Parliament questions Eskom’s relationship with Gupta-linked Tegeta

The Eskom team was on form and singing from the same song sheet.

Gaye Davis, EWN

We asked Molefe if he was going to be the next Finance Minister. He said he can’t answer that.

Gaye Davis, EWN

Eskom CEO Brian Molefe says if he has been captured, it was by the Constitution and not the Gupta family.

Molefe was responding to questions from Members of Parliament (MPs) about Eskom’s relationship with the Gupta-linked company Tegeta and allegations of preferential treatment.

Earlier this week, Treasury said it had met with resistance from Eskom over its review of contracts but Eskom denied this, saying all the required documents were submitted by close of business on Tuesday.

Molefe, flanked by board chairperson Ben Ngubane and Eskom executives, strongly defended the parastatal’s business dealings with the Guptas in Parliament today.

He further claimed that the delay in getting Eskom’s response to Treasury’s questions was because it had asked for them to first go before the board.

However, the Eskom board is due to meet only on 21 September.

The Money Show’s Bruce Whitfield interviewed EWN reporter Gaye Davis, who was in Parliament on Wednesday.

Listen to the interview below.

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.


Recommended

by NEWSROOM AI
Read More
 Wealth strategies for small businesses - income or equity?

Wealth strategies for small businesses - income or equity?

Income or equity – what is the difference?

Is the US stock market heading for a crash like the DotCom bubble in 2000?

Is the US stock market heading for a crash like the DotCom bubble in 2000?

The US market has a big impact on all markets and when they get flu, South Africa sneezes.

Anglo American delivers 3.5-billion USD profit, declares final dividend

Anglo American delivers 3.5-billion USD profit, declares final dividend

Anglo American delivered a 2019 profit attributable to equity shareholders of 3.5-billion USD

Discovery Bank gives an update on the health of the new venture

Discovery Bank gives an update on the health of the new venture

Discovery is soothing investors' nerves after a warning earlier this week that it would report a double digits loss.

Read your documents before you sign the deal on your car or house!

Read your documents before you sign the deal on your car or house!

Wendy Knowler, consumer journalist, on the importance of carefully reading your documents when you buy assets.

Meet the Black Management Forum's New President

Meet the Black Management Forum's New President

The newly elected president of the Black Management Forum (BMF) is Andile Nomlala.

Popular articles
[WATCH] Kid completing an extreme backflip stunt has social media talking

[WATCH] Kid completing an extreme backflip stunt has social media talking

Khabazela shares some of the videos that went viral on Twitter and Facebook.

[WATCH] Syrian father teaching daughter how to cope through laughter goes viral

[WATCH] Syrian father teaching daughter how to cope through laughter goes viral

Khabazela shares some of the videos that went viral on Twitter and Facebook.

Lesotho's DPP to charge PM Thabane for murder of his second wife

Lesotho's DPP to charge PM Thabane for murder of his second wife

Deputy police commissioner Paseka Mokete says the prime minister is expected to appear in court to be charged on three counts.

 Wealth strategies for small businesses - income or equity?

Wealth strategies for small businesses - income or equity?

Income or equity – what is the difference?

Is the US stock market heading for a crash like the DotCom bubble in 2000?

Is the US stock market heading for a crash like the DotCom bubble in 2000?

The US market has a big impact on all markets and when they get flu, South Africa sneezes.

Anglo American delivers 3.5-billion USD profit, declares final dividend

Anglo American delivers 3.5-billion USD profit, declares final dividend

Anglo American delivered a 2019 profit attributable to equity shareholders of 3.5-billion USD

Discovery Bank gives an update on the health of the new venture

Discovery Bank gives an update on the health of the new venture

Discovery is soothing investors' nerves after a warning earlier this week that it would report a double digits loss.

iPhone upgrade locks Absa clients out of banking app

iPhone upgrade locks Absa clients out of banking app

Absa managing executive customer value management Christine Wu explains why and how you can solve it.

Mo Shaik says his resignation is merely 'technical', not a result of DA pressure

Mo Shaik says his resignation is merely 'technical', not a result of DA pressure

He has dismissed the Democratic Alliance's claims that he was pressured to resign as as a special advisor to Lindiwe Sisulu.

Uber drivers' earnings dropped drastically since 2013 - Competition Commission

Uber drivers' earnings dropped drastically since 2013 - Competition Commission

The observation was made in a preliminary report into land-based public passenger transport by the commission.