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South Africa to Probe Eskom Coal-Supply Deals, Times Reports

  • South Africa's Gordhan to order review of Eskom contracts
  • Finance minister will deliver country's budget this week

South Africa’s finance minister Pravin Gordhan will order the national treasury to scrutinize all the coal-supply contracts awarded by Eskom Holdings SOC Ltd., the Sunday Times newspaper reported, citing unidentified sources.

“If it is true we will await a directive from the treasury," Khulu Phasiwe, an Eskom spokesman, said by phone Sunday. “At this stage I am not aware of any request. If the treasury would like information about the coal contracts we have, we will make the information available.”