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SOUTH AFRICA: Eskom: We paid Deloitte R60-million for three weeks of work in two corrupt contracts

  • Date: 23-10-19
  • Category: SOUTH AFRICA
  • Source: Daily Maverick

Eskom implies in court papers that its own employees may have stolen McKinsey’s ideas and offered them to Deloitte, which then charged Eskom inflated fees for their implementation. Of course, this is not to say McKinsey might be a victim of corruption. Quite the contrary. It might just be a case of there being no honour among thieves — the scammers being scammed.

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ESKOM: Eskom a step closer to receiving R59bn bailout, Mboweni says issue beyond money

  • Date: 23-10-19
  • Category: ESKOM
  • Source: Eye Witness News

Finance Minister Tito Mboweni said the correct people needed to be appointed to Eskom’s board and management, and that the government must then be in a position to hold them accountable for Eskom’s operations.

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ESKOM: Eskom bid to “double electricity tariffs” faces legal challenge

  • Date: 23-10-19
  • Category: ESKOM
  • Source: The South African

Energy expert Ted Blom is leading the fight against Eskom's bid to jack-up our electricity prices, suggesting that the utility want to double their tariffs.

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PGM PRODUCERS: Anglo American Platinum announces PlatAfrica 2019 winners

Anglo American Platinum announced the winners of the 20th annual PlatAfrica jewellery design and manufacturing competition last night during a prestigious awards ceremony at the Inanda Club in Johannesburg. The competition was presented in association with Platinum Guild International (PGI) India and Metal Concentrators.

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PGM PROJECTS: Former Implats CEO, David Brown, backs Darwendale to take its place in PGM industry

THE proposed Darwendale project had the potential to become “a major” part of the world’s platinum group metal (PGM) industry, said David Brown, the former CEO of Impala Platinum (Implats) who was appointed chairman of the company behind the venture.

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PGM PROJECTS: Karo Resources given Zimbawe SEZ designation

JOHANNESBURG - Zimbawe has placed platinum concessions belonging to Karo Resources - a company in which JSE-listed Tharisa has a significant shareholding - under a Special Economic Zones (SEZ) designation, which gives the project special economic benefits.

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NORNICKEL: Accident at Nornickel’s Taimyrsky claims three lives

  • Date: 23-10-19
  • Category: NORNICKEL
  • Source: Mining Technology

At least three people were killed and several more were injured in an accident that occurred at Russian company Norilsk Nickel’s (Nornickel) Taimyrsky mine.

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FUEL CELLS: Superior Fuel Cell Catalysts Found

  • Date: 23-10-19
  • Category: FUEL CELLS
  • Source: Advanced Science News

Fuel cells are devices that generate electricity by harnessing chemical potential energy. All fuel cells possess the same basic configuration, two electrodes (more accurately, a cathode and anode) and electrolyte, however, differ in terms of reactions taking place.

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