Eskom’s R67bn clawback is ‘unaffordable’

Apr 22 2018 05:56

If the full amount of R66.6 billion in cost recoveries sought by Eskom was granted, it would result in a 35% increase in power prices, and such an increase would not be affordable to the economy.


Court gives OUTA green light to be heard in coal mine case

Apr 21 2018 08:00

An application objecting to OUTA being heard in a reconsideration application against the Asset Forfeiture Unit has been dismissed by the North Gauteng High Court.


R13.5bn municipal debt burden 'really beyond Eskom'

Apr 18 2018 19:52

Municipalities owe Eskom R13.5bn, a situation which requires intervention by government, South Africans and Parliament, the portfolio committee on public enterprises has heard.


Speaker asked to weigh in on tracking down Gupta brothers, Duduzane Zuma and Dudu Myeni

Apr 18 2018 07:16

The portfolio committee on public enterprises is seeking legal advice from the Speaker in dealing with Dudu Myeni, the Gupta brothers and Duduzane Zuma who have all failed to appear before it for the Eskom Inquiry.


Eskom acting CEO promises 'new culture of accountability'

Apr 18 2018 14:29

The Eskom board has told Parliament it is serious about instilling a new culture of accountability and consequence management at the state power utility.


Eskom reacts to concerns raised at Nersa hearings

Apr 17 2018 15:56

Eskom tells Nersa and stakeholders that it is dealing decisively with executives and employees who have been accused of engaging in fraud and corruption.


Eskom pushed consumers to electricity price ceiling - Safcei

Apr 17 2018 17:28

Civil rights body Safcei has told Nersa it rejects Eskom's revenue claw-back application and sees the application process as "an outdated model of an inefficient monopoly".


Tariff hikes not the solution for Eskom, Nersa hears

Apr 17 2018 14:08

There are better ways to address Eskom’s liquidity problems, the director of electricity distribution and generation at the City of Cape Town has told Nersa.


Molefe under 'more pressure than before' after failed appeal bid

Apr 17 2018 13:05

Embattled former Eskom CEO Brian Molefe faces a new challenge after the High Court rejected his application to appeal a decision forcing him to pay back part of his R30m pension windfall


Molefe loses court bid to appeal pay back pension ruling

Apr 17 2018 10:17

The North Gauteng High Court has dismissed an application by former Eskom CEO Brian Molefe for leave to appeal a ruling that he pay back the part of his pension payout he already received.

Inside Fin24.com


Court to hear Molefe's application for leave to appeal pension ruling

Apr 17 2018 08:19

The North Gauteng High Court is set to hear an application by former Eskom CEO Brian Molefe to appeal a judgment that ordered him to pay back part of the pension he received from the power utility

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