Former Eskom execs, contractors see R1.4bn in assets seized
The order comes after curator Trevor Hill did an inventory of all the affected assets which have been restrained pending the outcome of the criminal trial.
The order comes after curator Trevor Hill did an inventory of all the affected assets which have been restrained pending the outcome of the criminal trial.
While going through Eskom’s latest financial results, what concerned Chris Yelland was the cost and time overruns at the Medupi and Kusile power stations.
Eskom board chairman Zola Tsotsi has not been removed, the power utility said on Wednesday.
Eskom has terminated its C&I contract with Alstom and reinstated it with ABB South Africa. Facing setback after setback, Eskom needs to take a step in the right direction for the sake of the South African economy. Chris Yelland discusses the current situation.