On the spot: Eskom's top three drop Gupta bombshells

Utility’s chairman, acting CE and finance head downplay influence of notorious family on contractual decisions, though not all three are on same page, write Carol Paton and Charlotte Matthews

Eskom professes financial stability

The upbeat assessment contradicts Malusi Gigaba’s statement on the power utility

Companies / Energy
Eskom financial chief Singh admits Eskom backed Tegeta

Eskom previously denied assisting the Gupta family with the transaction

Companies / Energy
Eskom accounts show R3bn in irregular expenditure

Revenue rose 8% but profit plunged at the scandal-plagued power utility

Companies / Energy
WATCH: Eskom releases its financial results

Companies / Energy
Lynne Brown fires up two more probes into Eskom

Minister says Special Investigating Unit and new board of directors are examining allegations of maladministration and corruption

Companies / Energy
Cosatu and ministry butt heads over dirt at Eskom

The Department of Public Enterprises dismisses calls by Cosatu to dissolve the power utility's board

Companies / Energy
Germany aims for 80% of its energy from renewables within 35 years

Germany has cut its greenhouse gas emissions 27% from 1990’s levels but the rate of decline has flattened as it has been slow to phase out coal-fired ...

Companies / Energy
It could be more than R40m cheaper to fix your oil rig in SA rather than Spain

The maritime oil and gas industry — rig repair‚ ship repair and vessel fabrication — created more than 7,00 direct jobs and 6,000 indirect ...

Companies / Energy
Vitol drops plan to acquire Gupta firm’s coal terminal stake

The world’s largest independent oil trader dumps deal to purchase a stake in Richards Bay Coal Terminal

Companies / Energy
Probe news knocks Nigerian oil and gas giant Oando

Foreign investors are reported to have filed a petition with the US’s SEC relating to shareholding structure

Companies / Energy
IN DEPTH: Results to show graft-hit Eskom is sliding as Brown keeps dithering

The public enterprises minister failed to act on recommendation of disciplinary action against former acting CE Koko and promoted ‘inadequate’ Khoza

Companies / Energy
BL PREMIUM
Sikonathi Mantshantsha Deputy editor: Financial Mail
How far Eskom has fallen from grace

The power utility has plummeted from above sovereign to junk and below on global ratings agencies’ scales, including Moody’s

Companies / Energy
Sikonathi Mantshantsha Deputy editor: Financial Mail
Eskom sneaks major contracts to Impulse despite probe

The company partly owned by suspended CEO Matshela Koko’s stepdaughter receives contracts while being investigated

Companies / Energy
Sikonathi Mantshantsha Deputy editor: Financial Mail
Eskom ‘pulls a fast one’ with Impulse

The company partly owned by suspended CEO Matshela Koko’s stepdaughter receives contracts while being investigated

Companies / Energy
BL PREMIUM
'Broke' allegations inaccurate, says Eskom ahead of results announcement

The power utility is due to release its financial statements on Wednesday

Companies / Energy
Broke Eskom to splash on bonuses for Brian Molefe, Matshela Koko

The parastatal is down to its last R20bn and could find itself unable to pay November salaries

Companies / Energy
Government will deepen support for Eskom but ‘won’t break budget ceiling’

The heavily indebted power utility will get state help in Finance Minister Malusi Gigaba’s 14-point plant to revive the country’s economy

Companies / Energy
The Eskom man behind the Guptas' R2bn discount

How Eskom insider and former board member, Mark Pamensky, helped to broker the Guptas' Optimum deal

Companies / Energy
Investors rattled by the claims of graft at Eskom

Utility meets with New York bondholders, Citibank involvement points to possibility of impaired debt covenants

Companies / Energy
Sikonathi Mantshantsha Deputy editor: Financial Mail

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