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 NEWSROOM AI
Read More
Sanral considers new measures to 'aggressively' tackle Gauteng e-toll defaulters

Sanral considers new measures to 'aggressively' tackle Gauteng e-toll defaulters

Discussions between Sanral, and the Ministers of Finance and Transport have apparently reached an advanced stage.

SA dumps 10 billion kilos of food waste every year, says expert

SA dumps 10 billion kilos of food waste every year, says expert

Roy Henderson says that big food companies need to make better use of technology to change wasteful behaviour.

Judge Nugent tells Ramaphosa to fire Tom Moyane urgently - reports

Judge Nugent tells Ramaphosa to fire Tom Moyane urgently - reports

The recommendation was apparently made by Nugent in his interim report, seen by TimesLive, submitted to Ramaphosa two weeks ago.

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

VBS gave Zuma R8.5m before any security was provided for loan - News 24 journo

News 24 investigative journalist Kyle Cowan reports that Zuma was granted the loan despite the fact that he could not afford it.

No layovers? World's longest flight from Singapore to NYC may open 'new market'

No layovers? World's longest flight from Singapore to NYC may open 'new market'

Airline guru Linden Birns says the direct flight opens up a new market of passengers who are willing to pay to avoid long delays.

Striking MyCiti drivers don't want to be outsourced, demand jobs with City of CT

Striking MyCiti drivers don't want to be outsourced, demand jobs with City of CT

Drivers are demanding better working conditions and an end to outsourcing, reports EWN's Monique Mortlock.

Popular articles
I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)

I worked for that money! - Robert Madzonga (VBS shareholder Vele Investments)

The Money Show’s Bruce Whitfield interviews Madzonga, who claims innocence and that Chairperson Tshifhiwa Matodzi lied to him.

Take a look inside BMW South Africa’s high-tech X3 producing factory

Take a look inside BMW South Africa’s high-tech X3 producing factory

The Rosslyn plant makes 15 BMW X3 SUVs per hour for export around the world. Bruce Whitfield interviews BMW SA's, Tim Abbott.

The sun sets on Zimbabwe’s new dawn as inflation hits 155%

The sun sets on Zimbabwe’s new dawn as inflation hits 155%

Here we go again… The Money Show’s Bruce Whitfield interviews Africa Connected Host Lee Kasumba.

Pick n Pay sells most groceries in 5 years

Pick n Pay sells most groceries in 5 years

Recession? What recession? The Money Show’s Bruce Whitfield interviews Pick n Pay CEO, Richard Brasher.

Support for #CherlyZondi as she wraps up her testimony against Tim Omotoso

Support for #CherlyZondi as she wraps up her testimony against Tim Omotoso

Wits Institute For Social Economic Research research associate Lisa Vetten looks at how witnesses cope on the witness stand.

Sanral considers new measures to 'aggressively' tackle Gauteng e-toll defaulters

Sanral considers new measures to 'aggressively' tackle Gauteng e-toll defaulters

Discussions between Sanral, and the Ministers of Finance and Transport have apparently reached an advanced stage.

'The EFF presser was about blaming Pravin Gordhan'

'The EFF presser was about blaming Pravin Gordhan'

Eyewitness News reporter Clement Manyathela gives a summary of what came out of the EFF presser.

'Racism is a daily thing in Hartbeespoort'

'Racism is a daily thing in Hartbeespoort'

Hartbeespoort Community Development Initiative spokesperson Russel Baloyi talks about racism in the community.