Gupta-owned Oakbay Resources suspended from JSE

The company has been granted a request for a voluntary, temporary suspension due to ‘significant uncertainty’ about its ability to meet its future obligations

Eskom refuses request for information on Optimum fine

AfriBusiness filed an application under the Promotion of Access to Information Act, seeking information on a settlement Eskom says is confidential

Companies / Energy
Lynne Brown axes Chwayita Mabude from Eskom board

Mabude was also removed from the Acsa board and then reinstated after President Jacob Zuma’s Cabinet reshuffle

Companies / Energy
Respected Eskom insider gets the top job on eve of meeting

Dladla takes the helm on the eve of the AGM, where Public Enterprises Minister Lynne Brown is expected to remove the board

Companies / Energy
Oakbay warned over JSE listing

The Gupta company’s sponsor and transfer secretary have tendered their resignations

Companies / Energy
Ann Crotty Writer-at-large
Lynne Brown’s chance to bring order to Eskom playground

The board Brown will announce on Thursday will have the uphill task of stabilising the management team

Companies / Energy
Name of acting Eskom CEO likely to be announced on Friday

Almost a month ago, Public Enterprises Minister Lynne Brown said she would name a new acting CEO within 48 hours of Brian Molefe’s departure

Companies / Energy
Outa outraged by Necsa chairman’s pronouncement on nuclear time frame

Nuclear Energy Corporation of SA chairman Kelvin Kemm told a conference in Moscow new nuclear power stations would be a done deal by end-2017, Outa says

Companies / Energy
Storm may brew in rooibos probe

The dominant player in the rooibos tea market could face class action by other local processors

Companies / Energy
Ann Crotty Writer-at-large
Eskom seeks balance-sheet aid from the Treasury

The application is just one of many applications for support from state-owned entities

Companies / Energy
Why Dana Gas declared its own sharia-compliant bonds unlawful

The Middle Eastern gas producer has baffled investors by turning its back on two Islamic bonds worth $700m

Companies / Energy
Lynne Brown does about-face over Brian Molefe

Knives come out as Brown stops short of calling the former Eskom CE a liar and argues Molefe’s reappointment was unlawful to begin with

Companies / Energy
Natasha Marrian Political editor: Business Day
Moody’s downgrades Eskom

The rating agency cut the embattled utility’s credit rating to the second rung of junk status

Companies / Energy
Oil and gas industry lobbies for lower state-carried interest

The proposed 20% state-carried interest will drive up gas prices, charges South African Oil and Gas Alliance

Companies / Energy
I resigned for personal reasons, says Ben Ngubane

Former Eskom board chairman says he is not running away from links to the Gupta family or a parliamentary inquiry into the power utility

Companies / Energy
Ngubane is not off the hook by resigning

An ANC study group says the Eskom chairman’s resignation is simply a way to avoid accountability and is thus ‘suspect’

Companies / Energy
Ben Ngubane quits as Eskom chairman

Lynne Brown appoints Zethembe Khoza as acting chairman until Cabinet's approval of the new board

Companies / Energy
Bidvest Tanks seals storage facility deal

Bidvest Tank Terminals’s R1bn is a significant investment in SA when business confidence is weak

Companies / Energy
Sasol ramping up output at Shondoni coal mine

The significant investment shows Sasol’s commitment to long-term growth in SA’s economy

Companies / Energy
Four board members quit PetroSA

The latest exits at the ailing petroleum fuel parastatal follow chairman Luvo Makasi’s demand the board resigns

Companies / Energy

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Investors Monthly is a magazine published by Times Media, Media Division included in the Financial Mail on the last Thursday of the month.