With the proposed unbundling of power utility Eskom, there has been public speculation that billionaire Patrice Motsepe's compnay would benefit from the deals.
He held a press conference and EWN's Kgomotso Modise reports on what happened.
She says the chief executive of African Rainbow Energy & Power Brian Dames hosted most of the press briefing.
Motsepe says having relatives in high positions in government justifiably raises perceptions of favouritism or improper conduct.
He has made it clear that he has never supported the privatisation of Eskom.
He says African Rainbow Energy and Power or any company he is associated with, will therefore not participate or be part of any sale or disposal of any entities or assets of Eskom.
Listen to EWN's Kgomotso Modise below: