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Feb 13 2012 12:15
Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.
Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Johannesburg - The process to recruit a new chief executive officer for Eskom is "making progress," the electricity parastatal said on Monday.
This followed the judgment on Friday in the High Court in Johannesburg that former chief executive officer Jacob Maroga would
not be reinstated to his position.
"Eskom notes the judgement in the high court on Friday," Eskom acting chairman Mpho Makwana said in a statement.
The parastatal was now able to appoint a new chief executive officer as the court had also ruled that Maroga could not prevent
Eskom's board from naming a successor.
"Eskom will share further information on the appointment as soon as the process is completed," Makwana said.
Maroga was fired by the Eskom board in November 2009 after he denied that he had offered to resign from the parastatal.