When Pravin Gordhan was appointed minister of public enterprises in February 2018, Eskom was at the centre of a state that had been captured to benefit the pockets of a small group of people in business and the government.

Good financial management had long been absent from Megawatt Park. An ageing power infrastructure was crippled by insufficient maintenance, the power utility’s workforce was bloated, and two new coal-fired megaprojects had both busted the budget and missed their completion deadlines...

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.