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Eskom To Probe Racism Claims Against CEO

iAfrica 1 month ago 1 min read Share with your network! Eskom’s board says it will initiate an investigation into allegations of racism against its CEO. Group Chief Executive Andre de Ruyter is accused of racism by suspended Chief Procurement Officer Solly Tshitangano. Eskom says Tshitangano’s suspension is due to his poor performance. However, Tshitangano claims De Ruyter’s actions are motivated by racism. He’s also accused the power utility’s boss of wanting to get rid of black suppliers and of continuous harassment. Eskom says these allegations bring the organisation into disrepute and threaten to distract it from its aim of restoring operational and financial sustainability.

Solly tshitanganoChief executive andre de ruyterChief procurement officer sollyதலைமை நிர்வாகி ஆண்ட்ரே டி றுய்த்தேர்தலைமை ப்ரொக்யூர்மெஂட் அதிகாரி சொல்லி

Eskom bondholders confident their money is safe , whether or not talks result in debt solution

Eskom bondholders confident their money is safe , whether or not talks result in debt solution
biznews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biznews.com Daily Mail and Mail on Sunday newspapers.

South africaCity ofUnited kingdomSouth africanRichard briggsWillem visserLucie villaSelcuk gokolukPravin gordhanJarryd nevesMax wolmanRodica glavanColleen gokoNedbank groupPublic investment corpMoody investors service

Eskom Bondholders Take Comfort in Guarantee Amid Debt Talks

Eskom Bondholders Take Comfort in Guarantee Amid Debt Talks Bloomberg 3/1/2021 Colleen Goko and Selcuk Gokoluk (Bloomberg) Bondholders of South Africa’s state-owned electricity company are watching the latest round of rescue talks from a distance. Yields suggest they’re confident their money is safe, whether or not the discussions result in a sustainable solution for Eskom Holdings SOC Ltd.’s $32 billion debt pile. Eskom’s risk premium over South African sovereign debt narrowed to a 19-month low last week and remained near that level even amid global bond turmoil. Investors including T Rowe Price International Ltd., Insight Investment Management and Aberdeen Standard Investments said they haven’t been approached about the debt plan, but believed a solution could be reached.

South africaCity ofUnited kingdomSouth africanRichard briggsLucie villaPravin gordhanBloomberg eskomWillem visserRodica glavanMax wolmanNedbank group ltdPublic investment corpMoody investors serviceGoldman sachs group incT rowe price international ltd

Eskom Bondholders Take Comfort in Guarantee Amid Debt Talks

Eskom Bondholders Take Comfort in Guarantee Amid Debt Talks
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

South africaCity ofUnited kingdomSouth africanRichard briggsLucie villaPravin gordhanBloomberg eskomWillem visserRodica glavanMax wolmanNedbank group ltdPublic investment corpMoody investors serviceGoldman sachs group incT rowe price international ltd

Eskom Bondholders Take Comfort From Guarantee Amid Rescue Talks

Bondholders of South Africa’s state-owned electricity company are watching the latest round of rescue talks from a distance. Yields suggest they’re confident their money is safe, whether or not the discussions result in a sustainable solution for Eskom Holdings SOC Ltd.’s $32 billion debt pile.

South africaCity ofUnited kingdomSouth africanRichard briggsLucie villaPravin gordhanBloomberg eskomWillem visserRodica glavanMax wolmanNedbank group ltdPublic investment corpMoody investors serviceGoldman sachs group incT rowe price international ltd