The EFF on Thursday urged Eskom not to "retreat on the demand that Exxaro must be empowered at a minimum of 51%". This came in the wake of Exxaro Resources‚ Eskom’s biggest black-owned coal supplier‚ receiving the green light from its shareholders at a recent meeting for the first step in a transaction that will see its black ownership slip to 30% from above 50%‚ staring down pressure from Eskom. The report of the move in Business Day on Tuesday‚ prompted the utility’s acting CEO‚ Matshela Koko‚ to take to Twitter and post: "So Exxaro decides to show @Eskom–SA a finger instead of radically transforming and has no decency to even engage on this matter." Koko would have an ally in the Red Berets’ Mbuyiseni Ndlozi‚ who said: "The EFF supports Eskom on Exxaro 51% black ownership. We believe Eskom 51% black ownership policy must be strictly applicable to all Eskom suppliers‚ with the aim of making sure that all Eskom suppliers are minimum owned 50% by indigenous black South Africans." He...
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