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Eskom inquiry ends, suspended exec to be reinstated

Three executives have since parted ways with Eskom and one will be reinstated.

Picture: Reinart Toerien/EWN

JOHANNESBURG - Eskom has cleared all four executives who were suspended earlier this year following an investigation into the state utility.

CEO Tshediso Matona and three others were suspended for the duration of the investigation.

Matona and two other have since parted ways with Eskom, while the remaining executive will be reinstated.

Eskom's former chairman Zola Tsotsi announced in March that Matona and three senior executives had been suspended to allow for an independent inquiry.

The former Eskom CEO challenged his suspension and approached the Labour Court, but in May he parted ways with the utility, with Eskom stressing that it was an amicable parting.

Matona said he's relieved the investigation had been concluded.

"Given the stress that this created, I'd only be happy to let that be water under the bridge."

Acting CEO Brian Molefe, who stepped in to replace Matona three months ago, has had his contract renewed for a further three months.