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Brian Molefe: Glencore tainted us as Gupta people becau...

April 2015, shortly after Brian Molefe was seconded as Transnet CEO to Eskom, the power utility’s board discussed its cooperation agreement with Optimum Coal Mine (OCM) that sought to address OCM’s struggles. The mine was producing coal for Eskom below cost, at around R150 per ton, and was likely to close unless it could secure a higher price. In 2013, OCM had approached the arbitrator in an attempt to raise its price, but then backed down and agreed to work with Eskom to solve its dispute....
South Africa Ajay Gupta Gupta Tegeta Cyril Ramaphosa Justice Raymond Zondo Duduzane Zuma

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