The chief executive role at Eskom, considered the most challenging job in corporate South Africa, is attracting interest from people who know how difficult turning around the debt-ridden state utility will be.
Browsing: Brian Dames
Eskom will know by September how government plans to help it remain financially sustainable, public enterprises minister Lynne Brown told MPs on Tuesday. Addressing parliament’s portfolio committees on energy and public enterprises, Brown said an inter-governmental task team had come up with several options for Eskom’s financial problems
Financially embattled Eskom has run to the government for additional funding to pay its spiralling bills. But the treasury has refused and said it will not fund the utility from its strained coffers, and the energy regulator couldn’t help even if it wanted to. Faced with a shortfall
Former National Energy Regulator of South Africa chairman Collin Matjila will be acting CEO of Eskom when current CEO Brian Dames steps down next week, the power utility said on Thursday. “Upon the appointment of the substantive chief executive, Mr Matjila will return to his position as a nonexecutive director
Eskom board chairman Zola Tsotsi said on Friday that at least five of Medupi’s units would have had to be running to have made a meaningful contribution to filling the 3GW shortfall experienced on Thursday. Eskom spokesman Andrew Etzinger warned on Sunday that Eskom has not ruled out the possibility
The Democratic Alliance is demanding that R31m in bonuses paid to Eskom “directors” be “returned” to national treasury following Thursday’s rolling blackouts, the first since 2008’s power crisis. The DA says it wants the money paid back so that it can be used to buy generators for hospitals and emergency
Three short years at the helm. This is all it took for outgoing CEO Brian Dames to bring his decades-long career at national power utility Eskom to a close. Dames, who was appointed as CEO in 2010, and his erstwhile finance director Paul O’Flaherty, appointed in 2009, were the men brought