Controversial Eskom exemption withdrawn ‘for now’

Finance Minister Enoch Godongwana told MPs on Wednesday that he has decided to withdraw the exemption of Eskom from the Public Finance Management Act “for now” to have further consultation with the auditor-general and Eskom’s auditors.  A special government gazette issued by Godongwana on Friday exempted Eskom from reporting in its annual financial statements on wasteful and irregular expenditure that did not arise from corruption.