Brian Molefe holding the minister and Eskom to ransom - Chris Yelland

EE Publishing and energy expert Chris Yelland spoke to John Maytham and expressed his shock at the reappointment of Brian Molefe to the position of Eskom CEO.

How can it be that the board offers him R30 million...as a pension fund payout.

Chris Yelland, EE Publisher

It was apparently not a resignation, but an early retirement.

Taking Molefe back so as not to pay out the R30 million is not good governance, says Yelland. It is holding the board and the minister and Eskom to ransom. he adds.

Take a listen to Chris Yelland's view:

Labour lawyer Michael Bagraim says he almost fell off his chair when he heard Molefe was returning to Eskom. Molefe is only 50 years old and had been in the fund for 18 months and Bagraim says this does not allow one that kind of payout.

Take a listen to the labour law expert about the Molefe case:

Take a listen to ANC's Zizi Kodwa:

These SOEs are becoming just a place for people to loot.

Zizi Kodwa, National Spokesperson of the ANC

Recommended

by THE NEWSROOM
Read More
Cape Town's alleged underworld extortionist charged with murder

Cape Town's alleged underworld extortionist charged with murder

Details of Nafiz Modack and Jaques Cronje's involvement in the stabbing of a bouncer at Cubana in Green Point have emerged in court.

DA starting to look more like ANC as factional battle unravels, says  Haffajee

DA starting to look more like ANC as factional battle unravels, says Haffajee

Mmusi Maimane has his work cut out for him trying to repair DA's reputation ahead of the 2019 elections, says Ferial Haffajee.

Chris Maroleng not SABC COO until Cabinet seals the deal

Chris Maroleng not SABC COO until Cabinet seals the deal

In a statement, the Communications Minister explains that the appointment of SABC executives must go through a Cabinet processes.

'CT city manager submitted resignation instead of reasons to keep job on Friday'

'CT city manager submitted resignation instead of reasons to keep job on Friday'

Cape Town city manager Achmat Ebrahim has resigned after more than 10 years at the helm amid misconduct allegations.

Cuts on domestic routes a promising sign for SAA turnaround - Guy Leitch

Cuts on domestic routes a promising sign for SAA turnaround - Guy Leitch

Aviation expert Guy Leitch says the decision taken under the leadership of new SAA CEO Vuyani Jarana makes commercial sense.

Herron: Allegations facing CPT transport authority misreported as corruption

Herron: Allegations facing CPT transport authority misreported as corruption

The City's MayCo member for Transport, Brett Herron, says his involvement in the transport contracts has been limited.

Popular articles
Dr Mbuyiseni Ndlozi opens up about his thesis

Dr Mbuyiseni Ndlozi opens up about his thesis

Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.

Trump confirms his first visit to Africa

Trump confirms his first visit to Africa

United States President Donald Trump has disclosed his first stop on an African visit.

Art deco buildings make Springs an architectural tourism destination

Art deco buildings make Springs an architectural tourism destination

The style of visual arts architecture has become part of a few impromptu tours by Jeffrey Cole in the underrated East Rand.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.

How much should you be paying your domestic worker?

How much should you be paying your domestic worker?

A new online tool has been developed to put what you pay your domestic worker into perspective.