First day at the death spiral for new Eskom CEO
Eskom’s new CEO Andre de Ruyter has begun his tenure, faced with a major challenge of how to address the company’s debt load and power outs.
Eskom
Hawks arrest ANC MP over Eskom probe allegations
South Africa’s Hawks police squad has arrested a former minister Bongani Bongo, and MP from the ruling African National Congress (ANC) party, over alleged improprieties at the Eskom power utility.
Engen’s IPO plans amid South African pressure
Plans are afoot for an initial public offering (IPO) of South Africa’s Engen, which might provide a rare bright spot in the country’s institutional outlook.