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Brown addresses SA after Eskom AGM - as it happened

Public Enterprises Minister Lynne Brown. (Pic: Gallo Images)
Public Enterprises Minister Lynne Brown. (Pic: Gallo Images)
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23 Jun 2017

Briefing concludes due to minister having other commitments.

23 Jun 2017

Eskom official: the issue of the R2.1bn summons was to stay prescription.

23 Jun 2017

Brown: If they are involved in for instance the Tegeta matter and there is something untoward in the procedure, they will bring it to me.

23 Jun 2017

Brown: The reports tell me what the financial position is and what they are involved in arbitration. I focus on the sustainability of the company and governance issues. I do not focus on operational details.

23 Jun 2017

Brown: I am not involved in the tendering process as the shareholder. But if something untoward I will go and check. Every quarter I get a report.

23 Jun 2017

Brown: I never go to a board meeting.

23 Jun 2017

Brown: There is confusion about the different roles - I represent government as the shareholder over Eskom. I appoint a board. If there are arbitration laws linked to the operations of the company the board and execs will deal with it.

23 Jun 2017

Question: Why did Eskom reverse its very firm stance about the fine and go for arbitration?

23 Jun 2017

Brown: I have to abide by the law and am not sure what the detail of that is. At the moment I have  no opinion regarding if I can overstep the arbitration. But I can assure you I will not act outside the law.

23 Jun 2017

Eskom official: Rules of arbitration apply and that is why there is a confidentiality clause.

23 Jun 2017

Brown: Treasury has the right to look at PFMA applications and gives me the right to do the same. Then we approve or disapprove or approve with conditions.

23 Jun 2017

Brown: I cannot speak for Dr Ngubane.

23 Jun 2017

ANN7: Minister allegations made about Treasury interference with procurement at Eskom - do you know about that?

23 Jun 2017

Eskom CFO Anoj Singh: With regards to the Exxaro contract, it has come to an end.

23 Jun 2017

Brown: I come from the Cape. I sometimes sound like I am having an argument with people and then I am just being gentle and sweet.

23 Jun 2017

Brown: Mr Koko is also a permanent employee of Eskom but Mr Dladla is the acting CE.

23 Jun 2017

Brown: We can only re-advertise when the labour matter is heard. It is many things - the board also has to put people in governance committee to have the advert written.

23 Jun 2017

Brown: Mr Dladla is a permanent employee of Eskom - he has to go through a process - my view is the process where we had an advert out for CE and then in the middle of that Mr Molefe got appointed - we are taking legal advice but I believe it should be null and void.

23 Jun 2017

Brown: I think the matter is in the public interest and I don't want to give you a half baked answer. But I will give you an answer.

23 Jun 2017

Brown: This thing about ANN7 it is probably a question I have for all media - where do you get the information?

23 Jun 2017

Brown: Remember I am not operational so I can't tell the detail of any contract.

23 Jun 2017

Brown: Let me go through the report and let the acting CE tell me what action they will be taking and then we will look at it. His current status is that he is being asked to take leave (Koko?)

23 Jun 2017

Brown: With regard to the Matshela Koko investigation being made public: I will wait for the board to bring it to me so I can read it.

23 Jun 2017

Brown: About Exxaro - it is an operational issue - and so I think the acting CE must get someone to answer that.

23 Jun 2017

Brown: One of them also has nuclear - studied nuclear energy.

23 Jun 2017

Brown: One comes with strong financial management experience - when I think off the top of my head.

23 Jun 2017

Brown: Two of them are young scientists.

23 Jun 2017

Brown: I want to give an update on the board members, but I can't tell you which one's names there are - I wanted people with green energy experience for instance.

23 Jun 2017

Chris Yelland: How does ANN7 get advance information? Are they related to the Guptas?

23 Jun 2017

Dladla: We will look at what Eskom is to do to drive the economy of SA.

23 Jun 2017

Dladla: We will be building confidence based on what we build as a good base. We are faced with a number of challenges not only in Eskom but in SA itself.

23 Jun 2017

Acting Eskom CEO Johnny Dladla: Top of my list is to engage with organised labour, among others. I am not a political animal - I leave that with our shareholder.

23 Jun 2017

Brown: Eskom has responded to the Treasury report and now we await the final report.

23 Jun 2017

Brown: In about a month's time I should be able to have a further answer.

23 Jun 2017

Brown: So I took it to the employment committee and the interim members have been ok'd by them.

23 Jun 2017

Brown: I could not operate with four board members.

23 Jun 2017

Brown: In the end we compile a short list, which goes to the economic cluster in Cabinet and then to Cabinet.

23 Jun 2017

Brown: The unit shortlists until they have names they can bring to me - about 15 to 20 names. Then we look at the criteria again and then those best qualified - there was even someone who was a cashier at Shoprite who applied for the job!

23 Jun 2017

Brown: So we must cover a number of areas. You must have people who can take care of their fiduciary duties.

23 Jun 2017

Brown: They need global electricity knowledge and energy knowledge of SA.

23 Jun 2017

Brown: They sift through the names - and remember we have a set of criteria from the Companies Act on duties of execs.

23 Jun 2017

Brown: People then apply and then it goes to the legal and governance and risk unit in the department before it comes to me.

23 Jun 2017

Brown: I don't know about whether Mr Dladla has been introduced to the Guptas. The issue is that we have a lengthy process - an advert goes out - it went out in August I think.

23 Jun 2017

Brown: I wanted to give SA someone who was not conflicted by having applied for the job and who has not been named in the media. I think I have made a very good choice.

23 Jun 2017

Brown: I awaited for the board to bring me two names and I eventually made a decision.

23 Jun 2017

Brown: Many of the executives applied for the position before Brian Molefe was appointed.

23 Jun 2017

Brown: It is quite a complex process to appoint a new CEO.

23 Jun 2017

Eskom company secretary Suzanne Daniels: Eskom and Optimum have concluded an arbitration agreement settlement but will not disclose details as there was a confidentiality clause.
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