Eskom mired in race fight over appointment of white treasurer

JOHANNESBURG - The appointment of a White treasurer at South Africa’s debt-addled power monopoly has become mired in allegations of racism, deepening a political dispute between a rabble-rousing opposition party and a Cabinet minister.

Eskom, confirming Maleka’s grievance, said an independent lawyer engaged by the company found his claim “to have no substance.” The grievance is “still being dealt with internally,” an Eskom spokesman said. Race is a particularly sensitive issue in South Africa because the decades of apartheid that ended in 1994 set back the Black majority and largely locked them out of the economy. Even today, the CEOs of most large South African companies are White. Eskom’s CEO and chief operating officer are White and the CFO is of Asian ancestry.In an Aug.

In his June 8 deposition to the grievance inquiry, Maleka said the he was interviewed by Chief Financial Officer Calib Cassim, as well as human resources and recruitment representatives and Maria Ramos, a former government official and one-time CEO of the bank Absa Group Ltd. He said it wasn’t made clear why Ramos was there and that he was told there would be a second round of interviews.

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