ESKOM TENDERS
Tribunal dismisses appeal against collusion in R240m Eskom tender
The Competition Tribunal has refused an application to dismiss a complaint against companies accused of collusion involving an Eskom tender worth R240m, for the supply of goods at 15 Eskom power stations. This was after the Competition Commission had launched an investigation following a complaint lodged by the power utility in March 2016, while Brian Molefe was still its head. A year later Eskom, then led by interim CEO Matshela Koko, decided to withdraw the complaint but the commission went ahead with its probe. Eskom is one of the state-owned entities embroiled in allegations of corruption and the state capture project. It has also found itself in financial difficulty, with its annual results in July revealing a loss for the year of R2.3bn at group level. Auditors flagged both the going-concern status and irregular expenditure of R19.6bn, resulting in a qualified audit. The Competition Commission found that a company, Waco Africa (Pty) Ltd, through its division SGB Cape, had conc...
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