How Eskom bailed out the Guptas

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Industry insider says parastatal’s deal with family’s company is ‘sleight of hand’ as coal is diverted from one power station and bought for a higher price at another

Eskom has quietly awarded a contract worth more than R564 million to a coal mining company owned by the Gupta family and President Jacob Zuma’s son Duduzane.

Two months after being awarded the lucrative contract, Tegeta Exploration and Resources appears to have performed a financial miracle.

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Two years after André de Ruyter joined Eskom, South Africa is experiencing its worst bout of load shedding. Is he to blame?
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No, he got in late
77% - 49 votes
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Fire the whole lot
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