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: Tshediso Matona
Eskom went into its 23rd day without load shedding on Monday, after the official opening of unit 6 of the Medupi power station. Medupi unit 6 was opened officially by President Jacob Zuma on Sunday, after being synchronised onto the national grid and a period of testing
Eskom announced on Wednesday that four of its senior executives who were suspended earlier this year have been cleared of any wrongdoing. In March, chairman Zola Tsotsi announced that four
Public enterprises minister Lynne Brown has seconded Transnet CEO Brian Molefe and appointed him as the acting Eskom CEO with immediate effect after Tshediso Matona was suspended in March. Molefe has been in his role at Transnet
Eskom chairman Zola Tsotsi has resigned, the electricity provider confirmed on Tuesday. “It happened overnight following a presentation he gave to the board,” said spokesman Khulu Phasiwe. “He then told them that in the interest of the company and the country, he felt it
Eskom contractors have fired over a thousand workers for taking part in an illegal strike at the Medupi power station in Lephalale in Limpopo, the power utility said on Friday. “The workers were fired for embarking on an illegal strike
Eskom will implement stage two rolling blackouts on Thursday, the power utility said. “This is due to a shortage of generation capacity as several units are currently out of service due to planned and
Stage two rolling blackouts were scheduled for Wednesday, Eskom said. “Eskom will implement stage two load shedding from 4pm today, which is likely to continue until 10pm this evening,” the power utility said in a statement. “This is due to a shortage of generation
Eskom board chairman Zola Tsotsi has not been removed, the power utility said on Wednesday. Eskom’s media desk was responding to questions on a report that the four executives, suspended earlier this month, were removed because they initiated an audit of the
Standard & Poor’s (S&P) has downgraded Eskom’s long-term credit rating to BB+ following the suspension of four of its senior officials, it said on Thursday. This had led the ratings agency to have less confidence in the company’s corporate governance arrangements