Eskom execs paid millions as S.Africans fork out more for power
Top executives at Eskom are being paid more than double than they were last year, even as South Africans...
Top executives at Eskom are being paid more than double than they were last year, even as South Africans pay significantly more for electricity.
According to its latest financial statements, the power giant's CEO Brian Dames is being paid the most taking home R5.7 million a year.
Dames said the R8.4billion profit the utility has made will be used to build new power stations and pay off Eskom's R160billion debt.
"We are busy expanding our electricity network, it is the largest expansion within the country - building power stations and building transmission lines, as well as making sure we build a robust electricity structure to support economic growth and bringing electricity to all South Africans," said Dames.