Tag: Phakamani Hadebe
Eskom, South Africa’s struggling state owned power utility continues operations without its CEO Phakamani Hadebe. One of the utility’s biggest issues has been its unmanageable growing debt levels. Joining CNBC Africa to examine the SOE’s stakeholder and what the crisis means for bond prices is Rashaad Tayob, Fixed income, Multi-Asset, Hedge, Abax.
With just a mere 3 days until Phakamani Hadebe steps down from office as Eskom CEO, we look at the lessons that can be learned from the failing parastatals downfall. As well as the burning question of who will assume the position of CEO of the struggling stated owned entity. Professor Makgopa Tshehla from the Unisa Graduate School of Business Leadership joins CNBC Africa for more.
Eskom’s Medupi power unit is laden with ash after its supplier CBZ withdrew its staff from the power unit. According to Moneyweb, CBZ withdrew because it was placed in business rescue. Medupi is one of eight power houses that CBZ supplies. CNBC Africa's reporter Lubabalo Mashiqana spoke with Phakamani Hadebe, CEO of Eskom about CBZ.
CNBC Africa's Fifi Peters caught up with Eskom CEO Phakamani Hadebe about the expected Eskom tariff hikes, the inter-ministerial task team and the presidential task team that was set up in order to aid Eskom's financial woes.
Eskom revealed it can't rule out load shedding for the rest of the year. Power utility held a media briefing about its coal and operations status today. CNBC Africa reporter Lubabalo Mashiqana spoke to Eskom CEO Phakamani Hadebe.
As Trillian was not party to the settlement, Eskom will continue to pursue the recovery of the remainder of the payments made to Trillian through the legal review process that was launched earlier this year.
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