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Eskom
The Zondo commission of inquiry on Wednesday suffered another delay engineered by a key witness as counsel for former Eskom chief financial officer Anoj Singh pleaded that he was not ready to testify and needed time to prepare a comprehensive affidavit for submission. Advocate Annalien van den Heever argued that the commission had failed to...
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The government’s partners at the National Economic Development and Labour Council (Nedlac) have signed a social-compact agreement to turn around the country’s debt-ridden power utility, Eskom.  The social compact was signed at the Nedlac’s 25th annual national summit. The event’s theme was: “Social compacting for economic recovery in the time of Covid-19: pointers to the...
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The South African power grid is still unstable, and will be for some time. That reality means the economy will struggle to rebuild after the effects of Covid-19. This instability has spread to Eskom’s administration, which is stuck in a vicious fight between its board, chief executive André De Ruyter and the treasury. At the...
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