The South African Forestry Company (SAFCOL) CEO previously held positions within the group executives and group capital departments at the ailing power utility.
Governor of the South African Reserve Bank (SARB), Lesetja Kganyago says the central bank's Financial Sector Contingency Forum (FSCF) is working on a contingency plan for the 'unlikely' but not 'impossible' scenario of a national grid failure.
EXCLUSIVE: Eskom lied about Bowmans mandate
By Thabo Makwakwa
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DURBAN - IN AN ONGOING battle between Eskom and Econ Oil & Energy, new evidence obtained by the Daily News suggests that Eskom executives, led by the entity’s chief executive André de Ruyter may have overstepped their mandate and illegally appointed Bowmans law firm in an effort to push out the black female-owned fuel supplier.
In what sources close to developments have termed a carefully co-ordinated approach, insiders and evidence suggest that Eskom misrepresented the truth when it claimed in some media reports that its suspended chief procurement officer, Solly Tshitangano, with three other officials, allegedly cancelled Bowman’s investigation without the knowledge of chief operating officer, Jan Oberholzer.