South Africa News

Eskom unaware of Andre de Ruyter allegations

Eskom says it’s not aware of the allegations against it’s incoming CEO Andre de Ruyter. Bloomberg is reporting that Ruyter, engaged in questionable stock sales when he was a senior executive at Sasol in 2013. It’s quoting a forensic audit report by a corporate law firm.

De Ruyter was Sasol’s senior group executive for global chemicals, and North American operations, at the time.

Eskom

The report says he and then Chief Financial officer, Christine Ramon, knew about cost overruns and sold the company’s stock before that information was disclosed to other executives.

The report formed part of a risk and corporate governance assessment.
Eskom says rigorous integrity and reference checks were performed independently, in line with normal recruitment processes.

In other news – Bonang Matheba sends Blue Mbombo the sweetest Birthday Shoutout

Bonang Matheba Sends Blue Mbombo The Sweetest Birthday Shoutout! Whoever came up with the theory that Bonang Matheba doesn’t get along with many people in showbiz should probably visit her timeline right now.

bonang Matheba

We love it when queen B shows fellow local celebs some love. This week she has been sending birthday shoutouts like never before and we thought it was sweet of queen B to do. Read more

Source: eNCA