Mantashe leads calls to scrap entire Public Enterprises Department

Mantashe leads calls to scrap entire Public Enterprises Department

- Energy Minister Gwede Mantashe has reportedly called for Eskom to be placed under his care

- This comes at a time where Public Enterprises Minister Pravin Gordhan is facing pressure to step down

- The ANC's national executive committee now has to contemplate the future of the power utility

PAY ATTENTION: Click “See First” under the “Following” tab to see News on your News Feed!

ANC chairperson and Energy Minister Gwede Mantashe have taken full advantage of the ruling party's national executive committee meeting.

Mantashe, in a move that could be seen as undermining his colleague, has called for Eskom to be placed under his tenure in the Department of Mineral Resources and Energy.

The minister says he believes Eskom stands a better chance of surviving with him than with Pravin Gordhan.

IOL reports that numerous NEC members had joined in chants for the Department of Public Enterprises to be scrapped completely. gathered that some in the ANC had called for a probe to investigate Gordhan's department.

READ ALSO: Gordhan under fire: ANC members claim minister is a disaster for SOEs

Now, the ruling party wants to explore the feasibility of state-owned entities being move to relevant departments.

A study group will be investigating the possibility of moving Denel to the Department of Defence and South African Airways to the Department of Transport.

With many SOEs facing challenges of their own, Ramaphosa and the party's top six now need to consider pulling the rug out from underneath Gordhan entirely.

The government is running out of ways to fund the demands for parastatal bailouts, posing a massive threat to South Africa's fiscal balances.

Enjoyed reading our story? Download BRIEFLY's news app on Google Play now and stay up-to-date with major South African news!


Online view pixel