Eskom has failed to take “effective and appropriate steps” to halt bad spending amounting to billions, an auditor told MPs on Wednesday.

An audit of Eskom’s finances in 2020/2021 shows ongoing shortcomings in tackling fruitless and wasteful expenditure and irregular spending, said Siyakhula Vilakazi, director of SNG Grant Thornton...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now