The Commission of Inquiry into State Capture will on Wednesday morning continue to hear evidence related to Eskom when the power utility’s former Board member Venete Klein testifies. Get tubed….Take a moment to reflect……Take action…. Eskom board was misled in prepayment of R1.6bn to Optimum, Zondo hears. Dr Pulane Molokwane 7. According to Pat Naidoo, Venete Klein and Viroshini Naidoo — all Eskom board members in December 2015 — the R1.68bn prepayment approval was meant for Glencore-owned Optimum Coal Mine (OCM), not Tegeta. ‘Eskom board members, do the country a favour and resign’: Numsa By TIMESLIVE - 16 January 2020 Prof Malegapuru Makgoba was named Eskom's interim chair on Wednesday. Prof Tshepo Mongalo 6. According to former Eskom chairperson Zola Tsotsi, he was given instructions by ‘Mr Fix It’ Nick Linell and ex-SAA chairperson Dudu Myeni on how he should suspend four Eskom executives, including group CEO Tshediso Matona, Chief Financial Officer (CFO) Tsholofelo Molefe, group capital head Dan Marokane and Matshela Koko, who was head of technology. 12. Professor. 11. Ms Sindi Mabaso-Koyana The transition was accomplished smoothly and the conversion, including the creation of new Board committees and the induction of Board members, was carried out efficiently. The South African Government has announced a number of measures to strengthen governance at Eskom, including the appointment of new board members and stabilising management at the energy parastatal. Ms Sindi Mabaso-Koyana 4. Ms Jacky Molisane. Mr Sifiso Dabengwa Tavcor opens remote doors in Jeffreys Bay, Sawyer, Cooke take Peoples triathlon titles in St Francis Bay, Municipal worker strike to continue today, 5 000 Eastern Cape health workers will be without jobs at the end of this month. Further, the board is directed to appoint a permanent Group Chief Executive and Group Chief Financial Officer within the next three months. This  will result in an average percentage…, As Eskom flounders with no real plan in place to prevent loss of capacity, the reality of Stage 6 loadshedding…, Eskom said on Friday that Lesotho and Swaziland, with which it has firm power supply agreements, should lower consumption to…, Despite the joy over the past few day’s that the battle to stop Eskom from building a nuclear power plant…, Eskom is R450bn in debt and 33% over-staffed (according to Jabu Mabuza, recently resigned chairperson of the Eskom board). The company has been facing several challenges, including a weak financial position, declining revenues and governance failures, which are threatening the sustainability of the company going forward. Will the Arms Deal look tame in comparison? The conversion of Eskom provided an ideal opportunity to review Eskom's existing governance structures and to design a more effective and streamlined decision-making process. 5. Dr Rod Crompton Eskom Board Member Says South Africa at Risk of Power Outages By . WATCH: Eskom back in the spotlight at state capture inquiry Venete Klein will continue her testimony from Tuesday. and . Note of thanks The Minister also thanked the other Board members for steering Eskom through this difficult environment and ensuring that the company is stable and continue supporting the South African economy. The new board will consist of: 4. Mr Jabu Mabuza as Chairperson New Eskom Board of Directors announced by Ramaphosa 1. Mr Mark Lamberti 5. Eskom is critical to the South African economy. Eskom has been in a leadership crisis after several board members, including the chairman and chief executive, resigned in 2017 amid growing concerns about governance at … 9. Two former Eskom board members are expected to be in the hot seat at the Commission of Inquiry into State Capture in Johannesburg on Wednesday. A former Eskom board member has rejected claims by the power utility’s erstwhile acting chief executive Matshela Koko that she tried to organise business … SACCI added: “At this time the board has an opportunity not to compromise on a suitable candidate with competence, experience, and a performance track-record and leadership capabilities. Johannesburg – A former Eskom board member has rejected claims by the power utility’s erstwhile acting chief executive Matshela Koko that she tried to organise business for her husband. Felix Njini. Paul Burkhardt. In September last year, Klein explained to the Commission why the Board decided to pay out millions of rands to part ways with Eskom executives who were suspended in 2015. Suzanne Daniels, the former head of legal and compliance at Eskom has told Judge Ray Zondo that Eskom approved a pre-payment of R1,8bn to Optimum coal mine. In 2011 eight out of ten Eskom board members were controversially sacked by the Zuma administration. Mr Jabu Mabuza as Chairperson 2. Dr Rod Crompton 10. They…, Eskom announced a R 20.7 billion net loss after tax for the financial year ended 31 March 2019. Board of Directors. A number of former Eskom board members can expect to be served with summons in the coming weeks as the parastatal seeks to claw back cash spent on their legal fees, some of it … Government has recommended the appointment of Mr Phakamani Hadebe as the Acting Group Chief Executive with immediate effect. The EPPF is governed by a Board of Trustees, elected every four years and are responsible for the efficient running of the EPPF. Tsotsi, who concluded his testimony on Wednesday, alleged that Ngubane forced him to … Molefe and Ngubane's tenure was controversial for their involvement with the Gupta family and for allegedly allowing the company to become a vehicle for state capture. 13. Ms Busisiwe Mavuso Application for an Electricity Generation License, Directions to the Eskom Academy of Learning (EAL), Safety, Health, Environment and Quality Policy (Poster), Safety, Health, Environment & Quality Policy (.pdf document), 10th Eskom contractor academy graduation ceremony, Business Entrepreneurship and Franchise Expo, Eskom rewards outstanding small businesses at the 2014 Business Investment Competition, Eskom bags prestigious Sunday Times Top Brands Award, South African Human Rights Commission honours Eskom for openness and responsiveness, Guide to requesting information from Eskom, Repurposing of appliances and why it is dangerous, Ancilliary Services - Technical Requirements, Grid Access Unit (Independent Power Producers), Small Scale Embedded Generation (SSEG) connection, Submit your meter readings via the MyEskom Customer App, Submit your meter reading via Customer Service Online, Eskom’s Critical Peak Pricing tariff - pilot phase 2, Pricing Related Information for Generators, Eskom Smart Prepaid Split Meters Programme, Government - Central Suppliers Database (CSD). Former board chair Ben Ngubane and board member Venete Klein have been implicated in forcing another former board chair Zola Tsotsi out of the organisation. Ms Busisiwe Mavuso 8. Brian Molefe was appointed by Zuma as Eskom CEO from April 2015 to November 2016. The Board and Management must take strides, within its control, to address the internal control deficiencies and the finalisation of Eskom’s own internal investigations. Prof Malegapuru Makgoba 7. The day-to-day management of the … 8. Ex-Eskom board members testify at Zondo Commission - YouTube This loss…, The DA has “noted with contempt” the one-man propaganda mission being undertaken by Mathshela Koko, Eskom’s Group Executive for Generation,…, The Public Participation Process is incomplete, there are serious flaws with the Impact Studies, yet South Africa seems to be…, 20 June is International Day of Surfing (IDS) and if ever a sport is worthy of such a day,…, New Eskom Board of Directors announced by Ramaphosa, Its time for Eskom to the restructured or privatised, We need the power but we dont need a Nuke at Thyspunt, 10 hour load shedding per day looming for South Africa, Eskom urges Lesotho, Swaziland to use less power, Thyspunt still the preferred site for a Nuclear Power Plant. 2. “As a result, government has decided on the following immediate measures to strengthen governance and management. Dr Banothile Makhubela. 10. As a key enabler of economic growth and social transformation, any further deterioration of Eskom’s financial and operational conditions could have a severe impact on the country. Dr Banothile Makhubela This follows a meeting of President Jacob Zuma, Deputy President Cyril Ramaphosa, Public Enterprises Minister Lynne Brown and Minister of Finance Malusi Gigaba on Friday 19 January 2018 to address urgent challenges at the company. You may be trying to access this site from a secured browser on the server. Please enable scripts and reload this page. Prof Tshepo Mongalo Eskom board member Sifiso Dabengwa resigned from the embattled parastatal because he disagreed with his colleagues over the cancellation of a tender. Johannesburg – A former Eskom board member has rejected claims by the power utility’s erstwhile acting chief executive Matshela Koko that she tried to organise business for her husband. Prof Malegapuru Makgoba Dr Pulane Molokwane. Have a jol. 3. Board member Zethembe Khoza was also made interim chairperson last week and Eskom veteran Johnny Dladla was appointed acting CEO on Thursday. Eskom posts R 20.7 billion loss for the 2018/19 financial year. Mr Sifiso Dabengwa 3. The Eskom board is in the process of identifying a suitable candidate to fill up the position of Group CEO. Mr George Sebulela Ex-Eskom board members testify at Zondo Commission Wednesday 10 February 2021 - 10:02am The Commission will continue to hear Eskom related evidence. Klein was giving evidence at the state capture commission on Thursday. 1. 6. The board is directed to immediately remove all Eskom executives who are facing allegations of serious corruption and other acts of impropriety, including Mr Matshela Koko and Mr Anoj Singh. Deputy Chief Justice Raymond Zondo was surprised when former Eskom board member Mark Pamensky admitted attending the controversial multi-million rand … Three former board members will testify at the commission on Wednesday. Ms Nelisiwe Magubane This intervention will be ratified by Cabinet at its next meeting. “We call on all board members to do the country a favour and resign.” Hlubi-Majola said what was needed to turn things around at Eskom was the appointment of a board with generation and engineering backgrounds. Ms Nelisiwe Magubane 9. “As long as we keep doing the same thing‚ and hope for a different result‚ unfortunately it is not going to change anything. Eskom board members approved the prepayment through a round-robin process on 9 December 2015. Eskom board member Sifiso Dabengwa resigned from the embattled parastatal because he disagreed with his colleagues over the cancellation of a tender. Mr Mark Lamberti The payment was reviewed by all board members and signed off by then group CEO Matshela Koko and CFO Anoj Singh, both executives believed to have worked closely with the Guptas. The Eskom board that December approved the repurchase of coal agreement as … Amendment to company information. Dr Rod Crompton. Former Eskom board member Venete Klein has implied that the cash-strapped power utility paying R18m to three executives - sent packing having done nothing wrong - was not a big deal. Ngubane also controversially attempted to blacklist ne… Mr George Sebulela 11. From 2015 to 2017 the Zuma administration appointed Ben Ngubane as chairperson of the board. Former Eskom board member Venete Klein has implied that the cash-strapped power utility paying R18m to three executives - sent packing having done nothing wrong - … This is the first step towards restoring confidence in the company, improving its financial position and restoring its operational performance,” said Deputy President Cyril Ramaphosa. Eskom board members did not have confidence in Zola Tsotsi, inquiry told . Eskom is seeking a 15 % price increase in electricity over the next three years and South Africans simply cannot…, The benefits of generating power from nuclear energy are outweighed by the negative influences that a power station will cause…, The Democratic Alliance has demanded that Minister Malusi Gigaba appear before Parliament and outline his strategy on how he intends…, Eskom says electricity supply for the first part of this week should be sufficient enough to avoid load shedding after…, In Germany it was found that all types of cancer as well as leukaemia occurred significantly more frequently in the…, It has been revealed in Parliament that municipalities and metros across South Africa owe Eskom R162,8 million in outstanding…, NERSA has approved Eskom’s allowable revenue of R 190.348 bn for the 2018/19 financial year.