Question NW2891 to the Minister of Public Enterprises

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15 November 2018 - NW2891

Profile picture: Dlamini, Mr MM

Dlamini, Mr MM to ask the Minister of Public Enterprises

Did the CEO of Eskom receive a letter from the CEO of Rothschild Mark Kingston? If yes, did the Eskom CEO respond and what was his response?

Reply:

According to the information received from Eskom

Yes, the Group Chief Executive (GCE) of Eskom received a letter from Martin Kingston, Chief Executive Officer of Rothschild.

Yes, the GCE responded to the letter. In the letter the GCE appreciated the interest shown by Rothschild in assisting with the challenges faced by Eskom and mentioned that the Eskom’s Executive Management Committee was in the process of developing its own strategic map for the organisation. The GCE undertook to advise Rothschild on next steps once there is internal alignment.

It must be noted that the said letter did not result in any business deals between Eskom and Rothschild.

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