This is the Hitachi scandal all over again

Recent evidence presented has indicated that the ANC, via its front company Chancellor House, is benefiting from the national energy crisis, through its recent purchase of a major Swazi coal mine, which is in turn apparently set to supply coal to several power plants, including the new Medupi plant. In other words, as was the case in the Hitachi scandal, the ANC stands to profit from higher electricity tariffs, and from the state’s World Bank loan deal. The DA believe that this amounts to a gross conflict of interest. It blurs the lines between party and state, and we once again call for the ANC to shut down Chancellor House. Read more ...