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Outa lays corruption charges against former Eskom board director 

By: African News Agency      15th August 2017 The Organisation Undoing Tax Abuse (Outa) has laid a criminal complaint with the police against former Eskom director, Mark Pamensky. Outa chief operating officer Ben Theron on Tuesday said the charges related to Pamensky’s conduct while at Eskom and a business ”linked to the Gupta business empire.” 

AfriBusiness supports renewable energy  

By: Anine Kilian     4th August 2017 Business rights watchdog AfriBusiness this week said it supports the stance of Cape Town Mayor Patricia de Lille on renewable energy and welcomes possible court action against State-owned Eskom. This court action is being considered as a result of the refusal by Eskom and the national government... 

New association aims to support emerging truck operators

By: Ilan Solomons     4th August 2017 The newly launched Emerging Truckers Association of South Africa (Tasa) aims to assist in meaningfully transforming the local truck and freight industry, with a long-term view of ensuring work for women and black truck owners and operators. This is according to Tasa convener Mary Phadi, who was... 

SPEED DATING

     4th August 2017 Finance Minister Malusi Gigaba checks his watch as Organisation for Economic Cooperation and Development (OECD) secretary-general Angel Gurría readies to depart the National Treasury, in Pretoria, for his next engagement. Gurría had earlier handed over the OECD’s fifth and latest survey of South... 

Leading power firms showcase new technologies to Africa

     3rd August 2017 75 international exhibitors and over 2,800 delegates converged at the Sandton Convention Centre for the fifth annual POWER-GEN & DistribuTECH Africa in July, to explore power solutions and discuss strategies and technologies for power sector growth on the continent. With the urgent need for... 

Brown sacks personal assistant over Gupta links

By: African News Agency      2nd August 2017 Public Enterprises Minister Lynne Brown on Wednesday asked her personal assistant Kim Davids to resign after details of her ties to the controversial Gupta family emerged. ”This past week I have been confronted by allegations against Ms Davids. In the interest of fairness, I asked Ms Davids to... 

Eskom CFO Anoj Singh placed on special leave

By: African News Agency      28th July 2017 Eskom’s chief financial officer Anoj Singh was placed on special leave on Thursday, amid mounting allegations of improper financial dealings by the power utility with companies in the Gupta business empire, “The Board of Directors of Eskom has taken a decision to grant Chief Financial Officer, Mr... 

State capture is about ‘stealing State resources’ – Gordhan  

By: Sane Dhlamini     27th July 2017 Former Finance Minister Pravin Gordhan said on Wednesday that State capture was about “stealing State resources” and that it was a no-go area for him and his former deputy Mcebisi Jonas. Gordhan and Jonas both addressed a seminar organised by the University of Johannesburg, on State capture,... 

Minister Brown says ‘Gupta freebie’ allegations against officials must be probed

By: African News Agency      26th July 2017 Public Enterprises Minister Lynne Brown says she is fully behind investigations by the Directorate for Priority Crime Investigation (Hawks) into allegations of corruption levelled against officials in her department.  Brown’s personal assistant, Kim Davids, this week became the latest official to... 

New association launched to support emerging truck operators 

By: Ilan Solomons     21st July 2017 The newly launched Emerging Truckers Association of South Africa (Tasa) aims to assist in meaningfully transforming the local truck and freight industry, with a long-term view of ensuring work for women and black truck owners and operators. This is according to Tasa convener Mary Phadi, who was... 

Hold my hand, you silly girl

By: Terry Mackenzie-hoy     21st July 2017 On the November 26, 2011, I wrote: "After a recent tour, Public Enterprises Minister Malusi Gigaba has said the December 2013 deadline for the Medupi power station, in Lephalale, Limpopo, to start delivering power still stands. 'I have no intention of allowing any delays to the target of December... 

State capture casts long shadow over Eskom’s results  

By: Terence Creamer     19th July 2017 South Africa’s worst kept corporate secret was confirmed on Wednesday, when Eskom reported a sharp fall in after-tax profits to R888-million in 2017, from over R5-billion in the previous financial year. However, the results were overshadowed by serious allegations of corruption and... 

Brown acknowledges cost competitiveness of renewables as she calls for deal that goes ‘beyond price’ 

By: Terence Creamer     18th July 2017 Public Enterprises Minister Lynne Brown, who in June criticised the high cost of renewable energy, offered a tacit acknowledgement on Tuesday of the growing competitiveness of solar and wind, while calling for a long-term deal with the renewable-energy sector to avoid job losses in the energy... 

Visions of African super grid at POWER-GEN & DistribuTECH Africa

     18th July 2017 Urging faster, more innovative power generation and distribution, pan-African power experts attending POWER-GEN & DistribuTECH Africa this week predict that Africa could share infrastructure, knowledge and skills to take affordable, reliable and cleaner power across the continent. Speaking at the... 

Minister orders deep dive Eskom probe

     18th July 2017 The Minister of Public Enterprises, Lynne Brown, has ordered a ‘deep dive’ independent investigation into Eskom’s affairs over for the past ten years, as well as several short-term investigations by the new Eskom interim board. Opening the POWER-GEN & DistribuTECH Africa power sector stakeholder... 

Eskom showcases turnaround technologies at POWER-GEN & DistribuTECH Africa 2017

     17th July 2017 Eskom is set to showcase its advanced technologies and operating models at Africa’s premier power sector conference and expo in Sandton this week. As the host utility at POWER-GEN & DistribuTECH Africa, Eskom will lead sessions for pan-African power sector stakeholders, illustrating how its new... 

Gigaba tables economy action plan, reopens mining charter engagement 

By: Natasha Odendaal     13th July 2017 Finance Minister Malusi Gigaba on Thursday unveiled a series of aggressive planned interventions and action steps to stimulate economic recovery after South Africa’s fall into recession in the first quarter. His address revealed two main desired outcomes – dodge another downgrade and reignite... 

Finalisation of ‘lowest cost’ IRP included in growth action plan 

By: Terence Creamer     13th July 2017 The finalisation of the “lowest cost” Integrated Resource Plan (IRP) for electricity has been included in a list of energy-related interventions unveiled by Finance Minister Malusi Gigaba as part of ‘Government’s Inclusive Growth Action Plan’ published on Thursday. Likewise, the National Treasury... 

Eskom has over recovered R7.6bn in renewables-related costs since 2014 

By: Terence Creamer     7th July 2017 The affordability of South Africa’s growing fleet of renewable energy plants has been questioned on several occasions by Eskom and Public Enterprises Minister Lynne Brown also weighed in recently, telling Parliamentarians in late June that, while electricity arising from the renewables plants was... 

Eskom board confident of turnaround

By: African News Agency      6th July 2017 Eskom’s newly-reconstituted board on Thursday expressed its support on the strides made by executive management in turning around the company’s operational and financial performance, as well as the overall strategy of sustaining this momentum. This comes after a two-day board induction session... 

Labour Court postpones Molefe hearing pending outcome of high court case

By: African News Agency      4th July 2017 The Labour Court on Tuesday postponed the hearing of Brian Molefe’s challenge to his dismissal as Eskom CEO, pending the outcome of the high court application by the opposition for his re-appointment to be ruled invalid and set aside. The Labour Court in its ruling rejected Molefe’s contention... 

Business should stay out of governing – Zwane on Mining Charter 

By: News24Wire      4th July 2017 Mineral Resources Minister Mosebenzi Zwane has defended the new Mining Charter. Speaking to the media on the sidelines of the ANC's National Policy Conference in Johannesburg, Zwane said "business should do business" and leave governing and legislative decision-making to government. 

Eskom acting CE to focus on governance, ethics

By: Megan van Wyngaardt     29th June 2017 Eskom acting CEO Johnny Dladla is prioritising meeting with critical stakeholders, including employees, to share and get support for the company’s operational plans going forward. “Together with my executive management team, we will put special focus on corporate governance and ethics going... 

Companies Tribunal dismisses Dudu Myeni’s application with costs

By: African News Agency      29th June 2017 South African Airways (SAA) chairperson Dudu Myeni’s application to have a compliance notice against her, issued by the Companies and Intellectual Properties Commission, set aside was dismissed with costs by the Companies Tribunal on Thursday. “The respondent [Companies and Intellectual Property... 

If Koko returns, it won’t be as acting CEO, Brown avers, as she unveils interim board

By: Terence Creamer     23rd June 2017 Public Enterprises Minister Lynne Brown has called on the new interim leadership of embattled power utility Eskom to give priority attention to addressing the management of contracts, conflicts of interest and the quality of coal being supplied to its power stations. Speaking following the Eskom... 

Brown beefs up Eskom leadership with new board appointments

By: African News Agency      23rd June 2017   Public Enterprises Minister, Lynne Brown, on Friday announced the appointment of four new interim non-executive directors of Eskom in a bid to beef up the board of the embattled power utility. 

MPs to include State capture in Molefe probe

By: African News Agency      21st June 2017 Parliament’s portfolio committee on public enterprises on Wednesday resolved to devote August to an in-depth probe of the circumstances surrounding Brian Molefe’s re-appointment to the helm of Eskom, including allegations of the Gupta family’s hold on the power utility. “The committee agrees that... 

Sarec disappointed by govt task team’s report to Parliament on renewables impasse

By: Megan van Wyngaardt     21st June 2017 The South African Renewable Energy Council (Sarec) said the Department of Energy (DoE) and Eskom had failed to provide any certainty for renewables investors when reporting to Parliament, on Tuesday. An intergovernmental task team, comprising representatives of the DoE, the Independent Power... 

Brown accused of exaggerating renewable energy prices 

By: African News Agency      20th June 2017 Public Enterprises Minister Lynne Brown and the Department of Energy were accused on Tuesday of exaggerating the price of renewable energy to win public support for Eskom’s contested nuclear expansion programme. Brown told Parliament’s portfolio committee on energy the actual current cost of... 

No word yet on interim Eskom CEO as Ngubane resigns as chair

By: Creamer Media Reporter      13th June 2017 Public Enterprises Minister Lynne Brown has announced that Dr Ben Ngubane has resigned as nonexecutive director and chairperson of the Eskom board with immediate effect. “Dr Ngubane formally tendered his resignation, which I accepted,” Brown said in a statement released late on Monday night. 

The enhanced interface between the mining and manufacturing sector remains a key facilitator for the re-industrialisation of South Africa

By: Creamer Media Reporter      12th June 2017 South Africa remains one of the most geologically blessed regions in the world and re-industrialisation is critical to the growth of the economy and increased employment. South Africa has renewed its commitment to industrialisation and the manufacturing industry is a key catalyst in the equation.... 

Denel purchase of aero engine company approved with conditions

By: Keith Campbell     9th June 2017 South Africa’s Competition Commission has recommended that State-owned defence and aerospace group Denel be allowed to buy local aero-engine company Turbomeca Africa (TMA). The recommendation was given to the Competition Tribunal. The Commission announced this decision on late last month.  

Brown studying Molefe’s legal challenge to dismissal as Eskom boss

By: African News Agency      5th June 2017 Public Enterprises Minister Lynne Brown is studying court documents filed by Brian Molefe to challenge his dismissal as CEO of Eskom, her office said on Monday. “We have received Mr Molefe’s documents. Minister’s Brown’s legal team is studying it,” her spokesperson Colin Cruywagen said. 

Molefe holding Eskom to ransom, says Sanco 

By: African News Agency      5th June 2017 The South African National Civic Organisation (Sanco) on Monday decried Brian Molefe’s labour court action to challenge his removal as Eskom CEO as an attempt to hold the power utility to ransom. Molefe, who was fired as Eskom CEO last week, on Sunday indicated his intention to take his former... 

Molefe to challenge sacking in court

By: News24Wire      5th June 2017 The former head of South Africa's power utility Eskom has approached the courts to overturn his sacking, local media reported on Sunday. Eskom was told to remove chief executive Brian Molefe last week after members of the ruling African National Congress (ANC) criticised his reinstatement just... 

Solidarity, NUM welcome Molefe’s dismissal

By: Anine Kilian     1st June 2017 Solidarity and the National Union of Mineworkers (NUM) on Thursday welcomed Public Enterprises Minister Lynne Brown’s decision to rescind the reappointment of Brian Molefe as CEO of Eskom. The NUM said it was concerned about a lack of stability in Eskom's leadership and called on the Minister to... 

Molefe removed as Eskom CEO, board might go too 

By: African News Agency      31st May 2017 Government on Wednesday ordered that Brian Molefe’s return to the helm of Eskom be rescinded and conceded that it had inflicted reputational harm on the country and the power utility. Public Enterprises Minister Lynne Brown told a media briefing she had met with the Eskom board and instructed it... 

Scopa welcomes SIU investigation into Eskom coal deals

By: Ilan Solomons     30th May 2017 The Standing Committee on Public Accounts (Scopa) has welcomed the decision by Public Enterprises Minister Lynne Brown to refer Eskom’s procurement contracts, including those signed with the Gupta family-linked Tegeta Resources, to the Special Investigating Unit (SIU) for investigation. The SIU... 

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