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Wits professor on Eskom board has ‘utmost confidence’ in peers
Government announced a new 13-member board on Saturday with Jabu Mabuza as the chairperson.
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Eskom seeks to avoid suspension of JSE bonds, recall of $3.7bn loan
Eskom said on Friday that it was committed to publishing the financial results before the end of January to avoid its bonds being suspended by the JSE.
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BLSA optimistic after appointment of new Eskom board
Government has appointed businessman Jabu Mabuza as Eskom's new chairperson with Phakamani Hadebe as the acting group chief executive.
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New Eskom board chair Jabu Mabuza ready for the task ahead
The new chairperson says the task of stabilising the parastatal is a critical one that won't be taken lightly.
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Eskom appoints new board
Government on Saturday announced a new Eskom board in a bid to restore confidence in the power utility, improve its financial position and restore its operational performance.
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Eskom mum on Zethembe Khoza’s alleged resignation
It’s understood that a new board is due to be announced on Saturday afternoon.
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Eskom employees raise concerns over Koko, Govender reinstatements
The employees, in a letter to the board, say they no longer want to keep quiet about corporate governance issues at Eskom.
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Concerns raised over investor reaction to reinstatement of top Eskom execs
Koko was accused of awarding contracts to a company linked to his stepdaughter while Govender faced charges for allegedly playing a role in the Trillian debacle.
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Be careful who you associate with, Brown warns new Eskom board
Public Enterprises Minister Lynne Brown has called a special general meeting at Eskom's Megawatt Park on Friday to officially introduce the new board.
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Eskom's Khoza: Matshela Koko’s hearing is fair and transparent
Eskom says that it is concerned by reports suggesting that the disciplinary hearing of its suspended executive Matshela Koko has collapsed and that the entire process was a farce with a predetermined outcome.
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Eskom pension and provident fund’s rules under spotlight in Parliament
On Friday, the fund’s CEO Sibusiso Luthuli was quizzed by the Portfolio Committee on Public Enterprises about why Molefe secured a R30 million payout.
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‘Eskom had good governance before 2011 board overhaul’
Former Eskom CEO Brian Dames gave evidence in a parliamentary inquiry into allegations of grand corruption at Eskom.
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ANCYL: Dissolve Eskom board & reinstate Johnny Dladla
On Friday, the utility appointed its chief information officer and group executive for information technology Sean Maritz as its interim CEO with immediate effect.
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Another Eskom exec facing suspension
Eskom’s head of legal Suzanne Daniels' report shows damning evidence against several people involved in ensuring Trillian was paid millions.
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Brown: Eskom is on stable financial footing
Eskom has received a qualified audit opinion for the 2016/17 financial year. In that time irregular expenditure ballooned from R106 million to R4 billion.
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Brown: I can't assure independence of new Eskom board
The Public Enterprises Minister says she’s in a process of vetting members who will be appointed to the permanent board.
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Brown to hold special general meeting for Eskom
Lynne Brown confirmed the meeting will start the process of appointing a permanent group CEO for the scandal-plagued parastatal.
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SIU signs agreement to speed up approval of Eskom probe
The SIU says it has already completed an initial probe into corruption allegations but is now waiting on approval from the President to start a full investigation.
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[EXCLUSIVE] Scathing internal Eskom report slams board inaction
EWN can reveal that a report compiled by board spokesperson Khulani Qoma warns Eskom that it oozes corporate arrogance.
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Brown instructs Eskom to submit particular documents regarding Trillian ties
Brown has now given the board until the end of business on Friday, saying she also wants particular documents about the utility’s business with Trillian.
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Lynne Brown expects Eskom to meet Trillian report deadline
The utility’s board met on Wednesday to discuss a plan to deal with those who lied about payments made to Trillian.
