Outrage — including disgust on the part of the ANC — has greeted the cynical and expedient reappointment of disgraced former CE Brian Molefe to Eskom. It looks like another move in the Zupta state capture enterprise, with an unaffordable nuclear programme now back in sight. But how long can Molefe remain? Less than six months ago on November 3, Molefe wept during Eskom’s results presentation over what he believed were desperately unfair findings in former public protector Thuli Madonsela’s "State of Capture" report. It revealed that Molefe had spoken to members of the Gupta family 58 times in eight months, while Eskom was falling over itself to cut corners to help the influential family. Then, on November 11, Molefe quit, saying he felt it was "in the interests of good corporate governance". He would leave to clear his name. Now, a few months later, he is back — and if anything, the cloud over his name has darkened, as a draft report prepared by PwC for national treasury concluded t...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.