Eskom may be losing hundreds of millions of rand every month despite having a forensic report that could help stop the losses, AfriForum alleged in a statement on Tuesday.
Forensic report cites non-adherence in procurement and contract management. Board chair vows recovery of every rand and ...
Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Andre de Ruyter, the former chief executive officer of state-owned power utility Eskom Holdings SOC Ltd. who said ...
A mark-up of over 11,000%. This is the percentage increase that Siyabonga Nkosi allegedly charged Eskom for relays with a market price of R450 each ballooning to R50,000 per unit.
(Bloomberg) -- The former head of South Africa’s state power utility said he probably underestimated the amount of money that’s being stolen from the company when he put it at 1 billion rand ($55 ...
Johannesburg sits atop the world's largest gold basin, yet decades of political corruption and mismanagement have left ...
Eskom outlines first key actions arising from interim investigation report into diesel procurement and storage contract; ...
Andre de Ruyter, the former chief executive officer of state-owned power utility Eskom Holdings SOC Ltd. who said the organization was riddled with corruption, has agreed to appear before the South ...