Mantshantsha: Eskom managers to be held to account by the scruff of their necks

Public Enterprises Minister Lynne Brown announced the appointment of her new board on Friday.

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 an expert in company law, Tshepo Herbert Mongalo, are new to the board.

Interim chair Zethembe Khoza will remain in his position until the parastatal holds its annual general meeting in 2018.

Eusebius McKaiser spoke to Deputy Editor at Financial Mail, Sikonathi Mantshantsha and Sunday Times senior investigative journalist Sabelo Skiti, for their take on the new recruits.

I am a very concerned South African. These two gentleman come very well regarded and highly rated, but I do not think that will make a difference.

Sabelo Skiti, Sunday Times senior investigative journalist

My guess is that within a year you will probably see these two gentleman walk away from Eskom in disgust.

Sabelo Skiti, Sunday Times senior investigative journalist

Mantshantsha says Makgoba has never been on any company board and has no business experience.

The prof may really be great in his own lane at the universities, but what we do need is the people who have demonstrated success in business themselves, who have distinguished themselves in the energy sector. You need turn around strategists, you definitely need tough administrators to hold the executive management by the scruff of their neck...

Sikhonathi Mantshansha, Financial Mail deputy editor

It means absolutely nothing if the board is controlled by Zethembe Khoza and indeed the only accountant there, Sathaseelan Gounden, who has proven himself to be part of this rot that has taken root at Eskom within the short space of time that he has been there.

Sikhonathi Mantshansha, Financial Mail deputy editor

Click on the link below to listen to the full discussion....


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Post-Cabinet Briefing: no release of new Eskom board for now

Post-Cabinet Briefing: no release of new Eskom board for now

Cabinet held a briefing on Thursday to update media on various developments.

Political desk:  No running away from Eskom Inquiry - Karima Brown

Political desk: No running away from Eskom Inquiry - Karima Brown

Deputy Minister of Public Enterprises Ben Martins refused to testify at inquiry as he believes a written submission will suffice.

Eskom Inquiry: Ajay Gupta spills the beans about his whereabouts

Eskom Inquiry: Ajay Gupta spills the beans about his whereabouts

EWN reported Rahima Essop says that Ajay Gupta's evidence to the Public Enterprises Portfolio Committee lacked credibility.

Eskom Inquiry: Committee chair rattled by Hawks presence

Eskom Inquiry: Committee chair rattled by Hawks presence

The committee’s acting chairperson Zukiswa Rantho revealed Hawks officials had arrived at the inquiry to question her.

Eskom manager claims Molefe was permanent employee 'with a term'

Eskom manager claims Molefe was permanent employee 'with a term'

Eskom's executive support manager Anton Minnaar gave evidence on former Eskom CEO Brian Molefe's controversial pension payout.

[WATCH LIVE] Eskom inquiry underway in Parliament

[WATCH LIVE] Eskom inquiry underway in Parliament

Portfolio Committee on Public Enterprises continues Eskom hearing in the National Assembly.

Suspended Eskom CFO Anoj Singh to appear at inquiry

Suspended Eskom CFO Anoj Singh to appear at inquiry

Natasha Mazzone member of the Portfolio Committee on Public Enterprises says Singh is confirmed to appear at Eskom inquiry tomorrow.

Mantashe says Koko is dragging his name into Eskom Inquiry through his daughter

Mantashe says Koko is dragging his name into Eskom Inquiry through his daughter

Sikonathi Mantshantsha, of Financial Mail talks on Koko allegated that Mantashe's daughter was beneficiary of Kusile corruption.

'Board minutes show Gupta firm's plans to pull the plug on Eskom coal supply'

'Board minutes show Gupta firm's plans to pull the plug on Eskom coal supply'

Gupta-linked Tegeta wanted Eskom to up money it pays for coal but the utility retaliated with legal action, says AmaBhungane.

Popular articles
Proudly South African Sxollie cider is winning awards, conquering the world

Proudly South African Sxollie cider is winning awards, conquering the world

The Money Show’s Bruce Whitfield interviews Sxollie cofounder Karol Ostaszewski for his weekly “ShapeShifter” feature.

Are you ready to 'Walk the Talk' with 702 & MTN?

Are you ready to 'Walk the Talk' with 702 & MTN?

The annual MTN Walk the Talk with 702 takes place on 22 July this year, under the theme 'Walking for South Africa'.

[LISTEN] Father shares how he shot the man who raped his daughter

[LISTEN] Father shares how he shot the man who raped his daughter

Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.

Soulful Sundays Playlist: Sunday 11 June 2017

Soulful Sundays Playlist: Sunday 11 June 2017

Favourites to feed your soul on Sunday.

Is the lovable Winnie The Pooh a boy or girl?

Is the lovable Winnie The Pooh a boy or girl?

A trending Twitter debate has left social media users arguing over whether Winnie the Pooh is a girl or boy.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?