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Eskom paid R1.8bn to McKinsey and Trillian for terminat...


Daniels told the commission’s chairperson Deputy Chief Justice Raymond that in 2016 then acting Eskom CEO Matshela Koko had a list of transactions with projections of revenue to be extracted from Eskom.
Daniels said Koko had said he was given the list by his “principals”, which she understood to mean the Eskom board.
However, she rejected Koko’s testimony that the list, which included items such as “online vending cash unlock”, a supplier contract for Duvha power station unit three, IT support services, and a BEE partner for coal supplier Anglo American, was prepared by the board.
There were notes on the document, which evidence leader Pule Seleka said Koko had conceded were in his handwriting, including next to Project Libra – the Anglo coal supply – that states “give me a fixed price, I’ll find the (BEE) partner”. The note added “TBC”, which Daniels believed to mean price to be confirmed. ....

United Arab Emirates , United States , South Africa , Suzanne Daniels , Nonhlanhla Kraai , Matshela Koko , Justice Raymond , Prish Govender , Manoj Singh , Salim Essa , Dipuo Peters , Mckinsey Trillian , Edwin Mabelane , Justice Zondo , Alexander Weiss , Mosilo Mothepu , Commission Of Inquiry , Trillian Holdings , State Capture , Deputy Chief Justice Raymond , Anglo American , Pule Seleka , Project Libra , Trillian Capital , Regiments Capital , Cliffe Dekker Hofmeyr ,

LEC Gets Operational License | Liberian Observer


The Liberia Electricity Regulatory Commission (LERC) has issued six different
licenses to Liberia Electricity Corporation after the state power operator had met its license criteria. 
The licenses issued are intended to control the flow of power and energy on Liberia’s Interconnected Transmission System (LITS); as well as the transmission for operating the high voltage networks.
Processing of licenses was done in agreement with the statutory body created by the 2015 Electricity Law of Liberia (ELL) to oversee and regulate the electricity sector. The act began operation in 2018.
The LERC is the lead entity in Liberia responsible to facilitate the transformation and development of the electricity sector to attract investment, improve availability and adequacy as well as quicken the pace of access to electricity in a liberalized sector. ....

Monie Captan , Lawrenced Sekajipo , Prish Govender , Stefania Marrone , Liberia Electricity Regulatory Commission , Liberia Electricity Corporation , European Union , Millennium Challenge Corporation , European Union Eu Delegation , Chief Operation Officer , Interconnected Transmission System , Electricity Licensing Instruments , Electricity Licensing Regulations , Micro Utility Licensing Regulations , Licensing Handbook , Electricity Supply Industry , Tariff Regulations , Millennium Challenge Account Liberia , Madam Marrone , Monrovia Consolidation Electricity , மநீ கேப்டன் , லைபீரியா மின்சாரம் ஒழுங்குமுறை தரகு , லைபீரியா மின்சாரம் நிறுவனம் , ஐரோப்பிய தொழிற்சங்கம் , மில்லினியம் சவால் நிறுவனம் , ஐரோப்பிய தொழிற்சங்கம் யூ தூதுக்குழு ,

No way Anoj Singh could have been ignorant about PFMA - analyst


Tehillah Niselow
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Johannesburg- As former Eskom chief financial officer (CFO) Anoj Singh’s testimony in Parliament continued into the late hours of the night, questions were raised about his denials that he was ever aware of wrongdoing at the power utility.
“You have to look at governance procedures - the board has to have faith in three key individuals: the CEO, the CFO and usually the chief operations officer,” Khaya Sithole, a chartered accountant and analyst, commented to Fin24.
Sithole disputed Singh’s claims to the state capture inquiry in Parliament that he was unaware that not declaring fruitless and wasteful expenditure was a crime, saying that as CFO, he would have signed off on Eskom’s financial statements. ....

South Africa , Switzerland General , South African , Ntuthuzelo Vanara , Malusi Gigaba , Prish Govender , Matshela Koko , Zukiswa Rantho , Cyril Ramaphosa , Manoj Singh , Pravin Gordhan , Khaya Sithole , Jabu Mabuza , Khulu Phasiwe , National Prosecuting Authority , World Economic Forum , Public Finance Management Act , Advocate Ntuthuzelo Vanara , Minister Malusi Gigaba , President Cyril Ramaphosa , Business Unity South Africa , South African Trade Unions , Matthew Parks , சுவிட்சர்லாந்து ஜநரல் , மனோஜ் சிங் , பிராவின் கோர்டன் ,