Former Glencore chief executive Clinton Ephron has told the Zondo commission into state capture that he was devastated when former Eskom CEO Brian Molefe told him Eskom would not be updating the company’s contract with the power supplier. Ephron took to the stand on Wednesday and was widely expected to delve into the extra-ordinary levels of pressure placed on Glencore, allegedly to force it to place Optimum coal mine under business rescue so that it could be snapped up by the Gupta family. …
