for subscribers

Treasury studying Eskom's report on Tegeta

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!


He and other ministers of the economic cluster were responding to oral questions on their departments in parliament on Wednesday when IFP member Narend Singh asked Gordhan about Eskom and its defence of the contract with Tegeta coal – a company that is owned by the Guptas.

“I don’t know,” Gordhan said. “Mr (Brian) Molefe (CEO of Eskom) is defending his position as far as this family (the Guptas) is concerned. The best person to answer your question is Mr Molefe himself,” Gordhan said.

He confirmed that National Treasury did indeed receive Eskom’s report on Tegeta coal on and is currently studying the report.

Read Fin24's top stories trending on Twitter:

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
17.57
(+0.47)
ZAR/GBP
23.03
(+0.49)
ZAR/EUR
20.73
(+0.21)
ZAR/AUD
12.62
(+0.30)
ZAR/JPY
0.17
(+0.78)
Gold
1985.60
(-2.07)
Silver
28.15
(-3.09)
Platinum
972.00
(-1.22)
Brent Crude
44.95
(+1.33)
Palladium
2200.00
(-1.28)
All Share
57403.04
(+1.14)
Top 40
53067.77
(+1.21)
Financial 15
10089.50
(+1.94)
Industrial 25
75227.68
(+0.74)
Resource 10
59876.45
(+1.57)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 947 votes
It depends on how the funds are used.
74% - 6319 votes
No. We should have gotten the loan elsewhere.
15% - 1300 votes
Vote