South African Treasury Says Eskom Resists Gupta Firm Probe

  • Department accuses utility of ignoring correspondence
  • National Treasury is reviewing Eskom’s coal contracts

South African Rand Caught in Turmoil of Split ANC

South Africa’s National Treasury said state-owned utility Eskom Holdings SOC Ltd. is resisting its efforts to review coal-supply contracts with Tegeta Exploration & Resources Ltd. and ignores the department.

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