South Africa's Ramaphosa Begins to Clean House

The newly-elected leader of South Africa's ruling African National Congress, Cyril Ramaphosa, has intervened to clean up the state-owned electricity utility ahead of leading the country's team to the 2018 World Economic Forum meeting in Davos from January 23.


Faced with a warning from Minister of Finance Malusi Gigaba that the debt-ridden company was unable to raise money and could bring down government finances, the government appointed a new board and ordered the removal of top executives implicated in corruption.

Photo: GCIS

Deputy President Cyril Ramaphosa, left, and Finance Minister Malusi Gigaba meeting business leaders to plan South Africa's strategy at the forthcoming 2018 World Economic Forum meeting in Davos from January 23.


See What Everyone is Watching

Don't Miss

AllAfrica publishes around 600 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.