https://www.engineeringnews.co.za
Africa|Energy|Eskom|Gas|Petroleum|Pipelines|Resources|Infrastructure
Africa|Energy|Eskom|Gas|Petroleum|Pipelines|Resources|Infrastructure
africa|energy|eskom|gas|petroleum|pipelines|resources|infrastructure

Nersa says chairperson does not have conflict of interests

16th January 2023

By: Schalk Burger

Creamer Media Senior Deputy Editor

     

Font size: - +

The National Energy Regulator of South Africa (Nersa) says chairperson Thembani Bukula is not conflicted, as he had resigned from his position as nonexecutive director of JSE-listed infrastructure special purpose acquisition company Mahube Infrastructure upon his appointment as Nersa chairperson.

“The comments made on social media platforms alleging that Bukula has a conflict of interest are incorrect and misleading,” the regulator states.

"In accordance with the law, there is no pecuniary interest that Bukula stands to gain pursuant to all decisions taken by Nersa. The Nersa board consists of nine members that make decisions on applications from Nersa licensees, including Eskom.

"The decisions of Nersa are solely based on the thorough analysis of the application, as well as facts and evidence presented to it," the organisation points out.

The law requires that, upon appointment, every part-time regulator member, or board member, must disclose to the Mineral Resources and Energy Minister his or her pecuniary interest in any company, firm or association engaged in the electricity, piped-gas and petroleum pipelines industries.

Bukula, as a part-time regulator member, has duly complied in this regard and declared his interests before taking up his position, Nersa says.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Hanna Instruments Image
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 
Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.083 0.14s - 179pq - 2rq
Subscribe Now