DA wants answers on Eskom’s WEF sponsorship

2015-01-20 14:14

The Democratic Alliance has welcomed Eskom’s cancellation of its participation at the World Economic Forum in Davos, Switzerland.

“Though we welcome the cancellation of the WEF trip, Eskom is now claiming not to be a sponsor of the Davos event when reports state otherwise,” Natasha Michael, DA spokesperson on public enterprises, said today.

“To this end, I will still be submitting parliamentary questions regarding the costs of Eskom’s involvement with the WEF and the costs of any existing sponsorship agreements.”

She said Eskom required its leadership to be situated firmly in the driver’s seat and not thousands of kilometres away discussing issues that were of no apparent operational or institutional value to Eskom.

“Attendance of the WEF by the executives would have been complete hypocrisy as Eskom is on the immediate brink of bankruptcy and the nation’s electricity supply is intermittent.”

Eskom announced yesterday that it had withdrawn its participation at the World Economic Forum.

“It is important to note that the chief executive of Eskom Mr Tshediso Matona’s attendance had already been cancelled on January 9 at his own discretion – prior to questions being asked about Eskom’s attendance at Davos,” the power utility said.

“At that time, only the chairperson, Mr Zola Tsotsi, and the group executive for sustainability, Dr Steve Lennon, were confirmed to go.

“We have taken note of the public concern and have withdrawn our participation accordingly. Mr Tsotsi and Dr Lennon will therefore not be attending the meeting in Davos.”

Eskom said it was a global business and its long-term sustainability was as important as the immediate issues it was facing.

Engaging with global leaders, energy experts, investors, funders, original equipment manufacturers and maintaining an international profile was part of ensuring this long-term sustainability.

“It is for this reason that Eskom has a long-standing relationship with the WEF. The WEF’s assistance in forging partnerships in areas as diverse as climate change, anticorruption, universal energy access, innovation and funding has been invaluable.”

Eskom said it reviewed its participation at the World Economic Forum and other relevant global events on an annual basis and would make a determination based on business priorities, and the need to remain relevant and up to date in both the national and international context.

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24


Book flights

Compare, Book, Fly

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.