pravin gordhan

  1. Hanno Labuschagne

    Gordhan denies interfering in Eskom CEO appointment

    Gordhan denies interfering in Eskom CEO appointment Public enterprises minister Pravin Gordhan has hit back at accusations of interference in the process to appoint a new CEO, stating the reported reasons for his rejection of the Eskom board's proposed candidate were lies. Gordhan provided...
  2. Hanno Labuschagne

    Eskom board clashes with Gordhan over CEO selection

    Eskom board clashes with Gordhan over CEO selection The protracted search for Eskom Holdings SOC Ltd.’s new chief executive officer has raised tensions between the South African government minister that oversees the state utility and its board, according to people familiar with the matter...
  3. Hanno Labuschagne

    Transnet disaster

    Transnet disaster South Africa pledged to end the underperformance of its state-owned port and rail operator that’s crimped mining companies’ profits. Transnet SOC Ltd. on Friday reported a R5.7 billion rand loss for the year ending 31 March 2023, compared with a R5 billion profit in 2022...
  4. Jan

    Eskom sold off 4,169 assets with a book value of R269 million for R463 million in five years - Gordhan

    Eskom pockets R463 million after selling off land, buildings, and equipment Eskom has sold R269 million worth of its assets over the past five years, including 494 buildings and other facilities and R119.6 million worth of laboratory, transport, and workshop equipment. However, the proceeds...
  5. Jan

    Fidelity responds to R500 million Eskom security contract allegations

    Fidelity weighs in on R500 million Eskom security contract allegations Fidelity Services Group CEO Wahl Bartmann has confirmed that the company was awarded a three-month emergency contract with Eskom to provide comprehensive security services for the beleaguered power utility. Bartmann was...
  6. Jan

    Gordhan says everyone was stealing from Eskom, not just the ANC

    Eskom not just the ANC's feeding trough — everyone is milking it dry Public enterprises minister Pravin Gordhan acknowledged that members of the African National Congress (ANC), his political party, have been complicit in the corruption and sabotage at Eskom that has plagued the power utility...
  7. Jan

    Gordhan rips into De Ruyter, calls him a "know-all" dodging accountability for failure

    Gordhan slams De Ruyter as "know-all" with "pitiful" excuses Public enterprises minister Pravin Gordhan has lambasted former Eskom CEO André de Ruyter over his excuses for failing to improve power station performance, reduce load-shedding, and tackle corruption at the utility. Gordhan was...
  8. Jan

    Gordhan refuses to say that Mabuza and Mantashe were accused of corruption at Eskom

    Pravin Gordhan refuses to name senior politicians accused of Eskom corruption Public enterprises minister Pravin Gordhan has refused to reveal the names of senior politicians allegedly orchestrating the mass looting of Eskom that former Eskom CEO André de Ruyter provided him with. Gordhan was...
  9. Jan

    Gordhan's department to appeal High Court ruling ordering load-shedding exemptions

    Pravin Gordhan will appeal load-shedding exemption court order South African public enterprises minister Pravin Gordhan said his department would appeal a court ruling that government hospitals, state schools and police buildings be exempted from power cuts. The department has “serious...
  10. Jan

    ANC gets permission to serve legal papers on De Ruyter in Germany

    ANC going after De Ruyter in Germany The ANC has been granted the right to serve André de Ruyter with legal papers in Germany, where the former Eskom CEO is believed to be staying. The North Gauteng High Court in Pretoria granted the ANC an edictal citation — legal permission to serve court...
  11. Jan

    Retired Eskom COO Jan Oberholzer remains at Eskom in new role

    Former Eskom COO Jan Oberholzer staying at Eskom Former Eskom chief operating officer Jan Oberholzer will remain at the utility in a new role to oversee projects aimed at pulling South Africa out of a power crisis which is set to worsen as winter arrives and demand for electricity increases...
  12. Hanno Labuschagne

    Electricity minister has no powers to tackle load-shedding

    Electricity minister has no powers to tackle load-shedding South African President Cyril Ramaphosa is facing increasing pressure to hand powers to his new electricity minister and enable him to make decisions to stave off more intense blackouts as peak winter demand looms. Two months after...
  13. Jan

    South African Minister heads to China to resolve rail impasse

    Gordhan visiting China to handle train delivery mess South African Public Enterprises Minister Pravin Gordhan will travel to China in April to discuss an impasse that’s blocked the delivery of locomotives and spare parts. Gordhan will meet his Chinese counterpart to discuss the failure by a...
  14. Jan

    Eskom's turnaround plan for load-shedding is failing

    Eskom's load-shedding turnaround plan is failing On 22 January 2023, Eskom chair Mpho Makwana said they had embarked on a turnaround journey to improve plant performance and reduce load-shedding. This turnaround plan is failing. When the new Eskom board was appointed, Public Enterprises...
  15. Hanno Labuschagne

    Gordhan is the minister that De Ruyter told about ANC politicians involved in coal theft — Report

    Gordhan is the minister that De Ruyter told about ANC politicians involved in coal theft — Report Former Eskom CEO André De Ruyter informed public enterprises minister Pravin Gordhan about the suspected involvement of two cabinet members in a crime that has crippled the utility. That is...
  16. Hanno Labuschagne

    Gordhan slams De Ruyter as green globetrotter

    Gordhan slams De Ruyter as green globetrotter The South African minister who oversees state power utility Eskom Holdings SOC Ltd. accused its former chief executive officer Andre de Ruyter of spending too much time promoting a transition to green energy and paying inadequate attention to fixing...
  17. Jan

    André de Ruyter attacked by ANC and Eskom board

    ANC and Eskom board attack André de Ruyter Former Eskom CEO André de Ruyter faced vicious attacks following an interview where he exposed ANC corruption at the power utility and revealed embarrassing behind-the-scenes information. In the interview, De Ruyter said the power utility is a feeding...
  18. Jan

    A R254 billion bailout for Eskom leaves South African power crisis unresolved

    Even a R254-billion Eskom bailout can't fix load-shedding this year A 254 billion-rand ($14 billion) state bailout for South Africa’s cash-strapped power utility will help steady its finances, but won’t immediately improve its operations or alleviate an electricity shortfall that’s crippling...
  19. Hanno Labuschagne

    Ramaphosa defends decision to appoint electricity minister

    Ramaphosa defends decision to appoint electricity minister South African President Cyril Ramaphosa defended his plans to appoint a minister of electricity in his office and denied that the move will result in a turf war with other members of his cabinet who help oversee energy provision...
  20. Hanno Labuschagne

    ANC exempting itself from blame for load-shedding

    ANC exempting itself from blame for load-shedding Senior members of South Africa’s ruling African National Congress blamed a range of factors outside their control for an electricity crisis that one major ally said is likely to cost the party victory in next year’s elections. Energy minister...
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