Gigaba hopes axing of Molefe will affect markets positively - South African Broadcasting Corporation

Finance Minister Malusi Gigaba is optimistic that markets will react positively to the news of the axing of Brian Molefe as Eskom CEO. (SABC). Tags: Western Cape · Cape Town · Parliament · Brian Molefe · Eskom · Malusi Gigaba · Zalene Merrington · Moody's.

'Bye bye Brian, Eskom board next' – SaveSA - News24

Johannesburg – The Save South Africa campaign has welcomed government's instruction to Eskom to remove Brian Molefe as its CEO. The move confirmed the value of civil society's opposition to underhanded attempts to manoeuvre him back into office, ...

Board confirms receipt of instruction to axe Eskom CEO - Eyewitness News

Eskom's board says it will meet to finalise the way forward on the issues raised by Minister Brown, including the instruction to rescind the decision to reappointment Molefe. FILE: Eskom Chairman Ben Ngubane. Picture: Reinart Toerien/EWN. Eskom · Brian ...

South Africa removes Eskom CEO Molefe after bungled rehire - Gulf Times

South Africa will remove Brian Molefe as chief executive officer of Eskom Holdings less than three weeks after his controversial return to the state power utility. Public Enterprises Minister Lynne Brown will appoint an acting CEO within 48 hours ...

Eskom to finalise “way forward” after Molefe appointment rescinded - Mining MX

IN the briefest of statements, South African power utility, Eskom said it would meet to finalise “the way forward” after Public Enterprises minister, Lynne Brown, directed it to rescind the re-appointment of CEO, Brian Molefe. “The Eskom board has ...

Brown seeks answers before closing Molefe chapter - Eyewitness News

Announcing that she had instructed the board to rescind Brian Molefe's reappointment, Minister Lynne Brown said the decision had been a complicated one. FILE: Public Enterprises Minister Lynne Brown. Picture: Gaye Davis/EWN. Eskom · Brian Molefe ...

Decision on Molefe 'for the good of the country' - Eyewitness News

Minister Lynne Brown confirmed this afternoon that she's directed the Eskom board to rescind Molefe's reappointment. FILE: Brian Molefe. Reinart Toerien/EWN. Eskom · Brian Molefe · Public Enterprise Minister Lynne Brown. Email; Print ...

Eskom chief executive to be sacked 20 days after he was rehired - Financial Times

South Africa's power utility Eskom has been ordered to sack Brian Molefe, the chief executive it rehired after he left the organisation in the wake of a report into state corruption. Lynne Brown, the public enterprises minister who oversees Eskom, on ...

Molefe removed as Eskom CEO, board may face chop too - Independent Online

Cape Town – Government on Wednesday ordered that Brian Molefe's return to the helm of Eskom be rescinded and conceded that it had inflicted reputational harm on the country and the power utility. Public Enterprises Minister Lynne Brown told a media ...

ANC satisfied with Brown's Molefe decision - iAfrica.com

The African National Congress (ANC) says it welcomes the decision by an inter-ministerial committee and the Public Enterprises Minister Lynne Brown that Brian Molefe is removed as the Chief Executive Officer of Eskom. On Monday the party said its ...

South Africa: Public Enterprises to Work With Eskom Board - AllAfrica.com

Pretoria — Public Enterprises Minister Lynne Brown says she will continue to work with the Eskom Board to ensure the power parastatal's sustainability is maintained. "We cannot ignore the fact that the Board is ultimately accountable for the fiduciary ...

S. African parastatal ordered to rescind reappointment of Gupta-linked CEO - Xinhua

CAPE TOWN, May 31 (Xinhua) -- South African Minister of Public Enterprises Lynne Brown on Wednesday ordered state-run electricity utility Eskom to rescind its decision to reappoint Brian Molefe as CEO. Brown said she made the move after meeting the ...

PHILL MAGAKOE via Getty Images - Huffington Post South Africa (blog)

South African State Enterprises minister Lynne Brown has ordered Eskom to rescind Brian Molefe's appointment as CEO -- finally. Eskom's board is expected to heed Public Minister Lynne Brown's calls for Brian Molefe's reappointment to be rescinded ...

Eskom Ordered To Nullify Brian Molefe's Reappointment: 8 Fast Facts You Should Know - BuzzSouthAfrica.com

Brian Molefe's Reappointment: Eskom board has been instructed to rescind Molefe Brian's reappointment at the public utility with immediate effect. This development was announced by Public Enterprises Minister Lynne Brown and the chairperson of the ...

At least #BrianMolefe lasted longer than Van Rooyen: Twitter reacts - Citizen

Brian Molefe breaks down while talking about his relationship with the Guptas during a media conference where Eskom released its interim financial results on November 03, 2016 in Johannesburg, South Africa. Molefe defended Eskom's deal with Tegeta, ...

South Africa: Brian Molefe leaves Eskom again - African Business Magazine (press release) (subscription) (blog)

Brian Molefe's role as chief executive of Eskom has been brought to an end just weeks after his controversial reappointment following his appearance in a report into government corruption. Public Enterprises Minister Lynne Brown confirmed that a new ...

SIU probe into Eskom coal deals will need approval - SowetanLIVE

Public Enterprises Minister Lynne Brown's referral of controversial Eskom coal contracts to the Special Investigating Unit (SIU) faces a potential hurdle – President Jacob Zuma. Zuma is the only person who can issue an official proclamation – which ...

The Life of Brian: Molefe out of Eskom...again - Daily Maverick

Brian Molefe is out of his job as Eskom chief executive. This time not because he was stepping down in the interest of “good corporate governance”, as he put it in November 2016, but because Public Enterprise Minister Lynne Brown implemented a decision ...

Eskom Molefe fiasco: Inquiry must still proceed – Natasha Mazzone - Politicsweb

The DA has written to Public Enterprises Committee Acting Chair Zukiswa Rantho, demanding answers for the delay in constituting what we believe to be a most urgent full scale Parliamentary Inquiry into the rot at Eskom. The announcement today that ...

No plans to appoint Molefe anywhere else after Eskom‚ ministerial committee says - Times LIVE

Masutha said it was the view of the IMC that these errors could have been fixed administratively and it was "in the best interests" of good governance and the country that the decision to reinstate him be rescinded. File photo. Image by: Gallo Images ...