Eskom
A Daily Maverick probe has uncovered that R11.3-million in cash deposits into Palcocap (Pty) Ltd's account were made at ATMs near properties and workplaces of former Eskom and Transnet CEO Brian Molefe. The deposits, totaling 706 transactions from November 2013 to July 2018, made up 93% of the company's earnings. The findings raise questions about the origins of the funds amid Molefe's past links to the Gupta family.
Imeripotiwa na AI
A new report highlights the urgent need for structured actions to advance South Africa’s shift from Eskom’s monopoly to a competitive electricity market. Released by the South Africa Electricity Traders Association and produced by Krutham, the document outlines ten key steps amid easing load shedding. It stresses the importance of execution to secure investment and energy security.