CNBC Africa brings you all the highlights from Day 2 of former President Jacob Zuma’s testimony at the Commission of Inquiry into State Capture, during which questions were raised over the unfair questions being asked, his relationship with the Guptas and cabinet reshuffles.
Ted Blom, Partner at Mining and Energy Advisory joins CNBC Africa to dig deeper into the problems at Eskom.
The auditor’s South African unit has been under close scrutiny since 2017 over work done for a company owned by the Gupta brothers.
Finance Minister Nhlanhla Nene received backlash after admitting to visiting the home of the Gupta brothers.
Finance Minister Nhlanhla Nene has apologised to South Africans for meeting the controversial Gupta family between 2009 and 2014. Over and above the meetings, it was also reported that a business partner of Nene's son had scored millions of rand in a questionable investment by the Public Investment Corporation in Mozambique. In his statement, Nene called on anyone with evidence to hand it to the commission of inquiry into state capture. CNBC Africa's Karabo Letlhatlha shares more insight.
South Africa’s Finance Minister Nhlanhla Nene was giving testimony at the State Capture Commission of Inquiry.