Days of Zondo: Tangled tale of resignations, coal mines and costly contracts

South Africa News News

Days of Zondo: Tangled tale of resignations, coal mines and costly contracts
South Africa Latest News,South Africa Headlines
  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 84%

Days of Zondo: Tangled tale of resignations, coal mines and costly contracts By Jessica Bezuidenhout JessBezJourn

He said he had met the advisers on the first day, when Zwane was sworn in at the Union Buildings.He said he felt immediately marginalised and that the trio of advisers were now talking to staff in the department directly.

The Commission earlier heard testimony of how the DMR, during Zwane’s tenure, had added extra pressure on Glencore, the owner of Optimum Coal Mine, by slapping the company with several Section 54 notices, usually reserved for extremely serious safety breaches as they effectively shut down mining operations.

A few days before Mabaso instructed him to resign, Ramontja said he received a letter, signed by Eskom’s then head of generation, Matshela Koko. It effectively painted a dire picture to Ramontja, that three of Eskom’s power stations, Hendrina, Arnot and Komati, were at risk as a result. That the DMR had already requested an urgent meeting with the Competition Commission to plead and explain the urgency with which a sale of Optimum must be treated as it is a special case, given the consequences for the country. Again, Koko had made no such request.

The magic bullet in the draft response signed by Ramontja – again without such a request featuring in Koko’s letter – was for Eskom to put up a R600-million prepayment for coal to the “new owners” to help them honour the remainder of the coal supply deal with the parastatal. Although the department at times did resort to unconventional methods to save jobs, it had no business doing this, Ramontja said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

dailymaverick /  🏆 3. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Days of Zondo: The ‘vile and venom’ of Moyane vs Gordhan meets ZondoDays of Zondo: The ‘vile and venom’ of Moyane vs Gordhan meets ZondoState Capture Commission was urged not to allow itself to be used as another forum to 'console', 'rehabilitate' former SARS Commissioner Tom Moyane in his bid to cross-examine Cabinet Minister, Pravin Gordhan who had implicated him before the Commission.
Read more »

Days of Zondo: Eskom’s fault lines run deeper than the Guptas’ Dubai clubDays of Zondo: Eskom’s fault lines run deeper than the Guptas’ Dubai clubNotwithstanding a climate of fear and apparent extreme regard for orders from above, Eskom technocrats have found themselves being grilled at the State Capture Commission on whether they did enough to flag or block dodgy instructions from higher-ups like former acting CEO, Matshela Koko, or then CFO, Anoj Singh.
Read more »

Days of Zondo: Emails show Tegeta tailored Eskom letter for Brakfontein coal dealDays of Zondo: Emails show Tegeta tailored Eskom letter for Brakfontein coal dealThe Gupta-owned Tegeta edited an Eskom letter that outlined provisional terms of a contract still under negotiation, striking out key protection clauses for the parastatal, and then, sent it back to Eskom for a signature.
Read more »

DAYS OF ZONDO: Standard Bank presents records of alleged money laundering operation involving Gupta-linked entitiesDAYS OF ZONDO: Standard Bank presents records of alleged money laundering operation involving Gupta-linked entitiesStandard Bank revealed sensational ‘kickback’ admission letter from Regiments Capital and nearly a year’s worth of clients’ bank statements, including the notorious Gupta-linked letterbox company, Homix.
Read more »

Zondo commission to hear Moyane application to cross-examine Minister GordhanZondo commission to hear Moyane application to cross-examine Minister GordhanThe minister is opposed, apparently because the former revenue boss is supporting the EFF's political campaign against him.
Read more »

Guptas used web of companies in huge cash cover-up, Zondo probe hearsGuptas used web of companies in huge cash cover-up, Zondo probe hearsAccount records from Standard Bank have revealed an intricate web of alleged money-laundering, through which hundreds of millions of rand from state-owned entities were siphoned to small Gupta-linked shell companies.
Read more »

Moyane bid to grill Gordhan to be heard at Zondo commission | News | National | M&GMoyane bid to grill Gordhan to be heard at Zondo commission | News | National | M&GThe Zondo commission continues on Wednesday, with an application by erstwhile Sars boss Tom Moyane to cross-examine Public Enterprises Minister Pravin Gordhan.
Read more »

Eskom managers failed to stand up to wrongdoing – ZondoEskom managers failed to stand up to wrongdoing – ZondoEskom’s contracts manager Gert Opperman told the inquiry he couldn't go against orders as 'Koko's management style was threatening'.
Read more »

Zondo concerned by abuse of power to coerce Eskom employees to sign dealsZondo concerned by abuse of power to coerce Eskom employees to sign deals
Read more »



Render Time: 2025-02-25 11:54:44