Government's decision on Eskom an attempt to clamp down on information: Expert - SABC News

Eskom will be exempt from disclosing irregular expenditure not linked to criminal activity, for three years in its financial reports.

The announcement has been met with widespread shock from various organisations, political parties and energy experts.“The new management at Eskom is beginning, in my analysis, to start to clamp down on information. The regular Eskom media briefings have fizzled out. We didn’t even have a media briefing when Eskom released its financials on the 31st of March.”

Comrades have to be protected ☹️

He need to do his homework, the SOE's granted exemption still report all PFMA transgressions to National Treasury and Scopa will still be looking at those transgressions.

Any non disclosure is a sign of dishonesty.

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Energy analyst questions decision to exempt Eskom from disclosing irregular expenditureTreasury issued the gazette on Friday, which has been met with criticism. Why do the ANC and Eskom continue to think they are above the law? This move is INCREDIBLY frightening. Thought we were still a democracy because the public disagree. Allowing this is the start of a dictatorship. Energy analyst and the rest of the country…
Source: eNCA - 🏆 49. / 51 Read more »

Eskom’s new exemption from reporting irregular expenditure is ‘cause for concern’ — energy expertProf William Gumede argues that because it’s taxpayer’s money therefore wasteful expenditure must be explained, ‘that’s what a democracy is about’ MogaleBK Finance minister is bloody mad They must have taken a page out of Russia book of 'Citizens don't need to know that'...... Welcome to The Banana Republic
Source: TimesLIVE - 🏆 28. / 59 Read more »

Eskom’s new exemption from reporting irregular expenditure is ‘cause for concern’: energy expertThe decision to exempt Eskom from disclosing its irregular, fruitless and wasteful expenditure has been roundly criticised, but the Treasury insists it allows the power utility to manage its borrowing costs. Eskom doesn’t need anything less than transparency right now unless comrades want to use Eskom monies for 2024. It’s just a way of that disgusting stealing corrupt ANC/Government to cover up all the corruption they were/are involved in with Eskom, just like de ruyter said! We not a bunch of Kindergarten Kids.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Eskom’s new exemption from reporting irregular expenditure is ‘cause for concern’: energy expertThe decision to exempt Eskom from disclosing its irregular, fruitless and wasteful expenditure has been roundly criticised, but the Treasury insists it allows the power utility to manage its borrowing costs. So in simple terms,Treasury is saying,To solve a problem is to pretend it doesn't exist. 🤣🤣🤣🤣🤣how possible are they going to manage their their borrowing cost when they don't disclose their wasteful expenditures, worse who will borrow money to an entity that you don't know it's financial Balance sheets...minister gout got it wrong from advisors So you want to withhold info on theft from lenders to fool lenders into lower interest rates! Essentially the same as me lying about my smoking, drinking and drug use on my life insurance forms! MYANC reaching new levels and started digging! This will blow up in your face.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Don't privatise Eskom, says the South African Communist Party's Solly MapailaSolly Mapaila says Eskom should remain a state owned enterprise to support industrialisation, energy security and the just energy transition. Ja want hoe gaan hulle da. Die geld so maklik gesteel kry? So that they can milk it further 🙄 he must raise that concern in their alliance meetings
Source: ewnupdates - 🏆 30. / 53 Read more »