‘Eskom’s top executives have not received bonuses’

Minister Brown says bonuses have not been paid because of load shedding and construction delays.

FILE: Public Enterprises Minister Lynne Brown. Picture: Thomas Holder/EWN.

JOHANNESBURG - Public Enterprises Minister Lynne Brown has come out in defence of Eskom, saying bonuses have not been paid to top executives.

It follows a statement by the Democratic Alliance's shadow minister Natasha Mazzone who says the utility spent an exorbitant R50 million on executive salaries and more than R10 million on long-term incentive bonuses.

Brown says this has detracted from the positive strides Eskom has made in securing electricity supply in recent weeks.

She says bonuses have not been paid for two periods and, rightly so, because of load shedding and delays with Eskom's build programme.

She says incentive bonuses, which were awarded in 2011, was payable last year but this scheme is not in place anymore.

"They don't have the second period of long-term investment scheme because I've stopped that."

At the same time, Brown says there have been some notable achievements.

"It's the 27th day without load shedding and there's a consistent maintenance programme. It's something that I've wanted Eskom to show me for a very long time."

The minister says while problems at Eskom are being addressed, it's unrealistic to expect a full turn-around in a short period of time.