Eskom's COO denies having a hand in a highly irregular contract to US firm
Eskom COO Jan Oberholzer has lambasted reports that load shedding will be moving to Stage 5 & 6 as 'unnecessary and irresponsible'.
He says they are working hard to fix the tube leaks in the boilers and to do necessary maintenance on the generation plants in order to keep the country's lights on.
He says the utility has also managed to secure more diesel to run the open-cycle gas turbine peaking plants.
At this point, we maintain Stage 4 and bringing back the units that have been out over the next two days, we believe, will take us down to the lower stages of load shedding.Jan Oberholzer, COO - Eskom
Oberholzer took the opportunity to respond to allegations that the company which built two controversial power plant, Medupi and Kusile, were given a blank cheque and cashed R12 billion.
According to reports, this happened while Oberholzer was still general manager for capital projects at Eskom.
He says everything was above board when he signed for the contract.
There was a solid procurement process that was at the time run and submission was done to the board tender committee in 2007 and it was approved for engineering consulting firm Black & Veatch.Jan Oberholzer, COO - Eskom
An amount of R4.1 billion was approved over a period of 10 years.Jan Oberholzer, COO - Eskom
We actually had a meeting about it yesterday and we are clear that there was nothing malicious, nothing underhand, no shenanigans whatsoever and I say this openly.Jan Oberholzer, COO - Eskom
To hear the rest of the conversation, listen below:
The City responds after complaints from drivers about perceived delays in granting licenses and explains how the process works.Read More
A number of Fish Hoek residents have started a petition to close the beach-front restaurant, claiming service is "appalling".Read More
Guy Leitch says government, as SAA owner, seems unwilling to meet the terms of banks to grant airline funding to continue flying.Read More
Financial journalist Sikonathi Mantshantsha does a round-up of the big business stories this week from Telkom and Massmart to SAA.Read More
Germany – not the US or China – is set to lead the world into a post-fossil fuel age. Kieno Kammies interviews Steven Beardsley.Read More
What does it really cost you to have your investment managed by somebody else? What is that management worth in the end?Read More
A South African matric will not equip most of today's learners with a competitive edge.Read More
The slight drop in the repo rate is a good thing for ordinary South Africans.Read More
SA's delegation to the 2020 World Economic Forum in Davos, Switzerland is getting ready for the annual gathering.Read More
The SA Reserve Bank has announced the decision on rates.Read More
The political analyst discusses pressure on the Public Enterprises minister and the president amid crucial weekend ANC meetings.Read More
Fedsas CEO Paul Colditz argues against a proposed amendment to reduce role of SGBs in appointing principals, deputies, dept heads.Read More
Kagiso Rabada can't be faulted for what he did in the SA vs England Test series, says sports journo Stuart Hess.Read More
The DA's Helen Zille confirms that she's been engaged in discussions with UDM leader Bantu Holomisa after a recent trip to Germany.Read More
We’re starting to see capitulation [by companies giving up on the economy recovering], says Nedbank Chief Economist Dennis Dykes.Read More
After Deputy Chief Justice Raymond Zondo has been briefed, he will determine the dates when Zuma is called to testify.Read More
Four senior police officers at the graveside marched into each other seemingly not knowing left from right.Read More
Founder of the Facebook forum and non-profit company Jarett Petzer explains what the core team does to justify being paid salaries.Read More
Longsuffering taxpayers may have a reason to be furious with UK-based Deloitte, one of the largest accounting firms in the world.Read More
W Cape schools are back on Wednesday and questions of school safety rear their head. Education specialists discuss.Read More