'Freeman Nomvalo is an ANC insider, that is how Mboweni and Gordhan know him'

Minister of Public Enterprises Pravin Gordhan announced the appointment of the South African Institute of Chartered Accountants CEO Freeman Nomvalo as Eskom's chief restructuring officer on Tuesday.

Gordhan also appointed Eskom board chairperson Jabu Mabuza as the power utility’s interim CEO for the next three months after Phakamani Hadebe quit.

John Maytham speaks to The Daily Maverick associate editor Sikonathi Mantshantsha about the appointments.

Freeman Nomvalo comes from the old tradition of the National Treasury in the new South Africa. He was among the young people who were sent to the Goldman School by the ANC.

Sikonathi Mantshantsha, Associate editor at Scorpio - The Daily Maverick Investigative Unit 

RELATED: Jabu Mabuza appointed Eskom acting CEO

He started his life as an accountant for the ANC. He is an ANC insider and that is how Tito Mboweni and Pravin Gordhan met him back then in the 90s.

Sikonathi Mantshantsha, Associate editor at Scorpio - The Daily Maverick Investigative Unit 

Mboweni and Gordhan agreed on a man they can both trust, a man they know so well from their Treasury days.

Sikonathi Mantshantsha, Associate editor at Scorpio - The Daily Maverick Investigative Unit 

Listen to the full interview below...


This article first appeared on CapeTalk : 'Freeman Nomvalo is an ANC insider, that is how Mboweni and Gordhan know him'


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