In The News South Africa

Appointment of new Eskom CEO a priority – Minister Brown

JOHANNESBURG, December 15 – Public Enterprises minister Lynne Brown said on Friday that the process of appointing a new permanent group chief executive for power utility Eskom was “a priority” and that the finalization of the investigation into suspended executives was of “paramount importance”. This comes as news emerged early on Friday that suspended acting chief […]

In The News South Africa

Minister Brown names New Eskom board

JOHANNESBURG, December 8 – The department of public enterprises on Friday, announced that Cabinet approved the new board of South Africa’s state-owned power utility Eskom on a three-year term, retaining seven of the interim members and two new members. “Cabinet has approved a new Board for Eskom on a three-year term subject to an annual review, and expressed […]

In The News South Africa

Eskom’s acting chairman wrongfooted in testimony to parliamentary probe

PARLIAMENT, December 6 – Current acting Eskom chairman Zethembe Khoza on Tuesday made the surprising claim before the parliamentary inquiry into the power utility that former CEO Tshediso Matona was suspended to face charges, directly contradicting earlier testimony by board members that he was not suspected of any wrongdoing. Khoza also failed to explain why […]

In The News South Africa

Eskom administrator tells inquiry he insisted Brown be informed of Molefe’s retirement package

PARLIAMENT, December 5  – Eskom administrator Anton Minnaar on Tuesday told the parliamentary inquiry into Eskom that he insisted Public Enterprises Minister Lynne Brown be informed of the plans to grant former CEO Brian Molefe early retirement shortly after he left the company. “I knew there is risk in this whole thing, and we can see today […]

In The News South Africa

Brown denies claims Zuma instructed her to remove Eskom officials

 PARLIAMENT, November 23 – Public Enterprises Minister, Lynne Brown, on Wednesday, denied that she received a phone call from President Jacob Zuma in 2015, instructing her to suspend three Eskom executives, contradicting the explosive evidence of a former company board chair. “I said no, Advocate [Ntuthuzelo] Vanara,” Brown replied wearily when the evidence leader in […]

Business In The News South Africa

Black Business Council meets to discuss leadership crisis at Eskom

JOHANNESBURG, October 9 – The Black Business Council (BBC) is meeting all its national office bearers on Monday to address the parlous state of leadership at Eskom. On Friday Eskom appointed its chief information officer and group executive for information technology, Sean Maritz, as its interim group chief executive in a “rotational basis” of the executive role. “The decision […]