In January this year, Absa group announced that Ramos would retire as its CEO after being at the helm of the bank for 10 years. Before her time at Absa, Ramos was Transnet’s group CEO.
Among other things, the CRO would be responsible for overseeing Eskom’s finances, plant maintenance, and operational costs, as well as various strategic functions. Ramaphosa said at the time a combination of interventions is called for, such as a change to its structure, financial support from government and a turnaround plan from Eskom’s management, in order to bring stability to the state-owned power utility.
Mboweni was forced to write to Parliament earlier this month that he would invoke Section 16 of the Public Finance Management Act in order to secure funds for Eskom.
CRO functions is a mishmash of CEO/CFO/CTO functions and what will the incumbents be doing. This will be a recipe for disaster and conflict between CRO and Phakamani. Or is Phakamani on his way out and Maria coming in by the back door. Maria stay away from this..:
Allow Ramos to retire please.
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As long as Ramos is not appointed please tito_mboweni. It simply would not and should not pass the basics of the ethics committee reviews available. Conflict on interest is the key word. Thank you for reading.
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Tito Mboweni's Eskom SOS to Maria RamosFormer Absa CEO Maria Ramos is being brought in to head the explosive process of unbundling Eskom into three components, as the energy utility came close to imploding financially in the past few days. Is she not a pensioner I have not forgiven since the time she was Transnet CEO. She removed & sold some business units including Metrorail. Which is now DOT & many personnel benefits were also taken away tito_mboweni at this rate if this is true as citizens we getting a real taste of narrow mindedness arrogance
Source: SundayTimesZA - 🏆 47. / 51 Read more »
Tito Mboweni appoints Maria Ramos to head Eskom unbundlingFormer Absa CEO Maria Ramos is being brought in to head the explosive process of unbundling Eskom into three components Tito has been bewitched straight She is deeply corrupt... Good move
Source: BDliveSA - 🏆 12. / 63 Read more »
Maria Ramos to unbundle Eskom?As the state continues to plug Eskom's financial holes, former Absa CEO and Treasury director-general Maria Ramos has been tipped as favourite to lead the process of unbundling the parastatal. WMC and it’s sellout black stooges are here. Ayihlale phansi ibambe umthetho kubi May 8 is just around the corner To go there and do what she does best, selling state assets close to nothing to her husband friends.
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Tito Mboweni seeks to appoint Maria Ramos to head Eskom unbundlingFormer Absa CEO Maria Ramos is being brought in to head the explosive process of unbundling Eskom into three components
Source: BDliveSA - 🏆 12. / 63 Read more »
Mboweni denies reports on Ramos' Eskom appointmentFinance Minister Tito Mboweni has denied reports that Maria Ramos has been appointed to take charge of Eskom's unbundling. People have spoken 😂😂😂😂 Maria Ramos and Tito Mboweni have a long working relationship from his time at the Reserve Bank. That one can't do as he please, he does not want to abide by the resolutions of the ANC...
Source: SABC News Online - 🏆 32. / 51 Read more »
ANALYSIS: Eskom, Maria Ramos and a big test for President Ramaphosa’s strengthIt can sometimes be forgotten, amid all of the election huff and puff, that the biggest test facing South Africa right now is electricity and Eskom. If its two related problems – the technical difficulties relating to power production and the financial implications of its incredible debt – are not solved, there’s a high chance of real disruption to society. It seems that those in charge of the problem are trying to get going with fixing it. Even if they hire the best possible people, they are likely to face incredible political blowback. StephenGrootes So where hve the unions gotten us....same place as incompetant and corrupt beneficiaries of patronage. Country can, like any country, only move fwd with competant individuals at the helm. Time 2 shut down the gravy train & do some proper work for all citizens StephenGrootes Senseless nonsense as all ways from StephenGrootes. StephenGrootes “In the middle of all of this are some workers who perhaps should not have been employed in the first place, and who are worrying about what could happen to their lives and families”black lives don’t matter to these people people loosing their jobs means shit white privilege🤦🏿♂️
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Eskom 'unaware' of Maria Ramos heading planned unbundlingIn an attempt to stabilise Eskom, President Cyril Ramaphosa announced in 2018 that the power utility would be split into three parts. It was a lie from BDliveSA If that unbundling will improve the economy of the country, so be it, we are not in archaic State Controlled Economies! tyengeni1954 Are they ever aware of anything?The spokesperson couldn't stand defending the taxi boss,pharmacist, banker and the WMC FM stooge fuck ups and mess every other day...We need social media to call this state capturers,Stellenbosch mafia and WMC stooges to order as myanc has failed
Source: ewnupdates - 🏆 30. / 53 Read more »
Maria Ramos tipped to take over Eskom unbundling process – reportThe ‘Sunday Times’ reports that Ramos is favoured to be appointed the chief reorganisation officer to lead the process of unbundling Eskom into three components. Julius_S_Malema morena CyrilRamaphosa is selling Eskom under your watch aketshepe😭😢😭 You want something done proper, give it to a woman. Julius_S_Malema o reng ka taba ye?
Source: ewnupdates - 🏆 30. / 53 Read more »
Maria Ramos may head Eskom’s planned unbundlingThe embattled power utility received an emergency bailout through National Treasury earlier in April, but urgently needs further financial assistance. Can we give all professional, educated, business black women a chance to congratulate Maria. This is a proof that black women are still far behind. Pull up your socks Shame. Poor Eskom.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Eskom must attract people with appropriate skills: Analyst - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The expertise of the retired Absa Group Chief Executive, Maria Ramos might be brought in to lead the process of unbundling Eskom into three components. Yes, South Africa, SKILLS NOT SKIN COLOUR! Just because your skin is a certain color doesn't automatically mean you can do the job! Wake up, you boneheads! Skills are there in Eskom they are just overlooked. This people with experience from elsewhere bring failure. People who understand the business will make better decisions. The once who left are overrated. Do you want to tell me out of over 40 000 employees there is no capability And what do they do with the thousands of people there now who have no skills😳😳
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Tito Mboweni appoints Maria Ramos to head Eskom unbundlingFormer Absa CEO Maria Ramos is being brought in to head the explosive process of unbundling Eskom into three components Tito has been bewitched straight She is deeply corrupt... Good move
Source: BDliveSA - 🏆 12. / 63 Read more »