'The South African public deserve to know what government is signing us into'

The Democratic Alliance (DA) have given President Cyril Ramaphosa 14 days to respond to their request that he should reveal the terms around a R33.4 billion loan Eskom received from the Chinese Development Bank.

On Tuesday, President Ramaphosa said that the terms of this loan remain confidential.

DA leader Mmusi Maimane says he is not happy with Ramaphosa's response to its request saying the President needs to move from the era of secrecy and reveal what the terms and conditions of this China loan would mean to the people of South Africa.

Maimane says he has made an application in terms of the Promotion of Access to Information Act to compel the President to reveal the terms of the China loan.

Read: Maimane asks Ramaphosa to reveal T&Cs of the R33 billion loan within 14 days

I think it is in the interest of the South African public to know what this government is signing us into.

Mmusi Maimane, DA leader

I think the President should explain to the people why public money must be subjected to confidentiality. Eskom is at the centre of state capture, that's where the ANC and the Guptas made their profits.

Mmusi Maimane, DA leader

Cyril Ramaphosa said that this loan has been underwritten by the state, which means this is not Cyril Ramaphosa and Eskom board's loan but the South African public's loan, therefore if it is the public's money it is ought to be publicly made available.

Mmusi Maimane, DA leader

Maimane says when Eskom fails to meet the repayment terms of the loan it is the consumer that will suffer and be forced to pay more for Eskom's services.

He says they are waiting for a response from PAIA and further legal action will be taken when the need arises.

To hear the rest of the conversation with Mmusi Maimane, listen below:


This article first appeared on 702 : 'The South African public deserve to know what government is signing us into'


Recommended

by NEWSROOM AI
Read More
Call for Eskom to publicise terms of R33bn China loan

Call for Eskom to publicise terms of R33bn China loan

Senior Researcher on China-Africa at SAIIA Cobus Van Staden says he supports DA's call for Eskom to reveal the terms of the loan.

New online shopping website launches. Everything available is South African

New online shopping website launches. Everything available is South African

It just became easier than ever to buy local when shopping online. Bruce Whitfield interviews Proudly SA’s Eustace Mashimbye.

'People feel excluded from the city'

'People feel excluded from the city'

Managing Director of The City Agency Zahira Asmal discusses cultural iconography and public memory particularly after 1994.

China is not trying to re-colonise Africa insists Ramaphosa

China is not trying to re-colonise Africa insists Ramaphosa

President Cyril Ramaphosa has defended the Chinese government’s multi-billion-rand investments in Africa.

South Africa is ready for business and China gives land reform a thumbs up

South Africa is ready for business and China gives land reform a thumbs up

EWN reporter Clement Manyathela says Xi Jumping has given South Africa’s land reform policy the thumbs up.

Zondo Commission: There are some discrepancies in Vytjie Mentor's testimony

Zondo Commission: There are some discrepancies in Vytjie Mentor's testimony

The third witness for the Zondo Commission of Inquiry, Vytjie Mentor took the stand on Monday to testify on state capture allegations

Where to invest if you believe the rise of Electric Vehicles is inevitable

Where to invest if you believe the rise of Electric Vehicles is inevitable

Glencore, Google and Continental... that's where! Anglo American Platinum? Not so much, says Old Mutual's Andrew Dittberner.

[LISTEN] The rise of the mega app and its advantages

[LISTEN] The rise of the mega app and its advantages

Businesswoman Refiloe Mpakanyane shares her experience of staying in China and how technology has advanced there.

Popular articles
Charity loses R39k event deposit after previous Ritz Hotel management goes awol

Charity loses R39k event deposit after previous Ritz Hotel management goes awol

The Ritz Hotel is under new management and the money paid to previous management has still not been refunded.

DStv Premium on a downward spiral, warns tech guru

DStv Premium on a downward spiral, warns tech guru

DStv has lost about 140 000 Premium subscribers to Netflix over the past two years, tech expert Arthur Goldstuck.

Sentencing of Parktown Boys' Collan Rex postponed

Sentencing of Parktown Boys' Collan Rex postponed

Eyewitness News reporter Kgomotso Modise gives a summary of the proceedings of the sentencing of Collan Rex.

Athol Trollip: We respect the court's judgment

Athol Trollip: We respect the court's judgment

Trollip says the DA respects that NMB has a new government, saying that he has learned fundamental lessons about coalitions.

Don't blame racism on illness says Eusebius

Don't blame racism on illness says Eusebius

Eusebius McKaiser says it is not unethical for the media to accurately quote the word k***ir if it was used by someone.

Key things to consider ahead of your retirement

Key things to consider ahead of your retirement

If you’re a baby boomer on the brink of retirement, here are a few things to consider ahead of time.