Tegeta exploration and resources
Treasury to release forensic report into Eskom, Transnet soon
Treasury says it's received a draft forensic report on alleged irregularities in the awarding of coal contracts and locomotive procurement.
The power utility has responded to media claims that it is willing to more than double the rate it's paying for coal in an effort to rescue Gupta-owned optimum coal mine.
Eskom says it's not in the business of rescuing financially ailing businesses and merely expects suppliers to abide by their contractual obligations.
The Gupta-owned Optimum coal mine has come under the spotlight in Parliament on Wednesday morning for its failure to pay workers.
In an Amabhungane exclusive, it's been revealed that Tegeta threatened to cut supply because it wants Eskom to increase the amount it pays for coal.
Leaked minutes of an Eskom meeting on Friday revealed that managers were warned that the Hendrina Power Station could be forced to shut down, alternatively use expensive open cycle gas turbines or make peace with load shedding.
Leaked documents have revealed that Tegeta’s threat to cut coal supply came just as Eskom discovered a massive miscalculation that over-estimated the size of Hendrina's strategic coal stockpile.
An amaBhungane exclusive has revealed that Gupta-owned Tegeta has repeatedly failed to deliver enough coal.
Business rescue practitioner Piers Marsden has been giving testimony before the inquiry into state capture probing the sale of Glencore’s Optimum Mine to Tegeta.
National Treasury spokesperson Mayihlome Tshwete says people should stop speculating and leave the department to fulfil its mandate.
The Panama Papers reveal that Ronald Alfred Beau is linked to 11 companies set up in Panama or the British Virgin Islands.
Swiss company records reveal that Charles King SA was created in 2011 in order to manufacture and distribute the fashion brand Charles King Paris.
Earlier this week, the controversial family announced that it had sold ANN7 and The New Age to former government spokesperson Mzwanele Manyi for R450 million.
Treasury says the probe will establish if correct processes were followed when contracts were issued to Gupta-owned Tegeta Exploration and Resources.
This involves Eskom's former CEO Brian Molefe, former acting boss Matshela Koko and CFO Anoj Singh, who was last week placed on special leave.
Eskom's Zethembe Khoza says they looked into Singh's involvement in the Tegeta deal and decided there’s no reason to suspend him.
Eyewitness News takes you inside the exposé by AmaBhungane and Scorpio, Daily Maverick’s new investigative unit, on the latest #GuptaLeaks
An amaBhungane and Scorpio exposé reveals the extent to which Matshela Koko - once tipped to become Eskom boss - appears to have been captured by the Guptas.
Former SIU member Jason Jordaan explains how the Special Investigating Unit works.