Mpho Makwana

Public Enterprises Minister Pravin Gordhan made the announcement on Friday afternoon during a virtual briefing.

The announcement comes almost 2 months after the UK imposed a 3-year ban.](https://www.capetalk.co.za/articles/455922/no-more-govt-contracts-treasury-slaps-bain-and-co-with-10-year-ban) [Read More](https://www.capetalk.co.za/articles/455922/no-more-govt-contracts-treasury-slaps-bain-and-co-with-10-year-ban) [Capitec on growth streak as it launches mobile service, sees client surge](https://www.capetalk.co.za/articles/455911/capitec-on-growth-streak-as-it-launches-mobile-service-sees-client-surge) [Capitec Bank's customer base has grown to 19 million - a 13% increase over six months.](https://www.capetalk.co.za/articles/455911/capitec-on-growth-streak-as-it-launches-mobile-service-sees-client-surge) [Read More](https://www.capetalk.co.za/articles/455911/capitec-on-growth-streak-as-it-launches-mobile-service-sees-client-surge) It said there was no evidence to prove any fraudulent or corrupt activity at Sars.](https://www.capetalk.co.za/articles/455966/prosecutions-and-payment-of-damages-should-follow-after-bain-s-ban-hsf) [Read More](https://www.capetalk.co.za/articles/455966/prosecutions-and-payment-of-damages-should-follow-after-bain-s-ban-hsf) [Criminals want your phone to access banking information](https://www.capetalk.co.za/articles/455901/criminals-want-your-phone-to-access-banking-information) [Phone snatchers do not only want your phone but seek to take advantage of its speedy and readily available access to your banking details.](https://www.capetalk.co.za/articles/455901/criminals-want-your-phone-to-access-banking-information) [Read More](https://www.capetalk.co.za/articles/455901/criminals-want-your-phone-to-access-banking-information) [Should you invest more into stock markets as they decline?](https://www.capetalk.co.za/articles/455905/should-you-invest-more-into-stock-markets-as-they-decline) [The extent of market volatility in 2022 has left many investors on edge - what should you do? It said there was no evidence to prove any fraudulent or corrupt activity at Sars.](https://www.capetalk.co.za/articles/455966/prosecutions-and-payment-of-damages-should-follow-after-bain-s-ban-hsf) [Read More](https://www.capetalk.co.za/articles/455966/prosecutions-and-payment-of-damages-should-follow-after-bain-s-ban-hsf) [More from Business](https://www.capetalk.co.za/topic/24/business) [[WATCH] Elon Musk presents 'dancing' humanoid robot before live audience](https://www.capetalk.co.za/articles/456053/watch-elon-musk-unveils-dancing-humanoid-robot-before-live-audience) [The South African-born tech billionaire revealed the latest prototype of Tesla's humanoid robot at an 'AI Day' in Silicon Valley.](https://www.capetalk.co.za/articles/456053/watch-elon-musk-unveils-dancing-humanoid-robot-before-live-audience) [Read More](https://www.capetalk.co.za/articles/456053/watch-elon-musk-unveils-dancing-humanoid-robot-before-live-audience) [George Clooney stars in new Nespresso campaign to protect the future of coffee](https://www.capetalk.co.za/articles/455804/george-clooney-stars-in-new-nespresso-campaign-to-protect-the-future-of-coffee) [In 'The Empty Cup', starring George Clooney, Nespresso spotlights the risk that climate change poses to coffee farming communities](https://www.capetalk.co.za/articles/455804/george-clooney-stars-in-new-nespresso-campaign-to-protect-the-future-of-coffee) [Read More](https://www.capetalk.co.za/articles/455804/george-clooney-stars-in-new-nespresso-campaign-to-protect-the-future-of-coffee) ['Prosecutions & payment of damages should follow after Bain’s ban' - HSF](https://www.capetalk.co.za/articles/455966/prosecutions-and-payment-of-damages-should-follow-after-bain-s-ban-hsf) [Bain & Company has reportedly disagreed with the ban. [Mpho Makwana named as Eskom’s new board chairperson](http://ewn.co.za/articles/456015) [More from Local](https://www.capetalk.co.za/topic/22/local) [Cape Town man loses his own life after saving 3 teenagers from rip current](https://www.capetalk.co.za/articles/456056/cape-town-man-loses-his-own-life-after-saving-3-teenagers-from-rip-current) [Reza Yon headed out into the ocean on his bodyboard when he saw the teens in trouble off Mnandi Beach.](https://www.capetalk.co.za/articles/456056/cape-town-man-loses-his-own-life-after-saving-3-teenagers-from-rip-current) [Read More](https://www.capetalk.co.za/articles/456056/cape-town-man-loses-his-own-life-after-saving-3-teenagers-from-rip-current) [SAPS agrees to form task team to tackle kidnapping crisis in Cape Town](https://www.capetalk.co.za/articles/456048/saps-agrees-to-form-task-team-to-tackle-kidnapping-crisis-in-cape-town) [The City of Cape Town asked the SAPS to form an inter-governmental task team utilising the services of its specialised units.](https://www.capetalk.co.za/articles/456048/saps-agrees-to-form-task-team-to-tackle-kidnapping-crisis-in-cape-town) [Read More](https://www.capetalk.co.za/articles/456048/saps-agrees-to-form-task-team-to-tackle-kidnapping-crisis-in-cape-town) [SA star Kim Engelbrecht bags International Emmy nomination for role in 'Reyka'](https://www.capetalk.co.za/articles/456040/sa-star-kim-engelbrecht-bags-international-emmy-nomination-for-role-in-reyka) [The local crime thriller is up for two International Emmys - Best Actress and Best Drama Series.](https://www.capetalk.co.za/articles/456040/sa-star-kim-engelbrecht-bags-international-emmy-nomination-for-role-in-reyka) [Read More](https://www.capetalk.co.za/articles/456040/sa-star-kim-engelbrecht-bags-international-emmy-nomination-for-role-in-reyka) [[VIDEO] Another kidnapping in Cape Town after woman's car boxed in](https://www.capetalk.co.za/articles/456036/video-another-kidnapping-in-cape-town-after-woman-s-car-boxed-in) [Video footage shows how a woman was taken after her car was boxed in by two other vehicles outside business premises in the Blackheath area.](https://www.capetalk.co.za/articles/456036/video-another-kidnapping-in-cape-town-after-woman-s-car-boxed-in) [Read More](https://www.capetalk.co.za/articles/456036/video-another-kidnapping-in-cape-town-after-woman-s-car-boxed-in) [Free music all weekend as international WOMAD festival kicks off in Cape Town](https://www.capetalk.co.za/articles/456034/free-music-all-weekend-as-international-womad-festival-kicks-off-in-cape-town) [The 'WOMAD South African Safari 2022' kicks off this weekend with performances at various venues at the V&A Waterfront.](https://www.capetalk.co.za/articles/456034/free-music-all-weekend-as-international-womad-festival-kicks-off-in-cape-town) [Read More](https://www.capetalk.co.za/articles/456034/free-music-all-weekend-as-international-womad-festival-kicks-off-in-cape-town) [Power cuts cost the economy R60b in Sep, real cost is even higher: Economist](https://www.capetalk.co.za/articles/456018/power-cuts-cost-the-economy-r60b-in-sep-real-cost-is-even-higher-economist) [Load shedding has had a devastating impact on our country and the economy, as businesses struggle to function with no power.](https://www.capetalk.co.za/articles/456018/power-cuts-cost-the-economy-r60b-in-sep-real-cost-is-even-higher-economist) [Read More](https://www.capetalk.co.za/articles/456018/power-cuts-cost-the-economy-r60b-in-sep-real-cost-is-even-higher-economist) ['Private hospitals should also be exempt from load shedding' - Netcare](https://www.capetalk.co.za/articles/455982/private-hospitals-should-also-be-exempt-from-load-shedding-netcare) [Netcare lauded Health Minister Joe Phaahla for his recognition of challenges faced by the healthcare industry during load shedding but wants private hospitals to be exempt from power outages.](https://www.capetalk.co.za/articles/455982/private-hospitals-should-also-be-exempt-from-load-shedding-netcare) [Read More](https://www.capetalk.co.za/articles/455982/private-hospitals-should-also-be-exempt-from-load-shedding-netcare) [Legal advice from robots and computers?](https://www.capetalk.co.za/articles/455983/legal-advice-from-robots-and-computers) [Zain Johnson spoke with Dawood Patel, CEO of Helm.](https://www.capetalk.co.za/articles/455983/legal-advice-from-robots-and-computers) [Read More](https://www.capetalk.co.za/articles/455983/legal-advice-from-robots-and-computers) ['Prosecutions & payment of damages should follow after Bain’s ban' - HSF](https://www.capetalk.co.za/articles/455966/prosecutions-and-payment-of-damages-should-follow-after-bain-s-ban-hsf) [Bain & Company has reportedly disagreed with the ban. “We will look very carefully at what this board does. Galileo Capital's Warren Ingram shares valuable pointers.](https://www.capetalk.co.za/articles/455905/should-you-invest-more-into-stock-markets-as-they-decline) [Read More](https://www.capetalk.co.za/articles/455905/should-you-invest-more-into-stock-markets-as-they-decline) [Late-joiner penalties: Health Squared victims hit with 75% at other med schemes](https://www.capetalk.co.za/articles/455908/late-joiner-penalties-health-squared-victims-hit-with-75-at-other-med-schemes) [The harsh reality is that once you have a medical cover gap, you have to "forever" make it up says consumer ninja Wendy Knowler.](https://www.capetalk.co.za/articles/455908/late-joiner-penalties-health-squared-victims-hit-with-75-at-other-med-schemes) [Read More](https://www.capetalk.co.za/articles/455908/late-joiner-penalties-health-squared-victims-hit-with-75-at-other-med-schemes) [De Ruyter clarifies Stage 15 report: 'Clickbait engineered by a journalist'](https://www.capetalk.co.za/articles/455909/de-ruyter-clarifies-stage-15-report-clickbait-engineered-by-a-journalist) ['It's been a rough ride.' Eskom CEO André de Ruyter puts his reference to Stage 15 power cuts into context and gives an update on the state of the national grid.](https://www.capetalk.co.za/articles/455909/de-ruyter-clarifies-stage-15-report-clickbait-engineered-by-a-journalist) [Read More](https://www.capetalk.co.za/articles/455909/de-ruyter-clarifies-stage-15-report-clickbait-engineered-by-a-journalist) [No more govt contracts - Treasury slaps Bain & Co with 10-year ban](https://www.capetalk.co.za/articles/455922/no-more-govt-contracts-treasury-slaps-bain-and-co-with-10-year-ban) [National Treasury has banned Bain & Company from public sector contracts for ten years. We need a radical solution to fix the worst crisis this country is facing in the electricity sector and that must happen and it must happen without delay and it must happen without any political interference,” Cachalia added. While we provide it with the necessary support, it will not be unconditional. The Democratic Alliance (DA) said the new Eskom board's first order of business must be to put the power plant maintenance programme back on track. CAPE TOWN - Mpho Makwana has been named as the new board chairperson of the beleaguered power utility, “The most urgent of which clearly is that the country wants some surety that that load shedding will be minimised, or eliminated, secondly that the collapse of or dysfunctionality in of some power units is something of the past,” Gordhan said. Makwana is currently also the chairperson of the Nedbank group.