Ingula power station costs said to have escalated to R36 billion

The new Ingula power station, on the border between KwaZulu-Natal and the Free State, has allegedly seen costs spiral from R8.9bn to R36bn.

Matthew le Cordeur says it is worrying that another Eskom project has gone over budget. He says an interview on Carte Blanche revealed that an underground contractor was paid billions more that they should have in bonuses, advances and events.

Its important to know that Eskom had said everything is above board, they defend their contractors and from their point of view everything is in line...

Matthew le Cordeur, Senior Content Producer at Fin24

Le Cordeur says the DA wants Eskom to appear before Parliament and account for exactly what happened. According to sources, an accident in 2013 which left six people dead, resulted in Eskom paying contractors billions in compensation, says le Cordeur.

He says this allegations needs a proper investigation in order to get to the bottom of the events that occurred.

Listen to the full conversation below:


Recommended

by NEWSROOM AI
Read More
PSA members losing patience as Sassa doesn't respond to demands

PSA members losing patience as Sassa doesn't respond to demands

Sassa employees represented by PSA have been protesting at lunch time to avoid disruptions. They are demanding a wage increase.

SIU report: Corrupt and fraudulent dealings worth R1.2 billion in Gauteng health

SIU report: Corrupt and fraudulent dealings worth R1.2 billion in Gauteng health

The report reveals that former Gauteng Health MEC Brian Hlongwa and 11 others are involved in the irregular expenditure.

Cape dam levels on the rise, but not all clear yet

Cape dam levels on the rise, but not all clear yet

This week, the overall dam levels are at 40.9% of total storage capacity and there was an increase of 8.8 percentage points.

What the law says about those who infringe on your privacy (reading your texts)?

What the law says about those who infringe on your privacy (reading your texts)?

Did the man who exposed a woman for racists slurs infringe on her privacy when he read a private conversation on her phone?

What was Mabuza's business with Putin? Sikonathi Mantshantsha asks

What was Mabuza's business with Putin? Sikonathi Mantshantsha asks

Sikonathi Mantshantsha echoes Parliament's sentiments in wanting to know what was discussed during David Mabuza's visit to Russia.

Medical Aid Scheme Amendment Bill to boot out medical aid co-payments

Medical Aid Scheme Amendment Bill to boot out medical aid co-payments

Acting Chief Executive and Registrar for medical schemes, Dr Sipho Kabane, explains what the Amendment Bill entails.

Popular articles
Ever wanted a 13-month year? Well, the Ethiopians have one

Ever wanted a 13-month year? Well, the Ethiopians have one

Ethiopia is one of the few countries using a calendar different from the conventional calendar most countries are accustomed to.

'Basetsana Kumalo explained to me that this was the worst week of her life'

'Basetsana Kumalo explained to me that this was the worst week of her life'

Social Media Law Expert, Emma Sadleir, says the Randburg court has issued a protection order for the Kumalo's.

'Cyril Ramaphosa is the weakest president of the ANC since 1994' - analyst

'Cyril Ramaphosa is the weakest president of the ANC since 1994' - analyst

Political analyst Prince Mashele talks about the ANC NEC meeting contradicting messages stemming from this.

Max du Preez opens up about money (and losing everything on Vrye Weekblad)

Max du Preez opens up about money (and losing everything on Vrye Weekblad)

The Money Show’s Bruce Whitfield interviews the famed and fearless journalist about his money history, hopes and beliefs.

Malema under fire after 'Indians are racist' comment

Malema under fire after 'Indians are racist' comment

SA Institute of Race Relations media head Micheal Morris says politicians must be cautious of such divisive statements they make.

[WATCH] Eusebius Mckaiser: I call BS on Malema's racism targeting Indians

[WATCH] Eusebius Mckaiser: I call BS on Malema's racism targeting Indians

Show host Eusebius McKaiser says EFF's leader Julius Malema's comments on Indians are grossly unacceptable and irresponsible.

Here's how to check your load shedding schedule in Cape Town

Here's how to check your load shedding schedule in Cape Town

Stage 1 load s​hedding has been declared nationally. The City of Cape Town has urged residents to take note of the schedules.

Man who dumped body of family dog in street demoted at top JHB law firm

Man who dumped body of family dog in street demoted at top JHB law firm

Media law guru Emma Sadleir warns employees online that there are many potential events that could bring a company into disrepute.

Athletes to run 375km in solidarity against human trafficking

Athletes to run 375km in solidarity against human trafficking

The run takes place from 5 - 8 December along the N1 from Rawsonville to Beaufort West - a hunting ground for child traffickers.