The world is changing fast and to keep up you need local knowledge with global context.
As we’ve suggested before. when you’re in a hole, best to stop digging. Because going deeper risks exposing even more muck. Which is precisely what Eskom’s spokesman Khulu Phasiwe did today when answering queries raised by Fin24 following our story this morning on the bizarre appointment of Gupta partner and Oakbay director Mark Pamensky to the Eskom board. Instead of a believable “Damn, we need to look into this,” Phasiwe steadfastly defends Pamensky’s appointment maintaining everything is above board. Which apart from what makes him so special, begs some other obvious questions: If it’s all so rosy, why no mention of his Oakbay directorship in the official Eskom bio; and why did Pamensky himself not disclose his Oakbay involvement to his employers Blue Label – especially as we now discover it happened three months before he applied for the JSE-listed company board’s permission to accept Minister Lynne Brown’s invitation to join Eskom’s directorate. Blue Label joint-CEO Brett Levy says he only found out about Pamensky’s Oakbay directorship long after the event (and, indeed, post the Eskom appointment). All of this stinks to high heaven. South Africans are not mushrooms. Eskom’s spokesman should not treat them as such. – Alec Hogg
Cyril Ramaphosa: The Audio Biography
Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg.