Minister happy with Eskom acting CEO's performance
Lynne Brown says there have been notable achievements and she’s happy with Brian Molefe’s performance.
JOHANNESBURG - Public Enterprises Minister Lynne Brown says that while she's happy with Eskom's acting CEO Brian Molefe, it will be up to the board whether he stays on permanently in that position.
Brown came out in defence of Eskom on Monday, saying executives have not been paid bonuses and salaries and have already been structured according to the utility's criteria.
The minister says the Democratic Alliance claims over bonuses detract from the positive strides Eskom has made in recent months.
Brown says she cannot determine the salaries that Eskom executives are paid.
"The criteria used to structure their salaries, there must be a very compelling reason why I would say that I'm cutting al your salaries by half."
At the same time she says there have been notable achievements in recent months and she's happy with Molefe's performance.
"It's either to appoint Brian or to go out and advertise. And I'm pleased with him but I'm awaiting the board's recommendation."
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."
The minister says it's unrealistic to expect a full turn around at Eskom in such a short space of time, but it must be noted that load shedding hasn't been implemented for 28 days.