{"id":207309,"date":"2017-10-25T07:41:46","date_gmt":"2017-10-25T05:41:46","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=207309"},"modified":"2017-10-25T07:41:46","modified_gmt":"2017-10-25T05:41:46","slug":"ramaphosa-implicated-in-unfair-eskom-contracts-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/207309\/ramaphosa-implicated-in-unfair-eskom-contracts-report\/","title":{"rendered":"Ramaphosa implicated in unfair Eskom contracts: report"},"content":{"rendered":"

Deputy president Cyril Ramaphosa’s\u00a0Shanduka Trust has been named as part of a cartel responsible for possible collusion and uncompetitive practices related to Eskom coal contracts.<\/p>\n

According to a report by BusinessDay<\/a><\/strong>, the Competition Commission has been asked to investigate the dealings by an anonymous source.<\/p>\n

The source alleges that\u00a0Ramaphosa\u2019s Shanduka Trust, alongside other big names such as Anglo American, Exxaro and BHP Billiton, had formed a cartel and were blocking smaller coal suppliers through their exclusive contracts with Eskom.<\/p>\n

The commission\u2019s cartels division manager, Makgale Mohlala, confirmed that the complaint had been made, but said it was still fresh and needed to be investigated.<\/p>\n

He would not divulge the names of implicated directors, but said the commission would investigate the alleged collusion as well as a case of irregular contract extension.<\/p>\n

The news of Ramaphosa’s possible involvement in a cartel follows a series of “smear campaigns” against the ANC presidential hopeful – including allegations of adultery – as the party gears up for its December elective conference.<\/p>\n

Ramaphosa\u2019s spokesman, Tyrone Seale, indicated that a timeline would be needed as the deputy-president had divested from mining in 2014.<\/p>\n

However, he highlighted that Ramaphosa has been on record as a supporter of improving the economy and combating uncompetitive behaviour.<\/p>\n

\n

Read:\u00a0How Brian Molefe almost walked away from Eskom with R111,000 a month until he dies<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Deputy president Cyril Ramaphosa has been named as part of a cartel responsible for possible collusion and uncompetitive practices related to Eskom coal contracts.<\/p>\n","protected":false},"author":10,"featured_media":27589,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[26,12501],"class_list":["post-207309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-headline","tag-ramaphosa"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/207309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=207309"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/207309\/revisions"}],"predecessor-version":[{"id":207349,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/207309\/revisions\/207349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/27589"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=207309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=207309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=207309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}