• Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

  • The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

All data is delayed
Loading...
See More

Gordhan to crack whip on Eskom coal-supply deals - report

Feb 21 2016 17:29
Amogelang Mbatha

Johannesburg - Finance Minister Pravin Gordhan will order the National Treasury to scrutinise all the coal supply contracts awarded by Eskom, the Sunday Times newspaper reported, citing unidentified sources.

“If it is true we will await a directive from the Treasury," Khulu Phasiwe, an Eskom spokesperson, said by phone on Sunday.

“At this stage I am not aware of any request. If the Treasury would like information about the coal contracts we have, we will make the information available.”

State-owned electricity provider Eskom is building two coal-fired power plants and a hydro-power complex as well as renewable energy plants to help reduce rolling power cuts that were implemented due to inadequate generation capacity.

Treasury spokesperson Phumza Macanda didn’t respond to phone calls by Bloomberg News.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

treasury  |  eskom  |  coal

 
 
 
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...