Tag Archives | Eskom

Eskom to overspend by more than R52 billion on power contracts

A report submitted to the Parliament Appropriations Committee by the Office of the Central Procurement Officer has revealed that Eskom will overspend by R 52,2 billion or 48,5% on the Medupi and Kusile power stations. The split between the two power stations is: Kusile power station               R 26,2 billion (45,3%) overspend. Medupi power station            R…

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DA to request declaratory statement from Eskom on coal crisis

The DA will write to the Eskom board to request a declaratory statement on the state of the power utility’s current coal supply which is reportedly sitting below 2008 levels. Reports emerged this week that Eskom’s coal supply levels at several power stations in Mpumalanga are so dire that the utility’s energy division recommended that…

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DA welcomes dismissal of Brian Molefe “golden handshake” appeal

The DA welcomes the dismissal of former Eskom CEO, Brian Molefe’s, appeal against the ruling in January 2018 that he pay back the part of theR11 million pension pay-out he had already received. It was clear to the DA that Mr Molefe’s preposterous application had no chance of success and the court was entirely correct…

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DA cautiously welcomes SIU corruption probe

The DA welcomes President Cyril Ramaphosa’s decision to order the Special Investigation Unit (SIU) to investigate corruption at Transnet and Eskom. This investigation is long overdue given the damning evidence that has surfaced regarding corruption and financial mismanagement at these two entities, linked to politically connected individuals. The DA is firmly committed to rooting out…

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Eskom Inquiry to approach Courts to force Guptas, Myeni to testify

Parliament’s Public Enterprises Committee, in a closed meeting today, have resolved to launch an application for an edictal citation with the High Court in order to force the Gupta brothers, Dudu Myeni and Duduzane Zuma to testify before the Eskom Inquiry. The DA welcomes this decision by the Committee. It makes it clear that we…

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SAP internal probe findings do not absolve them from wrongdoing

The DA welcomes that the global software giant, SAP’s, internal investigation has found possible breaches in compliance practices and “indications of misconduct” pertaining to business contracts which involved the Guptas, Eskom and Transnet. SAP has admitted that, although it did not pay monies to government officials or employees at state-owned entities, it had paid Gupta-linked intermediary companies over R90 million….

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Public Protector finds Lynne Brown guilty of misleading Parliament

Following a complaint by the DA, the Public Protector has found Public Enterprises Minister Lynne Brown guilty of misleading Parliament, when she failed to disclose if there had been any contracts of engagement between Eskom and Gupta-linked, Trillian. The report has now given President Cyril Ramaphosa 14 days to take action against the Minister after…

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