Should people go to jail? Those caught in the wrong should pay the price - Eskom
Eskom suffered a net loss of R2.3 billion in the past financial year.
The damage was not done overnight and so cannot be fixed overnight. We have to take some short-term pain to achieve long-term gains.Jabu Mabuza, Eskom Chairperson
Irregular expenditure has swollen to more than R19 billion since 2012.
Eskom owes municipalities R4.2 billion.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
It was always going to be a challenge… but we gave it our best shot.Phakamani Hadebe, Eskom
That R19.6 billion is what we know. We can’t comment on what we don’t know.Phakamani Hadebe, Eskom
We are committing that we’ll clean this place as much as possible…Phakamani Hadebe, Eskom
We think those that are caught in the wrong should pay the price…Phakamani Hadebe, Eskom
We’re sitting on 25 cases of investigations into wrongdoing…Phakamani Hadebe, Eskom
There’s been talks… it indicates that the current structure must be reviewed.Phakamani Hadebe, Eskom
We have identified other players with an interest in buying electricity from us…Phakamani Hadebe, Eskom
Yes, we have this audit issue… but there’s more that is happening at Eskom…Phakamani Hadebe, Eskom
Enjoy The Money Show, but miss it sometimes?
Get the best bits emailed to you daily, right after it ends:
The Ombud for Short Term Insurance’s aim is to resolve short term insurance complaints ''fairly, efficiently and impartially''.Read More
RunwaySale, an e-commerce fashion retailer, has received an investment of R100 million from an international private equity firm.Read More
One of six women chosen earlier this year may be the first to walk on the moon.Read More
Does regulation inconsistencies give reason to doubt that the Covid-19 response is driven by science?Read More
Unconstitutional? The Restaurant Association gets pushed to the back of the queue, after churches.Read More
Every day #702ShoutOut and Ninety One shines the spotlight an SMMEs doing great work during lockdown.Read More
Darren Hele, CEO of Famous Brands, tells the Money Show how the food outlets in the franchise have navigated lockdown.Read More
UCook has launched a Food Fund with FoodForward South Africa, the Philippi Economic Development Initiative and Ladles of Love.Read More
Sophisticated scanners reveal what products shoppers are buying when they visit spaza shops.Read More