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Public Enterprises
Eskom Inquiry: Lynne Brown
22 Nov 2017
Ms Lynne Brown, Minister of Public Enterprises, attended the parliamentary inquiry and delivered a statement under oath about the capture of state-owned enterprises (SOEs). She said that her appearance before the parliamentary inquiry went against the advice of her legal advisers who had advised her to decline the invitation to ...
Public Enterprises
Eskom Inquiry: Zola Tsotsi
22 Nov 2017
Mr Zola Andile Tsotsi, former Eskom Board Chairperson, appeared as a witness. He read a sworn statement to the Committee. He noted that he had had problems in accessing certain information which would have better prepared him for the inquiry
Mr Tsotsi was questioned about:
• A meeting he attended ...
Public Enterprises
Eskom Inquiry: Venete Klein, Viroshini Naidoo, Brian Molefe
21 Nov 2017
The Committee invited Ms Venete Klein former Eskom board member to account about corporate governance at Eskom during her tenure as a board member and the chairperson of the people and governance board committee. Ms Klein joined Eskom at the time load shedding was at stage 3 costing the country ...
Public Enterprises
Eskom corporate governance inquiry: David Fine
15 Nov 2017
The Eskom Inquiry continued with a submission from Dr David Fine, Senior Partner at McKinsey and Company, who is currently based in London but was, previously, the Head of McKinsey in South Africa.
Before proceedings began, several Members registered their concerns about people who had begun to verbally attack the ...
Public Enterprises
Eskom Inquiry: Khulani Qoma
14 Nov 2017
The Committee heard evidence from Khulani Qoma, General Manager in the Office of the Eskom Board Chairperson, responsible for reputation management as well as board spokesperson. Mr Qoma explained that the objective of his role was to restore confidence in both Eskom and its Board by South Africans. It needed ...
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 ...