Business In The News South Africa

Eskom’s Medupi Unit 5 achieves Commercial Operation ahead of schedule

OHANNESBURG, April 3 – Eskom, on Monday said they were pleased to announce that Unit 5 at its Medupi Power Station Project in Lephalale, Limpopo, has attained Commercial Operation status. The unit was officially declared commercial after the completion of control performance and the 72-hour reliability tests, putting all performance guarantees to effect. ” Unit […]

In The News South Africa

Sanco wants public protector to probe Eskom acting CEO

JOHANNESBURG – The public protector should investigate allegations of corruption against acting Eskom CEO Matshela Koko, the South African National Civic Organisation (Sanco) said on Sunday. This follows a newspaper report alleging that Koko’s stepdaughter had scored contracts worth R1 billion for her company from the parastatal. “Public confidence in state institutions is eroded by […]

In The News South Africa

PPF slams ‘racist DA’ over sponsorship accusations

The Progressive Professionals Forum (PPF) came out strongly on Thursday condemning “with contempt”, accusations by the Democratic Alliance (DA) that former Eskom CEO Brian Molefe was funding a “dirty war” against National Treasury by sponsoring PPF events. The DA had said the fact that Eskom had sponsored R440,000 towards the activities of PPF meant the state-owned […]