... because the price of coal that Eskom pays is way too high and has led to Eskom's collapse. To normalise the situation at Eskom we must recommend that all coal suppliers must pay the price as recommended by the National Energy Regulator, Nersa. If mining companies do not want to pay the price as recommended by Nersa, the state-owned company, African Exploration Mining and Finance Corporation, must take over the mines, and supply coal to Eskom and export the surplus.
A state-owned mining company must be the one supplying the majority of coal to Eskom. We must reject the privatisation of Eskom. If we allow the privatisation of Eskom, we are practically giving away our coal mines to private companies, and in future those companies will
prioritise coal exports and we will be left without enough quality coal, as is the case right now.
Government was allowed to abuse processes of Parliament and illegally withdrew the Mineral and Petroleum Resources Development Amendment, MPRDA, Bill. It was wrong and we should condemn it here in Parliament. We should recommend a committee Bill to make sure that the MPRDA is back in Parliament and is passed into law. The EFF rejects this Budget Review and Recommendation Report. [Applause.]