Acting CEO of Eskom, Johnny Dladla was removed from his post on Friday as part of the power utility’s plan to rotate current executives in the role until it is filled permanently. Dladla, who has occupied the role of Interim Group Chief Executive...
Eskom is another of South Africa’s state-owned enterprises that had its outlook dropped from stable to negative last week. International ratings agency Fitch affirmed Eskom’s triple-B credit rating despite the negative outlook. This was similar to...
The Economic Freedom Fighters (EFF) described the resignation of Brian Molefe as Eskom chief executive as a step towards cleansing the state-owned power utility, calling him a “Gupta appointee” for good measure, Africa News Agency reported. The...
Transnet on Monday announced the termination of its relationship with Gupta-linked Trillian and Regiments Capital. The company indicated that it had also set aside R20 billion for future acquisitions as part of its plan to expand its services...
The National Assembly is scheduled to host yet another no confidence in President Jacob Zuma which will take place on Thursday. The Democratic Alliance approached National Assembly Speaker Baleka Mbete in a letter written by the party’s chief whip,...
Eskom held a media briefing on Friday in which it addressed its implication in former public protector, Thuli Madonsela’s State of Capture report. The report, released late on Wednesday afternoon, exposes the controversial relationship...
Public Protector Thuli Madonsela has found evidence of widespread maladministration and impropriety in the awarding of tenders worth R2.8bn at the Passenger Rail Agency of SA (Prasa). In her report entitled “Derailed”, which was...
Public Protector Thuli Madonsela has found widespread evidence of maladministration, improper conduct, and nepotism at the Passenger Rail Agency of South Africa. Here is a list of 10 of the 32 complaints Madonsela investigated and which she found...
The Passenger Rail Agency of South Africa (PRASA) says it notes and welcomes the conclusion and release of the much anticipated Public Protector’s Report into the managerial affairs of PRASA. “PRASA will be studying the contents of this report over...
