Bruce's List
Molefe breaks wind, becomes a renewable
Bruce’s List: A daily guide to informed reads.Poor Brian Molefe. The Eskom CEO is in a semipermanent state of rage. He fixes the lights and what happens? People carry on complaining about the Guptas. Molefe likes the Guptas. He doesn’t think they’ve done anything wrong. But he’s mad as hell at Andrew Canter, the Futuregrowth chief investment officer who recently placed Eskom on watch for its corporate governance and then announced he wouldn’t be investing any more of his clients’ money in coal-fired power until it cleaned up its act. Anyone who knows how short-tempered Molefe is would have been expecting a blow-out and it came, spectacularly, yesterday, after an Eskom briefing to the National Council of Provinces in Cape Town. Canter, said Molefe, was a “raving lunatic” and/or an “idiotic imbecile from the lunatic fringe”. That last bit was about Canter’s decision not to fund coal, but what really got to Molefe was the implied criticism in Canter’s original decision that Eskom’s cor...
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