The Guptas have been helped to buy the Optimum mine through a pre-payment of R659m by Eskom, said Glencore’s former head Clinton Ephron. Eskom’s fingers were further in the negotiations by fining Optimum Coal with R2.1bn for so-called low-grade coal supply. This forced Optimum Coal to go into business rescue. The rumours are that Eskom..
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Former Mineral Resources Minister was dismissed by the ANC regime so that Gupta candidate could fill the post to make corruption and state capture possible at Eskom
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Guptas at it again – workers unpaid but lavish R100m double wedding planned – most likely funded by the ANC-regime?
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The Emirates Palace hotel in Abu Dhabi where the Gupta family are reportedly hosting a lavish double wedding in February 2019. The Guptas are reported to be hosting a lavish double wedding at a palatial hotel in Abu Dhabi. The AmaBhungane Centre for Investigative Journalism published a nine-page wedding invitation on Friday and said the..
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Eskom coal supply dwindles – Dark days await SA
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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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Protets action at Optimum mine continues
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JOHANNESBURG – Workers at the Optimum Coal Mine in Mpumalanga have been promised feedback on Thursday on whether they will be paid this month.
Employees have been demanding clarity on the future of the mine after the Bank of Baroda which was responsible for administering their salaries stopped doing business in South Africa.
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Eskom agrees to lower quality coal from Gupta-owned Tegeta but purchasing it at a more expensive rate
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Eskom has agreed to allow Gupta-owned mining company Tegeta Resources and Exploration to deliver lower quality coal‚ at a more expensive rate‚ to its Hendrina power station in a show of the family’s continued influence at the power utility. Internal documents seen by TimesLIVE record that during negotiations between Eskom chief procurement officer Jay Pillay..
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