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Eskom

The South African power plant explodes in just one week

An explosion has temporarily put South Africa's largest coal-fired power plant out of operation, just a week after it came online. The state power plant Eskom announced that an explosion occurred at Medupi power station late on Sunday evening for reasons that are still unknown. Although there were reportedly no injuries, a total of seven employees had to be treated for shock. The power plant came online just a week ago, about 14 years after construction began, the delay due to several costs and time…

The South African company Eskom succeeds in recovering stolen money

The national electricity company Eskom continues to collect funds from companies suspected of corruption and irregular payments. Latest profit: EUR 85 million will be paid by the Zurich engineering group ABB. Eskom has become one of the symbols of corruption during the Jacob Zuma presidency, and hijackings in connection with the Gupta family have brought the company to its knees. Now the South African…

ABB will return EUR 85 million of embezzled funds to Eskom

In South Africa, the national electricity company Eskom continues to collect money from companies suspected of corruption and irregular payments. Latest profit: EUR 85 million will be paid by Zurich's engineering group ABB Eskom has become one of the symbols of corruption during the presidency Jacob Zuma and embezzlement in connection with the Gupta family has brought the company to its knees, and the…

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