September 15, 2016.
For Creamer Media in Johannesburg, I’m Thabi Madiba.

Making headlines:

Ntlemeza roasted in Parliament over anti-corruption unit

Gupta report to be ready before Madonsela says final goodbye

And, Eskom to engage Moody’s on possible downgrade

 

Hawks head Lieutenant General Berning Ntlemeza and the Anti-Corruption Task Team were in the hot seat on Wednesday in Parliament where they were systematically grilled over how the seemingly unprepared unit was run.

The task team was briefing Parliament's Standing Committee on Public Accounts on their cases when they were called out over not being prepared for the meeting.

MPs accused the team, which included Ntlemeza and the National Prosecuting Agency's Nomgcobo Jiba, of not taking their mandate seriously.

Committee chairperson Temba Godi said Ntlemeza, the head of the Anti-Corruption Task Team, seemed to have a minimalistic approach to managing it.

 

A report on the Gupta family will be ready before outgoing Public Protector Thuli Madonsela finishes her term, she said on Wednesday.

Speaking at the Rhema Bible Church's Truth Be Told conference, Madonsela told journalists that while she could not guarantee a comprehensive one she would have some sort of report available before she leaves her office.

Madonsela urged attendees to ask government to implement chapter 5 of the Equality Act which spoke against abuse and gender violence.

 

Eskom on Thursday said it would be engaging Moody’s Investor Services, following concerns raised by the ratings agency about the power utility’s funding risk after Futuregrowth withdrew new funding to the State-owned company.

The Eskom move follows Moody’s ratings update on Wednesday, which placed the power utility on Ba1 senior unsecured ratings on credit review.

Asset manager Futuregrowth, which manages client assets of about R170-billion, earlier this month announced its intention to suspend additional debt finance to State-owned companies, including Eskom, because of its concerns about their governance and oversight issues.

Moody’s said it placed the power utility on this review based on the “rising funding challenges faced by Eskom in the context of an adverse regulatory framework and an evolving political environment”.

 

Also making headlines:
ANC distances itself from party stalwart's statement on Hawks, Gordhan
And, MPs have absolute immunity in Parliament, committee hears

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That’s a roundup of news making headlines today