Eskom left in limbo as govt stalls the appointment of CEO

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Eskom left in limbo as govt stalls the appointment of CEO | Fin24

Considering that Eskom poses the biggest risk to the economy, appointing a permanent chief executive officer to turn it around is widely seen as a top priority for President Cyril Ramaphosa’s administration.

Ramaphosa said almost a month ago that the appointment would be made “soon,” a pledge he’s repeated several times since, while Public Enterprises Minister Pravin Gordhan told 702 the name would be announced by November 10. And Jackson Mthembu, a minister in the presidency, said on October 31 that the cabinet had made its selection -- but it remains under wraps.

 

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