State Owned Enterprises
Sowetans are not happy with Eskom and took their grievances to the power utilities front door and protested at Megawatt Park over the continuous blackouts.
Minister Pravin Gordhan revealed that taxpayers' money will no longer go towards rescuing embattled state-owned entity SAA while addressing Scopa and BRPs.
Eskom had paid Trillion, a Gupta linked company, R30.6 million despite no actual contract existing between the companies according to Ex Eskom CFO Anoj Singh.
Eskom will need around R1 billion a week in order to remain operational throughout 2021 according to a presentation before SCOPA in Parliament on Wednesday.
Eskom has announced that the power utility will be increasing tariffs by 16% as it attempts to recover a staggering R10 billion from South African consumers.
Eskom has announced that it has reduced its workforce by 2 000 employees in an attempt to reduce its bloated salary bill amid the power utility's financial woes
Eskom has announced that Stage 3 load shedding will be implemented nationwide as of Wednesday afternoon with a high likelihood that it will continue on Thursday
Dudu Myeni has submitted an application to overturn an order which declared her a delinquent director for life and has resigned from all her board positions.
Eskom has been given the green light by Nersa to recover another R6 billion from consumers in South Africa in addition to charging citizens who use alternatives
State Owned Enterprises
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