S.A minister tells Eskom to release coal contracts report - CNBC Africa

S.A minister tells Eskom to release coal contracts report

Southern Africa

by Reuters 0

Matinmba, Limpopo. Picture: Wikipedia

South African Public Enterprises Minister Lynne Brown said on Tuesday she had asked power utility Eskom to immediately provide a report required by the Treasury, which is investigating the utility's coal contracts.

Brown said she was concerned a public row between the Treasury and Eskom could lead to the utility being downgraded by credit rating agencies.

The Treasury on Monday accused Eskom executives of blocking the probe, but Eskom said it was cooperating in the investigations.

 

(Reporting by James Macharia; Editing by Ed Cropley)

 

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