State Capture Inquiry

State capture evidence shows Tegeta dictated terms for Eskom business agreement

Acting senior general manager for Primary Energy Division at Eskom Daniel Mashigo has taken the stand at the Zondo Commission of Inquiry into State Capture on Tuesday.

READ: 'It is clear that there are operational and technical challenges within Eskom'

EWN reporter Clement Manyathela who is at the inquiry says Mashigo has dealt extensively with Eskom's supply of coal from the Tageta-owned Brakfontein Mine.

What we have heard from the commission so far is that he has been explaining how they are able to test the coal that is supplied by Eskom.

Clement Manyathela, Reporter - EWN

What is interesting is what Advocate Kate Hofmeyer, who is the inquiry's evidence leader, had to say about some of the coal that was coming from Eskom and the kind of deals that the Gupta family had.

Clement Manyathela, Reporter - EWN

And what she says is that at the commission, there is evidence that shows that the Gupta owned Tegeta dictated the terms for a business agreement with Eskom and got the utility to sign that agreement without any financial due diligence.

Clement Manyathela, Reporter - EWN

Listen below to the full interview:


Recommended

by NEWSROOM AI
Read More
 'It is clear that there are operational and technical challenges within Eskom'

'It is clear that there are operational and technical challenges within Eskom'

CEO of the SAIEE Sicelo Xulu gives his assessment on the utility and its mounting problems.

Mabuza testifies Koko distributed confidential and classified Eskom files

Mabuza testifies Koko distributed confidential and classified Eskom files

EWN reporter Clement Manyathela says Eskom board chair Mabuza is sharing details on Koko charges at the state capture inquiry.

'State capture and corruption remain to be the cancer that needs to be removed'

'State capture and corruption remain to be the cancer that needs to be removed'

Pravin Gordhan reflected honestly on some of the challenges facing Eskom and that South Africans should prepare themselves.

Eskom files criminal charges against Gupta-linked Tegeta

Eskom files criminal charges against Gupta-linked Tegeta

Testifying at the Zondo Commission, Eskom's Jabu Mabuza said utility was 'the main theatre for corruption and state capture'.

Reports that Eskom has put the army and police on standby are disturbing - Numsa

Reports that Eskom has put the army and police on standby are disturbing - Numsa

There are reports of a possible pushback from unions over potential retrenchments.

 'In this area, the DA has failed on every metric of good local governance'

'In this area, the DA has failed on every metric of good local governance'

Daily Maverick associate editor Ferial Haffajee says they have been investigating how the DA leads in local communities.

[LISTEN] Here's what Eusebius loved and hated about Budget 2019

[LISTEN] Here's what Eusebius loved and hated about Budget 2019

'While the budget was honest, I feel for me and you as SA Inc remains in deep trouble' opines Eusebius McKaiser.

The last ten years were disastrous and catastrophic - Bonang Mohale

The last ten years were disastrous and catastrophic - Bonang Mohale

Mohale says the finance minister hit the right notes in his Budget Speech given the damage caused by the previous administration.

'Eskom wont be privatised, but strategic private players will be brought in'

'Eskom wont be privatised, but strategic private players will be brought in'

National Treasury DG Dondo Mogajane weighs in on Mboweni's budget and what it means for rating agencies.

Eskom's R69 billion lifeline may help keep tariffs down, says energy analyst

Eskom's R69 billion lifeline may help keep tariffs down, says energy analyst

The cash-strapped power utility will get R69 billion over the next three years, Finance Minister Tito Mboweni announced.

#Budget2019 "Do we really need SOEs?"

#Budget2019 "Do we really need SOEs?"

In his first budget speech, Tito Mboweni pledged a conditional R23bn a year for Eskom and a pay freeze for MPs and MPLs.

Top reasons why Tito Mboweni's Budget will be one of SA's toughest to date

Top reasons why Tito Mboweni's Budget will be one of SA's toughest to date

Finance Minister Tito Mboweni will on Wednesday present what’s being dubbed the most difficult Budget speech in the past decade.

Bosasa trading as African Global Operations to be liquidated

Bosasa trading as African Global Operations to be liquidated

Two banks took a decision to close down Bosasa's bank accounts forcing the company to go under voluntary liquidation.

Eskom in need of structural reform, says energy expert

Eskom in need of structural reform, says energy expert

Experts discuss President Cyril Ramaphosa’s plans to change the structure and business model at the power utility.

Suspicions of sabotage see beefed up security at Eskom key facilities

Suspicions of sabotage see beefed up security at Eskom key facilities

Government is concerned that sabotage within Eskom may have been the reason for load shedding.

McBride's testimony could implicate MPs in state capture

McBride's testimony could implicate MPs in state capture

Ipid boss Robert McBride is expected to implicate 30 high profile individuals including Members of Parliament in his testimony.

Popular articles
Affordable housing, social housing, gap housing - how it works

Affordable housing, social housing, gap housing - how it works

We need to understand the principle of affordable housing versus social housing - versus gap housing.

Which commercials gave bang for buck and which ones bummed this week?

Which commercials gave bang for buck and which ones bummed this week?

An advertising and branding expert chooses his favourite and least favourite advertisements of the week.

Edcon chief intervenes on Twitter, does what bosses should do

Edcon chief intervenes on Twitter, does what bosses should do

When should a company chief jump in on social media when there's a problem with his company's service delivery?

Development Bank throws SAA a lifeline

Development Bank throws SAA a lifeline

SAA has secured R3.5 billion in loan from the Development Bank of Southern Africa, needed to run the airline during the business rescue process.

Is it tickets for Cell C after defaulting on repayments on a R2.7-billion loan?

Is it tickets for Cell C after defaulting on repayments on a R2.7-billion loan?

Cell C cannot pay its debts. The company has defaulted on the payment of interest on a US$184-million loan.

'I wonder when they are going to start raiding the pension funds to support SAA'

'I wonder when they are going to start raiding the pension funds to support SAA'

SA Flyer Magazine editor Guy Leitch gives his take as Development Bank of Southern Africa pledges R3.5bn funding.

South Africa could face a shortage of red meat due to Eastern Cape drought

South Africa could face a shortage of red meat due to Eastern Cape drought

Agri Eastern Cape president Doug Stern says the province carries a third of the country's livestock numbers.

Why white is South Africa's preferred car colour

Why white is South Africa's preferred car colour

Joanne Joseph spoke to AutoTrader CEO George Mienie to find out.

 [LISTEN] Gory details of how Laticia Jansen's body was found laid bare

[LISTEN] Gory details of how Laticia Jansen's body was found laid bare

Community development worker Mmakwena Ramashu says the grandmother approached her after police and the school did not assist her.

 UKZN says students must sign acknowledgement of debt form before registering

UKZN says students must sign acknowledgement of debt form before registering

Eyewitness News reporter Nkosikhona Duma has more on the story.