Eskom corruption

Collection by Lynne Goswell • Last updated 4 weeks ago

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Lynne Goswell
Eskom is expected to deliver worse than expected financial results with the power utility a major risk to South Africa’s fiscal targets. Financial Position, No Worries, South Africa, Finance, Sayings, Logos, Africans, News, Connection

Eskom has 16,000 staff too many, but they are untouchable

Eskom spokesperson Sikonathi Mantshantsha acknowledged that the power utility has a bloated workforce, but said they cannot do anything about it.

Brian Molefe deflects — but accusations of Gupta infl... Critical Period, Jacob Zuma, Top Reads, Mining Company, Accusations, Former President, Denial, Crime, Presidents

DAYS OF ZONDO: Brian Molefe deflects — but accusations of Gupta influence remain

In his two days at the State Capture Commission, Brian Molefe described himself as an exemplary leader who was maligned for taking on Glencore and Cyril Ramaphosa. He intimated there was no smoking gun over allegations that he benefited his friends, the Guptas, but evidence shows that the Guptas benefited handsomely from his time at Eskom.

How an inattentive Eskom board allowed Guptas to buy a... Loan Application, Chief Justice, Coal Mining, Weekend Is Over, The Borrowers, Money, Board, Stuff To Buy, Silver

DAYS OF ZONDO: How an inattentive Eskom board allowed Guptas to buy a mine using taxpayers’ money

How the Eskom board managed to allow the state utility to pay the Guptas R2.1bn so they could buy the Optimum Coal Mine, was the central focus of almost two days of evidence at the State Capture commission as three board members and a fuel supply manager were grilled on Tuesday and Wednesday.

Mokonyane 'gifted' R3m Aston Martin on her 50th birthday, state capture inquiry hears | News24 50th Party, 50th Birthday, Sitting Arrangement, Chief Justice, Broken Leg, Birthday Dinners, Aston Martin, Affair, Coaching

Mokonyane 'gifted' R3m Aston Martin on her 50th birthday, state capture inquiry hears | News24

Mokonyane 'gifted' R3m Aston Martin on her 50th birthday, state capture inquiry hears | News24

A new research report “Eskom – Winter is coming” says the real reason for power outages in South Africa is not what Eskom is telling you, and the worst is yet to come. The Day Will Come, Yet To Come, Solar Energy, Solar Power, Staff Morale, Survival Shelter, Research Report, Water Storage, Homestead Survival

The real reason for load-shedding – And it’s not what Eskom is telling you

A new research report “Eskom – Winter is coming” says the real reason for power outages in South Africa is not what Eskom is telling you, and the worst is yet to come.

It was not only former Eskom CEO Brian Molefe who unlawfully participated in and profited from an Eskom Pension and Provident Fund membership. Other people in power were also given access to employment perks they were not entitled to. It is costing current contributors their capital and leaving pensioners poorer in payouts. It is a problem far from being solved. Pension Plan, Pension Fund, Retirement Benefits, Employee Benefit, Chief Financial Officer, Financial Statement, Early Retirement, People, Folk

BUSINESS MAVERICK EXCLUSIVE: Brian Molefe’s Eskom Retirement Fund saga is just the Tip of an Iceberg

It was not only former Eskom CEO Brian Molefe who unlawfully participated in and profited from an Eskom Pension and Provident Fund membership. Other people in power were also given access to employment perks they were not entitled to. It is costing current contributors their capital and leaving pensioners poorer in payouts. It is a problem far from being solved.

It was not only former Eskom CEO Brian Molefe who unlawfully participated in and profited from an Eskom Pension and Provident Fund membership. Other people in power were also given access to employment perks they were not entitled to. It is costing current contributors their capital and leaving pensioners poorer in payouts. It is a problem far from being solved. Pension Plan, Pension Fund, Retirement Benefits, Employee Benefit, Chief Financial Officer, Financial Statement, Early Retirement, People, Folk

BUSINESS MAVERICK EXCLUSIVE: Brian Molefe’s Eskom Retirement Fund saga is just the Tip of an Iceberg

It was not only former Eskom CEO Brian Molefe who unlawfully participated in and profited from an Eskom Pension and Provident Fund membership. Other people in power were also given access to employment perks they were not entitled to. It is costing current contributors their capital and leaving pensioners poorer in payouts. It is a problem far from being solved.

How senior Eskom manager Danie Odendaal’s brother bagged contracts worth over Sunday Newspaper, City Press, Word Board, Business Pages, Family Affair, Investigations, Politics, Digital, Words

City Press Newspaper - Get your Digital Subscription.

How senior Eskom manager Danie Odendaal’s brother bagged contracts worth over R2bn | City Press

Eskom paid R1.8bn to McKinsey and Trillian for terminat... Company Secretary, Consulting Companies

DAYS OF ZONDO: Eskom paid R1.8bn to McKinsey and Trillian for termination of a contract that did not exist

Eskom whistle-blower Suzanne Daniels returned to testify before the Commission of Inquiry into State Capture yesterday with evidence centred on the R1.8bn payout to McKinsey and Trillian despite the state utility having no contract with the consulting companies.

State capture inquiry chair Raymond Zondo said it was “troubling” that a whole board of 12 members was so incompetent that it would allow such a costly lapse in oversight. Latest Business News, Coal Mining, Shed, Around The Worlds, In This Moment, Sayings, Zimbabwe, Daughter, Chair

Zondo 'troubled' by Eskom board that mistakenly approved R1.6bn for Gupta company

State capture inquiry chair Raymond Zondo said it was “troubling” that a whole board of 12 members was so incompetent that it would allow such a costly lapse in oversight.

An official from the auditor-general's office says it was 'actually very difficult to get credible answers' to how the costs went from R160m to R840m. Contract Management, Construction Worker, Flats, Live, Loafers & Slip Ons, Ballerinas, Apartments

Eskom spent R840m on flats for staff, but no-one can live in them

An official from the auditor-general's office says it was 'actually very difficult to get credible answers' to how the costs went from R160m to R840m.

  To My Daughter, How To Become, Lettering, Open Letter, South Africa, Management, Life, Drawing Letters, Brush Lettering

Eskom whistle-blower writes explosive letter to CEO André de Ruyter

Former Trillian Management Consulting CEO Bianca Goodson has written an explosive open letter to Eskom CEO André de Ruyter about life after revealing corruption.

  To My Daughter, How To Become, Lettering, Open Letter, South Africa, Management, Life, Drawing Letters, Brush Lettering

Eskom whistle-blower writes explosive letter to CEO André de Ruyter

Former Trillian Management Consulting CEO Bianca Goodson has written an explosive open letter to Eskom CEO André de Ruyter about life after revealing corruption.

Police looking for ex-SABC chair Ellen Tshabalala Accounting Firms, Senior Management, Service Awards, The Big Four, Professional Services, Scandal, Police, Chair, Corona

In the wake of Eskom scandal, two Deloitte directors resign | Fin24

While the world is focused on the coronavirus pandemic, Deloitte has been making major changes to senior management.

South Africa’s debt-stricken power utility Eskom Holdings SOC Ltd. has begun a process to offer managers voluntary severance packages. Economic Justice, Debt, South Africa, Management, Breien

South Africa: Eskom Starts Process to Offer Managers Voluntary Exit Deals

South Africa’s debt-stricken power utility Eskom Holdings SOC Ltd. has begun a process to offer managers voluntary severance packages.

Thousands of Eskom staff could leave their jobs in favour of a cash settlement, as the energy firm fights tooth and nail to trim its bloated workforce. Energy Providers, Energy Crisis, Leaving A Job, Old Quotes, Has Gone, Allegedly, San Francisco Skyline, New York Skyline, Old Things

Eskom will allegedly pay employees R400 million 'to leave their jobs'

Thousands of Eskom staff could leave their jobs in favour of a cash settlement, as the energy firm fights tooth and nail to trim its bloated workforce.