Business Leadership SA suspends Eskom and Transnet for ‘extensive’ claims of corruption
State-owned companies Eskom and Transnet have been suspended as members of Business Leadership SA (BLSA) "with immediate effect", as part of the business organisation’s strong stand against corruption. The two companies, which have allegedly entered into a number of corrupt contracts, join KPMG in being suspended as a member of BLSA. The suspension entails considerable reputational damage as these companies are excluded from a business forum that represents 80 leading companies. BLSA said the suspensions of Eskom and Transnet followed its engagement with the two companies "in connection with extensive allegations of corrupt behaviour over a long period".
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.