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NUM implicates Eskom in procurement corruption

MONEYWEB app instead? The union wants the SIU to investigate. 09:37  Image: Moneyweb The National Union of Mineworkers (NUM) has raised red flags over Eskom’s plan to raise the price it pays Australian mining company South32 to procure coal for its Duvha power station in Mpumalanga. The union claims the power utility plans to finance the sale of South32’s subsidiary, South African Energy Coal (SAEC), to mining company Seriti Resources. This will be done, according to NUM, through a coal price hike and through a R1.3 billion prepayment of coal supplies to South32 by Eskom. INSIDERGOLD Subscribe for full access to all our share and unit trust data tools, our award-winning articles, and support quality journalism in the process.

Leaking De Ruyter s affidavit countering racism claims was malicious and reckless, says Scopa chairman

Leaking De Ruyter’s affidavit countering racism claims was ‘malicious’ and reckless, says Scopa chairman Mail & Guardian he believes that the leaking of an affidavit submitted by Eskom group chief executive André de Ruyter, meant for the committee, was a “malicious” act. “This leak took us aback because it is malicious,” said Mkhuleko Hlengwa. It was “reckless and irresponsible” to leak the affidavit to the media, and could be seen as an attempt to derail the committee’s investigation, which was postponed last week.   News24, which has the affidavit, has reported that De Ruyter “hit back at allegations of racism and abuse of power … in an explosive 53-page affidavit forwarded to parliament this week”. 

Numsa has no faith in Eskom s de Ruyter racism probe

Numsa has no faith in Eskom s de Ruyter racism probe The investigations come after Eskom COO Solly Tshitangano alleged that de Ruyter subverted proper supply chain policies in order to make irregular appointments which he did not support as the chief procurement officer. FILE: Eskom CEO Andre de Ruyter at a briefing on 31 January 2020. Picture: Bonga Dlulane/EWN one hour ago JOHANNESBURG - Trade union Numsa said it was concerned that the investigation into Eskom Group CEO Andre de Ruyter by the board would be a sham. The investigations come after Eskom COO Solly Tshitangano alleged that de Ruyter subverted proper supply chain policies in order to make irregular appointments which he did not support as the chief procurement officer.

De Lille says SOEs should be drawn into land reform

De Lille says SOEs should be drawn into land reform By Mayibongwe Maqhina Share Cape Town - Public Works and Infrastructure Minister Patricia de Lille on Friday said the state-owned entities (SOEs) should be drawn into the land reform programme so that land could be released to help the government drive the land reform process. “We can t have SOEs just keeping land on the balance sheet but land is not used,” De Lille said. She made the statement when she was briefing the ad hoc committee tasked with amending the Constitution to allow for the expropriation of land without compensation.

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