Business In The News South Africa

Brown receives outstanding information on Eskom’s relationship with Gupta-linked Trillian

CAPE TOWN, September 20 – Public Enterprises Minister Lynne Brown has received answers from Eskom to outstanding questions about its relationship with Trillian, a Gupta-linked company, her office said on Wednesday. “Minister Brown last night received Eskom’s responses to her queries. She noted  progress and Eskom will soon announce more details,” her office said. Last […]

In The News South Africa

Defence confident about possible exoneration in Yende murder case

JOHANNESBURG, September 18 – The defence in the case against David Ngwenya who allegedly murdered Eskom employee Thembisile Yende said on Monday that new evidence could exonerate him in the matter. During proceedings at the Springs Magistrates Court, Zola Majavu told the court that new evidence was awaited which could exonerate Ngwenya from the matter and another […]

Business In The News South Africa

Eskom reschedules electricity interruptions to three Eastern Cape municipalities

JOHANNESBURG, September 13 – Eskom on Wednesday announced that it was rescheduling electricity interruptions to three Eastern Cape municipalities. The power utility said it had planned interruptions of electricity supplies to struggling municipalities that include Raymond Mhlaba, Walter Sisulu and Inxuba Yethemba. Eskom wants to recover monies it is owed by municipalities that have not paid their […]

Business In The News South Africa

SMEs big winners at Eskom business investment competition

JOHANNESBURG, August 31 – REBA Chemicals, the Johannesburg-based company, has emerged the overall national winner of the 2017 Business Investment Competition (BIC). Selected by a panel of adjudicators Reba Chemicals’ innovation and business acumen ensured they stood out from 1 202 applications received for this year’s competition. The business, which was created to replace imported […]

In The News South Africa

Eskom board meets, disciplinary processes against four senior executives continue

CAPE TOWN, August 30 – The Eskom board met on Tuesday, to deliberate on progress in various investigations and disciplinary processes, including disciplinary processes against four senior executives, the power utility said. “Eskom Board met today and deliberated on progress in regard to the various investigations and disciplinary processes underway. The “Technical Review” matter will attract […]

Business In The News South Africa

NUM women’s structure to march to Chamber of Mines, Eskom and Safcec

JOHANNESBURG, August 24–  The National Union of Mineworkers’ (NUM) Women Structure will embark on a national march to the Chamber of Mines, Eskom and South African Federation of Civil Engineering Contractors (Safcec) on Saturday. The NUM Women Structure on Thursday said it will hand over a memorandum of grievances related to transformation and women empowerment at […]

Business In The News South Africa

ConCourt clears path for Eskom to hike tariffs in Nelson Mandela Bay Metro

JOHANNESBURG, August 23 – Eskom has been given the green light to make future applications for electricity price adjustments against a number of private companies within the Nelson Mandela Bay Metropolitan Municipality in relation to the third multi-year price determination (MYPD3) methodology.   This comes after the Constitutional Court on Tuesday dismissed an application by Borbet SA and others […]