On 23rd November, the Mail & Guardian discussed Chancellor House’s involvement in the R20bn Eskom deal in this article.

Among other points, it noted how:

“One of South Africa’s largest state contracts yet has been awarded to a consortium that includes the African National Congress’s (ANC) own funding company.
….
Chancellor House has a R3-billion stake in the contract. This may double as Eskom considers extending the order to a second new power station.

The contract award, after a tender process marked by delays, price escalations and a lack of serious competition, highlights the problem of the ruling party being both player and referee: it benefits from contracts emanating from the government it runs.

The Mail & Guardian and the Institute of Security Studies corruption and governance programme last November exposed Chancellor House, named after the downtown Johannesburg building where Nelson Mandela and Oliver Tambo once ran their law practice, as a “business front set up by the ANC to make profit on its behalf”.