Motsepe rejects Eskom conspiracy claims as ‘ridiculous’, but admits to ‘serious’ …

Black business luminary Patrice Motsepe has labelled as “ridiculous” a recurring allegation that African Rainbow Energy & Power (AREP) is part of an unscrupulous plan to collapse Eskom and supplant the State-owned power utility with independent power producers (IPPs), in which the business would have a major interest. Nevertheless, he acknowledged on Monday that AREP had a serious perception problem, which would persist for as long as his brothers-in-law, Cyril Ramaphosa and Jeff Radebe, occupied the positions of President and Energy Minister respectively.