Browsing: Jabu Mabuza

Net1, the company that used to manage the payment of social grants in South Africa, has appointed former Telkom and Eskom chairman Jabu Mabuza as chairman-designate of its board.

The chairman of Eskom resigned from his post after the power utility resumed rolling blackouts earlier than expected in 2020.

South Africa has unveiled its long-awaited plan to save its debt-stricken state power utility, including exposing it to greater competition, lowering fuel costs, increasing renewable energy output and selling non-core assets.