— African National Congress (ANC) Secretary General Gwede Mantashe has urged Treasury, the Department of Energy and Public Enterprises to convene a ministerial meeting to resolve disputes over coal contracts, among other things, that have been aired in public in recent days.
Treasury has accused electricity utility Eskom of delays in providing it with details about coal contracts amid concerns about alleged state capture by the Gupta family. (South African Broadcasting Corporation)
— South Africa’s state-owned arms manufacturer Denel poured fat on the fire by launching a scathing attack on the Treasury, accusing it of grandstanding and opportunism. (Business Day)
— Power struggles within government are likely to increase, promising further rand volatility in the months ahead, said Overberg Asset Management in its weekly overview of the economic and political landscape in South Africa. (Fin24) Enditem
Source: Xinhua/News Ghana