16 January 2018

South Africa: DA Calls On Eskom Inquiry to Reconvene Urgently Following JSE Threat to Suspend Bonds

press release

The DA will write to the Chairperson of the Parliamentary Inquiry into Eskom, Ms Zukiswa Rantho, to request that the Eskom Inquiry be reconvened urgently, following reports today that the JSE could possibly suspend Eskom's bonds by the end of January.

Eskom has reportedly failed to publish its six-month interim results by the December 2017 deadline, as required by the JSE. The JSE has now threatened to suspend all Eskom bonds.

It is clear that operations at the power utility continue to disintegrate with each passing day, and that there is a lack of decisive leadership at the helm of the parastatal.

Members of the Parliamentary Inquiry have not yet received any confirmation as to when the Inquiry is set to reconvene and it is now clear that there is still a lot of work that is to be done.

We need to get back to business no later than next week to prevent the complete collapse of Eskom.

The DA remains committed to rooting out the corruption at state-owned enterprises, especially those that have been crippled by the Guptas and their henchmen.

Natasha Mazzone MP

DA Shadow Minister of Public Enterprises

South Africa

Firm Headed By Former DA Heavyweights to Net R650k for Cape Town Drought Communication

A public relations firm headed by former Democratic Alliance (DA) leader Tony Leon and communications director Nick… Read more »

Copyright © 2018 Democratic Alliance. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 600 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.