TechCentralTechCentral
    Facebook Twitter YouTube LinkedIn
    Facebook Twitter LinkedIn YouTube
    TechCentral TechCentral
    NEWSLETTER
    • News

      Google’s Equiano cable lands in Namibia

      3 July 2022

      More stage-6 load shedding on the cards for this week

      3 July 2022

      Load shedding nears previous annual record – with six months to go

      3 July 2022

      Unlawful Eskom strike costing South Africa three stages of load shedding

      1 July 2022

      Striking Eskom workers will face consequences: De Ruyter

      1 July 2022
    • World

      EU to impose wide-ranging new rules on the crypto industry

      3 July 2022

      Crypto hedge fund Three Arrows files for bankruptcy

      3 July 2022

      Meta girds for ‘fierce’ headwinds

      1 July 2022

      Graphics card prices plummet as crypto demand dries up

      30 June 2022

      Bitcoin just had its worst quarter in a decade

      30 June 2022
    • In-depth

      The NFT party is over

      30 June 2022

      The great crypto crash: the fallout, and what happens next

      22 June 2022

      Goodbye, Internet Explorer – you really won’t be missed

      19 June 2022

      Oracle’s database dominance threatened by rise of cloud-first rivals

      13 June 2022

      Everything Apple announced at WWDC – in less than 500 words

      7 June 2022
    • Podcasts

      How your organisation can triage its information security risk

      22 June 2022

      Everything PC S01E06 – ‘Apple Silicon’

      15 June 2022

      The youth might just save us

      15 June 2022

      Everything PC S01E05 – ‘Nvidia: The Green Goblin’

      8 June 2022

      Everything PC S01E04 – ‘The story of Intel – part 2’

      1 June 2022
    • Opinion

      Has South Africa’s advertising industry lost its way?

      21 June 2022

      Rob Lith: What Icasa’s spectrum auction means for SA companies

      13 June 2022

      A proposed solution to crypto’s stablecoin problem

      19 May 2022

      From spectrum to roads, why fixing SA’s problems is an uphill battle

      19 April 2022

      How AI is being deployed in the fight against cybercriminals

      8 April 2022
    • Company Hubs
      • 1-grid
      • Altron Document Solutions
      • Amplitude
      • Atvance Intellect
      • Axiz
      • BOATech
      • CallMiner
      • Digital Generation
      • E4
      • ESET
      • Euphoria Telecom
      • IBM
      • Kyocera Document Solutions
      • Microsoft
      • Nutanix
      • One Trust
      • Pinnacle
      • Skybox Security
      • SkyWire
      • Tarsus on Demand
      • Videri Digital
      • Zendesk
    • Sections
      • Banking
      • Broadcasting and Media
      • Cloud computing
      • Consumer electronics
      • Cryptocurrencies
      • Education and skills
      • Energy
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Motoring and transport
      • Public sector
      • Science
      • Social media
      • Talent and leadership
      • Telecoms
    • Advertise
    TechCentralTechCentral
    Home»Sections»Energy»Eskom left in limbo as government stalls on new CEO

    Eskom left in limbo as government stalls on new CEO

    Energy By Agency Staff12 November 2019
    Facebook Twitter LinkedIn WhatsApp Telegram Email

    Considering that South Africa’s debt-stricken and loss-making state power utility poses the number one risk to the economy, appointing a permanent CEO to turn it around is widely seen as a top priority for President Cyril Ramaphosa’s administration.

    Yet, while the government pledged to name a new head of Eskom by the end of October, it’s missed repeated deadlines to act, evidence of how politically fraught the process has been. Jabu Mabuza, the utility’s chairman, has filled the post in an interim capacity since Phakamani Hadebe quit in July.

    Ramaphosa said almost a month ago that the appointment would be made “soon”, a pledge he’s repeated several times since, while public enterprises minister Pravin Gordhan told Johannesburg-based radio station 702 the name would be announced by 10 November. And Jackson Mthembu, a minister in the presidency, said on 31 October that the cabinet had made its selection — but it remains under wraps.

    “The delay in announcing the CEO is another clear indication of the power struggle around Eskom,” said Darias Jonker, a London-based director at Eurasia Group. “Competing interest groups each have their preferred candidate and Ramaphosa is yet again wavering over a key government decision.”

    The new CEO will help oversee government plans to split Eskom into generation, transmission and distribution units under a state holding company — a breakup opposed by powerful labour unions who see it as a precursor to privatisation and job losses.  — Reported by Paul Burkhardt, (c) 2019 Bloomberg LP

    Cyril Ramaphosa Darias Jonker Eskom Jabu Mabuza Jackson Mthembu Phakamani Hadebe Pravin Gordhan
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email
    Previous ArticleSentech is back in the broadband business
    Next Article Telkom sets date for 2G network switch-off

    Related Posts

    Google’s Equiano cable lands in Namibia

    3 July 2022

    More stage-6 load shedding on the cards for this week

    3 July 2022

    Load shedding nears previous annual record – with six months to go

    3 July 2022
    Add A Comment

    Comments are closed.

    Promoted

    Billetterie simplifies interactions between law firms and clients

    30 June 2022

    Think herding cats is tricky? Try herding a cloud

    29 June 2022

    How your business can help hybrid workers effectively

    28 June 2022
    Opinion

    Has South Africa’s advertising industry lost its way?

    21 June 2022

    Rob Lith: What Icasa’s spectrum auction means for SA companies

    13 June 2022

    A proposed solution to crypto’s stablecoin problem

    19 May 2022

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2022 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.