Lynne Brown is in big trouble. She must lead, but she can’t. She must clean up the mess of corruption that has been breeding at the state-owned companies that fall under her political purview. The public enterprises minister has not only had oversight at Eskom, Transnet and Denel, where corruption has plunged the whole country into junk status; she seems to have been an enabler. Now the beast of corruption has become so big that it is threatening to swallow her alive. That’s what happens when you overfeed it. Brown’s biggest headache will be how to deal with Matshela Koko, the Eskom executive who remains on a leave of absence while the utility contemplates his fate. Koko, acting chief executive for the six months to May, was asked to take leave after further allegations of impropriety against him surfaced in March.He is accused of irregularly awarding multimillion-rand contracts to Impulse International, a company in which his stepdaughter owns shares. He did this without disclosing...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.