Power Producer (IPP) products, including the power purchase agreements.
Numsa and Transform RSA launched a late night high court bid yesterday to urgently interdict Eskom from signing the 27 (IPP) contracts on Tuesday.
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Public Protector finds Brown ‘inadvertently’ misled Parliament about Eskom-Trillion
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Cape Town – The Public Protector has found that Public Enterprises Minister Lynne Brown misled the National Assembly when she denied there were engagements between power utility Eskom and the Gupta-linked company Trillian Capital Partners.
This is according to a report issued by the Public Protector Busisiwe Mkhwebane to the DA on Thursday.
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Eskom chair hands in resignation
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Eskom chairperson Zethemba Khoza has handed in his resignation, according to a report by Fin24. According to Fin24, Khosa has handed in his resignation to Public Enterprises Minister Lynne Brown “in the good interest of the country”. “I was putting out fires on a daily basis, so I think it’s good to give new people..
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Total collapse of state-owned enterprises under Minister Brown
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The Democratic Alliance’s Natasha Mazzone has, once again, slammed Minister of Public Enterprises, Lynne Brown. Eskom remains in the spotlight. The Democratic Alliance’s Shadow Minister of Public Enterprises Natasha Mazzone has become quite a political “big name” over the last few months. Her grilling of Lynne Brown during the Eskom inquiry gathered particular attention. Now,..
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How Cyril Ramaphosa Sold His Soul to The Oppenheimers For $900 Million. How Much Will He Sell SA For?
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Has South Africa just jumped from the frying pan into the fire by having Cyril Ramaphosa elected as the President of the ANC and next President of SA? Are our memories that short that we forget that Ramaphosa is simply just a better liar than Zuma, and not only in the “African Way” is he..
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Eskom Could Close Hendrina Power Station Over Coal Supply: Plunging SA into another period of load shedding
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An amaBhungane exclusive has revealed that Gupta-owned Tegeta has repeatedly failed to deliver enough coal. Leaked documents have revealed that Eskom is warning it might have to close its Hendrina power station, possibly plunging the country into another period of load shedding. An amaBhungane exclusive has revealed that Gupta-owned Tegeta, which bought the Optimum Coal..
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Just in SA – Power tariffs increase, municipalities do not pay
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Eskom has tried to explain their request for a tariff increase of almost 20 percent to Nersa, but it seems that several municipalities simply do not pay for Eskom services. Direct consumers of Eskom Power, such as farmers and industries, will be severely affected by the requested tariff increase. Now it appears that Eskom does..
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ESKOM FACING CASHFLOW TROUBLE – THEN STOP SPENDING MONEY ON BONUSES
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Eskom spokesman Khulu Phasiwe said the firm’s sales growth had been muted while its operating cost was very high and its tariff for the current financial year was low. South Africa’s scandal-plagued power utility Eskom said on Monday it was not insolvent but was facing serious liquidity issues and would be in “trouble” if the..
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BLSA tells Eskom: ‘You remain suspended’
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Business Leadership SA on Monday reiterated the suspension of Eskom from the organisation. BLSA said it is holding high-level discussions with Eskom’s acting CEO‚ Sean Maritz‚ regarding serious allegations of corruption and state capture that had led to the suspension of the power utility from the organisation. “The first of these meetings was held on..
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McKINSEY DOSSIER – Part 1: How McKINSEY And Trillian Ripped R1.6B From ESKOM – And Planned To Take R7.8BN More
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It is now well-established that global consultants McKinsey and their local Gupta-linked counterpart Trillian extracted R1.6-billion in fees for “turnaround” advice given to Eskom. In this investigation, the first in a series, we delve into an explosive report that says Eskom ignored warnings that the proposed contract might be illegal, and reveal internal documents detailing..
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