POLITICAL WEEK AHEAD: Ramaphosa to answer Eskom questions in the National Assembly
Inquiry into state capture at the power utility continues
Eskom is likely to dominate the week ahead: President Cyril Ramaphosa will have to answer questions about the company when he appears in parliament this week, while the state-capture commission of inquiry will continue its hearings into corruption at the ailing power utility. The commission, headed by deputy chief justice Raymond Zondo, will on Monday hear testimony from Sincedile Shweni, a specialist on funding execution in Eskom’s treasury department. Eskom was one of the state-owned entities at the heart of the state-capture project. Jabu Mabuza, chair of the Eskom board, told the commission the utility was the “main theatre” for state capture. Mabuza and his board were appointed as part of the clean-up at the utility, which has a R419bn debt it cannot service through its revenue. The government announced in February it will support Eskom with R23bn a year for three years, rising to R150bn over 10 years to shore up the utility’s balance sheet. Finance minister Tito Mboweni said t...
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