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Public Enterprises
Eskom Inquiry: Tsholofelo Molefe; Suzanne Daniels
8 Nov 2017
Documents Handed Out: Submission prepared by: Tsholofelo Molefe [awaited]
The Committee heard from its first witness for the day, Tsholofelo Molefe, who was the former Director of Finance at Eskom. She was suspended by the board of Eskom in 2014 along with three other executives. The evidence leader took the Committee through ...
Public Enterprises
Eskom Inquiry: Tshediso Matona & Erica Johnson
7 Nov 2017
Documents handed out: Mr Tshediso Matona statement [awaited]
The Committee heard evidence from former Eskom executives, Mr Tshediso Matona, former Eskom CEO, and Ms Erica Johnson, former Group Executive for Enterprise Development.
Mr Matona joined Eskom after serving as Director General at Trade and Industry and Department Public Enterprises as a ...
Public Enterprises
Corporate governance in Eskom - Trillian (in camera)
3 Nov 2017
Ms Bianca Goodson who served as the CEO of Trillian Management Consulting (TMC) from 1 January 2016 to 19 March 2016 gave evidence.
Ms Goodson informed the Committee that TMC did not do any billable work from its inception until 1 March 2016. TMC only had two employees for that ...
Public Enterprises
Corporate governance in Eskom – How Optimum coal mine was purchased
1 Nov 2017
Mr Piers Marsden appeared as witness. Mr Marsden and Mr Petrus van den Steen were appointed as business rescue practitioners on the 4 August 2015 for Optimum Coal Holdings (OCH), as well as Optimum Coal Mine (OCM).
Before and during the business rescue process, unsolicited approaches to purchase OCM were ...
Public Enterprises
Corporate governance in Eskom - Trillian
31 Oct 2017
The Committee continued its inquiry into the mismanagement of funds in State Owned Enterprises (SOEs). Ms Mosilo Mothepu appeared as a witness. She worked at Regiments Capital from 2007 to 2010 in the Advisory Division, and then was reappointed as a Principal at Regiments Capital on 15 June 2015. She ...
Public Enterprises
Election of Chairperson; Public Enterprises Budgetary Review and Recommendations Report
25 Oct 2017
Documents handed out: Public Enterprises Budgetary Review Recommendations Report [available once published Tabled Committee Reports]
The Committee elected Ms L Mnganga-Gcabashe (ANC) as Chairperson of the Committee. At the same time, the Committee also agreed that the Ms D Rantho (ANC) who had been Acting Chairperson of the Committee would ...
Public Enterprises
Eskom Inquiry: Pension Fund hearing about Molefe R30 million payout
20 Oct 2017
The Eskom Pension and Provident Fund (EPPF) Chairperson and CEO appeared at the Eskom Inquiry to answer questions about the pension payout of the former Eskom CEO, Mr Brian Molefe.
The Chairperson said that the Committee needed to understand the circumstances under which the pension payment of Mr Brian Molefe ...
Public Enterprises
Corporate Governance at Eskom; “Who is who in the Zoo”
18 Oct 2017
The Committee was briefed by the former CEO of Eskom, Mr Brian Dames, and Mr Ted Blom, Energy Analyst and Energy Head at the Organisation Undoing Tax Abuse (OUTA), who was also a former Eskom employee.
Mr Dames commended the Committee for the inquiry but said that it was too ...
Public Enterprises
Eskom Inquiry Reference Book: briefing by UCT State Capacity Research Project
17 Oct 2017
The Committee was briefed by Prof Anton Eberhard, a Research Professor at the University of Cape Town's Graduate School of Business whom along with his colleague Ms Catrina Godinho authored the booklet Eskom Inquiry Reference Book. The Reference Book aimed at providing a fact-based account of instances of governance failure ...
Public Enterprises
Department of Public Enterprises 2016/17 Annual Report, with AGSA input
4 Oct 2017
Annual Reports 2016/17
Auditor General South Africa (AGSA) noted the Department of Public Enterprises (DPE) achieved a clean audit, Eskom was qualified and SAFCOL, Transnet, Alexkor and Denel were unqualified with findings. SA Express was still being audited due to its late submission of financial statements. DPE had improved but ...