The Sunday Times has reported that a dentist and a beautician are among the beneficiaries of multimillion-rand contracts to supply Eskom with diesel for its generators.<\/p>\n
The newspaper said that Johannesburg dentist Dr Maxine Kekana\u2019s company, KEKOIL, and beauty therapist Monica Nkosi\u2019s firm, Kamoso Fuels, were given deals to supply diesel to Eskom.<\/p>\n
Eskom has been forced to run its diesel generators much harder and for longer, which saw it’s diesel costs reach as much as R1.2 billion per month in the peak of the crisis between October 2014 and February 2015.<\/p>\n
The Sunday Times reported that KEKOIL and Kamoso were newcomers to the energy sector when they got the deals, and did\u00a0not meet Eskom\u2019s BEE criteria.<\/p>\n
This news come only days after Eskom has told four of its top executives to \u201cstep down\u201d<\/strong><\/a> as an inquiry takes place.<\/p>\n The executives include CEO Tshediso Matona, finance director Tsholofelo Molefe, and two others.<\/p>\n One of the current non-executive Board members, Zethembe Khoza, has been asked to assume the position of interim chief executive.<\/p>\n Eskom chairman, Zola Tsotsi made the announcement at a press briefing held on Thursday morning (12 March).<\/p>\n The Kamoso Fuels website<\/strong><\/a> describes itself as \u201can independent procurer of petroleum products, that markets and supplies to commercial customers, government and parastatals who use high volumes of petroleum products\u201d.<\/p>\n The website further states that \u201cour company is built on a firm entrepreneurial spirit, underpinned by safety performance and environmental Safety\u201d.<\/p>\n Curiously, Kamoso Fuels\u2019 \u201cAbout Us\u201d page uses the exact same phrase as another local fuel supplier, YemYem holdings.<\/p>\n KEKOIL\u2019s website<\/strong><\/a> states that the company was established in 2008, with its main business being the wholesaling of petroleum products which includes diesel, petroleum, lubricants and gas.<\/p>\n \u201cIt is a wholly owned black female entity with aspirations to render services far and wide across the length and breadth of South Africa and beyond,\u201d the website states.<\/p>\n It also says that Maxine Kekana, the sole owner and director of KEKOIL, established \u201cthis brainchild after gaining extensive experience, expertise and interest in the petroleum industry after being introduced by a colleague and identifying the opportunities in the wholesale business\u201d.<\/p>\n \u201cThe ability to source petroleum commodities and the supply of large quantities of diesels per month from various clients was the main contributing factor to the conception of KEKOIL\u201d.<\/p>\n Eskom CEO \u2018suspended\u2019 amid inquiry<\/strong><\/a><\/p>\nWho are Kamoso Fuels and KEKOIL<\/h3>\n
More on Eskom<\/h3>\n