[ALERT] Lynne Brown appoints new Eskom board
Eskom has a new board, which will be tasked with righting the ship at the state-owned enterprise.
CAPE TOWN - Eskom has a new board which will be tasked with righting the ship at the state-owned enterprise.
Public Enterprises Minister Lynne Brown made the announcement on Friday afternoon.
Zethembe Khoza, who chaired the utility’s interim board, will continue in his position until the company holds its annual general meeting in 2018.
Khoza was recently called to testify on behalf of the interim board in a parliamentary inquiry into allegations of grand corruption at the power utility.
The new board comprises seven of the interim non-executive directors and two new ones.
South Africa’s Health Ombud Professor Malegapuru William Makgoba and Tshepo Herbert Mongalo, an expert in company law, are the new recruits.
A third person whose name was approved by Cabinet this week ultimately declined his nomination because he doesn’t want to get roped into the highly-charged environment in which Eskom is currently operating.
Brown says the board must prioritise appointing a new CEO.
“I expect the board to take control and lead the company in taking decisive actions in addressing the challenges of leadership, governance and ethics.”
The role of CEO has been beset by controversy and scandal with the former CEO Brian Molefe stepping down in a flood of tears over state capture allegations a year ago and the acting CEO Matshela Koko facing disciplinary action over contracts awarded to a company linked to his stepdaughter.
Brown says Eskom’s new board will provide continuity at a difficult time for the state-owned power utility.
Brown has urged board members to be “strong in the face of adversity”.
“The board must deal decisively, amongst others, in addressing the audit qualification, ensuing investigations and the suspensions at the executive committee level must be prioritised and finalised expeditiously.”
Khoza has denied allegations he asked State Security Minister Bongani Bongo to derail the parliamentary inquiry into allegations of grand corruption at Eskom.