In The News South Africa

Eskom accepts Matshela Koko’s resignation; reserves rights to institute legal action

JOHANNESBURG, February 16 – The Organisation Undoing Tax Abuse (Outa) has welcomed the departure of Eskom group executive for generation, Matshela Koko, and called on the power utility to ensure that he is prosecuted. “Matshela Koko is a technical delinquent who is beyond redemption as he is unable to acknowledge his own mistakes. This man […]

In The News South Africa

Power utility Eskom executive Koko submits resignation letter

JOHANNESBURG, February 16 – The Democratic Alliance (DA) has welcomed the news that suspended Eskom group executive for power generation, Matshela Koko, has submitted a resignation letter to the power utility on Friday morning. DA spokesperson on energy Natasha Mazzone said that Koko has been one of the key figures implicated in the capture of Eskom and he […]

Business Lead South Africa

Numsa condemns Eskom decision to re-instate Matshela Koko, threatens legal steps

JOHANNESBURG, January 6 – The National Union of Metalworkers of South Africa (Numsa) has condemns the decision by the Eskom board to re-instate former acting CEO Matshela Koko and acting head of group capital Prish Govender to their positions, and threatened legal action over the “seemingly bogus disciplinary process”. Koko was disciplined for nepotism and […]

In The News South Africa

Appointment of new Eskom CEO a priority – Minister Brown

JOHANNESBURG, December 15 – Public Enterprises minister Lynne Brown said on Friday that the process of appointing a new permanent group chief executive for power utility Eskom was “a priority” and that the finalization of the investigation into suspended executives was of “paramount importance”. This comes as news emerged early on Friday that suspended acting chief […]

In The News South Africa

Eskom’s acting chairman wrongfooted in testimony to parliamentary probe

PARLIAMENT, December 6 – Current acting Eskom chairman Zethembe Khoza on Tuesday made the surprising claim before the parliamentary inquiry into the power utility that former CEO Tshediso Matona was suspended to face charges, directly contradicting earlier testimony by board members that he was not suspected of any wrongdoing. Khoza also failed to explain why […]

In The News South Africa

Koko disciplinary hearing ‘fair and transparent’ – Eskom

JOHANNESBURG, November 29 – Stung by criticism, Eskom on Wednesday issued a statement declaring that it’s disciplinary hearing of its suspended group executive, Matshela Koko, was being conducted in “a fair, professional, and transparent manner”. The power utility said it “has noted with great concern” some media reports that had suggested that the disciplinary hearing […]