State Owned Enterprises
Ailing power utility Eskom has had 11 chief executive officers in the past 14 years. André de Ruyter was released as CEO by the Eskom board on 22 February.
Former Eskom CEO Andre de Ruyter claimed that the power utility loses over R1 billion a month to corruption during an explosive television interview recently.
André de Ruyter has been released as the CEO of SA's struggling power utility, Eskom, after the board decided De Ruyter would not have to serve out his notice.
Ronald Lamola said that the ANC's cadre deployment policy will continue to be implemented at SA's state-owned enterprises because the policy worked in the past.
As the embattled power utility Eskom looks for a New CEO, EFF deputy president Floyd Shivambu has suggested that ex-Eskom CEO Brian Molefe fill the position.
Transnet Freight Rail (TFR) employees were paid twice for the month of January. The company believes that the issue occurred while it was switching banks.
The Minister of Finance Enoch Godongwana is assured that loadshedding will come to an end in the next 12-18 months. The minister says government has a plan.
Ailing power utility Eskom and the SA government may face legal action if they fail to do something about worsening loadshedding by Friday, 20 January 2023.
The Economic Freedom Fighters has welcomed the ANC government's decision to move ailing power utility, Eskom, to the Department of Mineral Resources and Energy.