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Picture: EWN.

Tegeta exploration and resources

Treasury to release forensic report into Eskom, Transnet soon

By Barry Bateman

Treasury says it's received a draft forensic report on alleged irregularities in the awarding of coal contracts and locomotive procurement.

  • FILE: Eskom spokesperson Khulu Phasiwe. Picture: Louise McAuliffe/EWN

    'Eskom is not in the business of rescuing other businesses'

    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.

    1485 days ago
  • Picture: EWN

    Eskom denies claims of willing to pay double for coal to save Gupta mine

    Eskom says it's not in the business of rescuing financially ailing businesses and merely expects suppliers to abide by their contractual obligations.

    1485 days ago
  • George van der Merwe, chief operating officer at the Optimum Mine receives a memorandum of demands from workers at the mine on 22 February 2018. Picture: Pelane Phakgadi/EWN

    Optimum coal mine management fails to appear before Parly committee

    The Gupta-owned Optimum coal mine has come under the spotlight in Parliament on Wednesday morning for its failure to pay workers.

    1545 days ago
  • FILE: Eskom's Hendrina power station in Mpumalanga. Picture: eskom.co.za

    Eskom's Hendrina plant still not getting adequate coal from Gupta-owned Tegeta

    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.

    1635 days ago
  • FILE: Eskom's Hendrina power station in Mpumalanga. Picture: eskom.co.za

    Eskom: No reason to panic over load shedding

    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.

    1636 days ago
  • FILE: Atul Gupta. Picture: AFP

    Tegeta threatens Eskom coal supply as load shedding risk looms

    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.

    1636 days ago
  • FILE: Eskom's Hendrina power station in Mpumalanga. Picture: eskom.co.za

    Eskom could close Hendrina power station over coal supply

    An amaBhungane exclusive has revealed that Gupta-owned Tegeta has repeatedly failed to deliver enough coal.

    1636 days ago
  • FILE: Atul Gupta. Picture: AFP

    Eskom paid Tegeta over R500m to help buy Optimum mine, Parly committee hears

    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.

    1664 days ago
  • FILE: Finance Minister Malusi Gigaba. Picture: Christa Eybers/EWN.

    Treasury appeals for space to do its work amid parallel admin reports

    National Treasury spokesperson Mayihlome Tshwete says people should stop speculating and leave the department to fulfil its mandate.

    1695 days ago
  • FILE: A screengrab of the International Consortium of Investigative Journalists website where it unpacks the details of the 'Panama Papers'.

    Director of Charles King SA flagged in Panama Papers

    The Panama Papers reveal that Ronald Alfred Beau is linked to 11 companies set up in Panama or the British Virgin Islands.

    1734 days ago
  • A screengrab of the business details of Charles King SA.

    Questions raised over new Tegeta owner

    Swiss company records reveal that Charles King SA was created in 2011 in order to manufacture and distribute the fashion brand Charles King Paris.

    1735 days ago
  • Picture: Supplied

    Gupta-owned Oakbay confirms sale of Tegeta business

    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.

    1735 days ago
  • FILE: Finance Minister Malusi Gigaba. Picture: Christa Eybers/EWN.

    Treasury forensic investigation into Tegeta to answer questions on Eskom deal

    Treasury says the probe will establish if correct processes were followed when contracts were issued to Gupta-owned Tegeta Exploration and Resources.

    1753 days ago
  • FILE: Former Eskom CEO Brian Molefe. Picture: Reinart Toerien/EWN

    Treasury still to detail scope of probe into Eskom officials

    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.

    1758 days ago
  • FILE: Anoj Singh, Eskom CFO. Picture: Kgothatso Mogale/EWN

    Eskom CFO Anoj Singh cleared in Tegeta deal despite link to Guptas

    Eskom's Zethembe Khoza says they looked into Singh's involvement in the Tegeta deal and decided there’s no reason to suspend him.

    1769 days ago
  • FILE: Former South African President Jacob Zuma arrives for the formal opening of Parliament in Cape Town on 12 February 2015. Picture: AFP.

    What you need to know about the latest #GuptaLeaks

    Eyewitness News takes you inside the exposé by AmaBhungane and Scorpio, Daily Maverick’s new investigative unit, on the latest #GuptaLeaks

    1817 days ago
  • Matshela Koko. Picture: eskom.co.za

    [REVEALED] Guptas pushed Eskom for R1.68bn prepayment

    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.

    1818 days ago
  • FILE: Public Enterprises Minister Lynne Brown. Picture: Thomas Holder/EWN.

    [LISTEN] Why didn't Lynne Brown refer Eskom, Tegeta matter to Hawks?

    Former SIU member Jason Jordaan explains how the Special Investigating Unit works.

    1818 days ago
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