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Khoza to continue as Eskom chair

By: Anine Kilian     8th December 2017 Zethembe Khoza will continue in his position as chairperson of State-owned power utility Eskom until the 2018 annual general meeting, according to Public Enterprises Minister Lynne Brown, who announced the State-owned power utility’s new board on Friday. The new board – comprising Khoza, Dr Pat... 

Brown to reveal new Eskom board late on Friday

By: News24Wire      8th December 2017 Public Enterprises Minister Lynne Brown will reveal Eskom's new board on Friday. Brown's spokesperson Colin Cruywagen said that the long-awaited announcement would be made by end of business on Friday. 

New Eskom board to be announced on Friday

By: African News Agency      7th December 2017 The new board of South Africa's State-owned power utility Eskom will be announced on Friday, an official from the department of public enterprises said on Thursday. The names were discussed in Wednesday's cabinet meeting, but Public Enterprises Minister Lynne Brown's spokesperson Colin Cruywagen... 

Eskom administrator tells inquiry he insisted Brown be informed of Molefe's retirement package

By: African News Agency      5th December 2017 Eskom administrator Anton Minnaar on Tuesday told the parliamentary inquiry into Eskom that he insisted Public Enterprises Minister Lynne Brown be informed of the plans to grant former CEO Brian Molefe early retirement shortly after he left the company. "I knew there is risk in this whole thing,... 

Lynne Brown says she will not resign

By: African News Agency      30th November 2017 Public Enterprises Minister Lynne Brown on Thursday dismissed calls for her resignation, saying that South African State-owned companies were in a better position since she took over in 2014. Brown, who twice missed a session to answer questions in the National Assembly - once because she was... 

Molefe's R30m pension was unlawful, must pay back – DA

By: African News Agency      29th November 2017 South Africa's official opposition, the Democratic Alliance (DA) on Wednesday told the High Court in Pretoria that the R30.1-million pension granted to former Eskom CEO Brian Molefe was unlawful. "He told the whole nation and the minister [Public Enterprises ... Minister Lynne Brown] that he was... 

Eskom inquiry cancelled for this week

By: Reuters     27th November 2017 Parliament announced on Monday that the inquiry into the mismanagement of funds at state power utility Eskom will not sit this week. In a statement, Parliament said the Portfolio Committee on Public Enterprises will not meet this week to conduct its inquiry on Eskom into the mismanagement of... 

Support Ramaphosa and we will not see a downgrade – Gordhan

By: News24Wire      24th November 2017 Former Finance Minister Pravin Gordhan on Thursday endorsed Deputy President Cyril Ramaphosa, saying he should be given a chance to implement his "New Deal" proposal. "If we support Ramaphosa I can guarantee you we will not see a downgrade," said Gordhan. 

Ramaphosa urges law enforcement to probe State capture without delay

By: African News Agency      16th November 2017 Deputy President Cyril Ramaphosa on Thursday said South Africa's law enforcement agencies should waste no time in investigating mounting allegations of state capture at the country's parastatals. "The agencies need to pursue all these allegations with equal vigour... it is something the public as... 

Brown blocked Koko’s suspension, witness tells Eskom probe

By: African News Agency      14th November 2017 Public Enterprises Minister Lynne Brown took instructions from the Gupta brothers and ordered the Eskom board not to suspend Matshela Koko as CEO of the power utility, a witness on Tuesday told the parliamentary inquiry into the company. Khulani Qoma, the now suspended spokesperson for the Eskom... 

Eskom admits liquidity is ‘not at desired levels’

By: Terence Creamer     13th November 2017 State-owned electricity producer Eskom acknowledged on Monday that its liquidity levels were “not at the desired levels” and indicated that securing the balance of its funding requirement for the current financial year would depend on addressing pressing governance and leadership issues.... 

Deputy Minister says he did not attend ‘tea party’ with Gupta brother

By: African News Agency      9th November 2017 Deputy Public Enterprises Minister Ben Martins has rubbished claims by power utility Eskom’s suspended head of legal Suzanne Daniels that he had attended a meeting with Ajay Gupta, Duduzane Zuma and Salim Essa in Johannesburg in Melrose Arch this year. “As the head of Eskom’s legal department, Ms... 

Transnet, Wits launch support centre for local SMMEs

By: Anine Kilian     6th November 2017 In partnership with the University of the Witwatersrand (Wits), State-owned rail utility Transnet on Monday launched the R62-million Matlafatšo Centre, which aims to assist aspiring entrepreneurs and small, medium-sized and microenterprises (SMMEs) to explore and test their products before... 

Minister Lynne Brown urges SA cooperation in defence industry with Pakistan

By: African News Agency      3rd November 2017 Public enterprises minister Lynne Brown has on Thursday, urged the South African government to come up with a concrete plan to explore areas of cooperation in the defense industry with Pakistan. South African Defence Minister, Nosiviwe Mapisa-Nqakula, signed a Memorandum of Understanding (MoU) on... 

Brown appoints executives at Denel, Safcol and Alexkor

By: Creamer Media Reporter      26th October 2017 Public Enterprises Minister Lynne Brown has appointed Zwelakhe Ntshepe group CEO of Denel. He joined Denel 21 years ago and most recently served as acting group CEO. 

Evidence of blatant corruption at Eskom unpacked at Parliament’s inquiry into State capture

By: Kim Cloete     17th October 2017 Parliament’s Portfolio Committee on Public Enterprises has kicked off its inquiry into alleged State capture with a report revealing “overwhelming evidence of grand corruption”, governance failure and a stream of irregularities at Eskom, South Africa’s largest State-owned entity. Research... 

Key witnesses in State capture inquiry will need to face the music, warns parliamentary committee chair

By: Kim Cloete     17th October 2017 Parliament’s Portfolio Committee on Public Enterprises has started its keenly awaited inquiry into allegations of State capture, with a warning that key witnesses will not be allowed to shy away from appearing before Parliament. “We have a right to subpoena a witness if we think that witness has... 

DA to report minister Brown to public protector and ethics committee over Eskom contract

By: African News Agency      16th October 2017 The Democratic Alliance (DA) will ask Public Protector Busisiwe Mkhwebane to investigate Public Enterprises Minister Lynne Brown for any role she played in awarding lucrative oil contracts worth R1.2-million from Eskom “to her lover and close business associate” despite their lack of expertise in... 

Eskom facing threats on multiple fronts, Maritz acknowledges

By: Terence Creamer     12th October 2017 Eskom’s newest interim group CEO Sean Maritz has acknowledged that the utility is facing threats on multiple fronts in light of rapid changes to the global electricity landscape and the constrained outlook for domestic electricity sales. However, in a statement calling for “space and time to... 

Black Business Council says Eskom CEO musical chairs doesn’t inspire confidence 

By: African News Agency      9th October 2017 The Black Business Council (BBC) said on Monday that it was concerned by the sudden change of leadership at State-owned power utility Eskom, saying that government must give the enterprise some space and not meddle in its affairs. This comes after Eskom last week appointed its chief information... 

Brown has received report from Eskom on Trillian

By: African News Agency      4th October 2017 Public Enterprises Minister Lynne Brown on Wednesday told MPs she had received a report from Eskom about its dealings with Trillian and McKinsey which she demanded after it emerged that the power utility had lied to Parliament, but made plain that she will not act against the leadership of... 

McKinsey told Eskom of transparency risk at Trillian Capital

By: Bloomberg     3rd October 2017 Eskom Holdings continued to pay Trillian Capital Partners even after McKinsey & Co warned the South African State power company that it had concerns over transparency at the project development partner. Letters written in March 2016 by McKinsey to Eric Wood, the chief executive officer of... 

Eskom CFO Anoj Singh officially suspended

By: News24Wire      29th September 2017 Eskom has suspended Anoj Singh, chief financial officer, pending a disciplinary hearing, the power utility said in a statement on Friday. Singh was placed on special leave at the end of July by Eskom's board of directors until an investigation into his conduct had been concluded. His exit... 

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

By: African News Agency      20th September 2017 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... 

Brown not satisfied with Eskom’s Trillian report, wants more details

By: African News Agency      8th September 2017 Public Enterprises Minister Lynne Brown’s office on Friday said she has studied the report provided to her by Eskom to clarify its relationship with Trillian, a Gupta-linked company, but wanted more information from the power utility. According to sources, Eskom’s report contained several gaps,... 

Brown extends Eskom deadline, demands more info

By: News24Wire      1st September 2017 Public Enterprises Minister Lynne Brown has extended the 48-hour deadline given to Eskom on Tuesday. She has asked the state utility to provide more information regarding payments and business relations related to the Gupta-linked Trillian firm. 

Brown urges recapitalisation of SA Express amid questions over waste

By: African News Agency      30th August 2017 South African Express CEO Victor Xaba was forced to concede on Wednesday that the loss-making airline did not take firm enough action on irregular spending, after Public Enterprises Minister Lynne Brown reiterated that it needed a cash injection from the State. “Let’s say in all fairness not... 

Brown tells Eskom to come clean on Trillian in two days

By: African News Agency      29th August 2017 Public Enterprises Minister Lynne Brown on Tuesday, gave Eskom a 48-hour deadline to heed her instruction to clarify its relationship with Trillian, her spokesman said. “In June, Minister Brown requested Eskom’s board to clarify issues relating to its Trillian relationship. Following further... 

Outa lays charges against Singh

By: Natasha Odendaal     29th August 2017 The Organisation Undoing Tax Abuse (Outa) has taken legal aim at State-owned power utility Eskom’s suspended CFO Anoj Singh following revelations that the power utility had allegedly lied about some of the payments made to Gupta-linked firm Trillian. Outa COO Ben Theron on Tuesday said charges of... 

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... 

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... 

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... 

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... 

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