Jabu Mabuza appointed Eskom acting CEO

Public Enterprises Minister Pravin Gordhan announced in a statement on Monday afternoon that he has appointed Eskom Chairman Jabu Mabuza as acting CEO.

Mabuza will assume the duty as acting group CEO for Eskom because of the resignation of Phakamani Hadebe. Hadebe leaves Eskom on July 31.

Joanne Joseph on the Afternoon Drive Show spoke to Gordhan spokesperson Adrian Lackay about the appointment.

It's pretty much an interim measure for the next three months necessitated by the departure of Mr Radebe, to ensure continuity and ensure that the board is instructed to really go and aggressively search for a suitable candidate for a permanent Eskom Holdings group CEO and to see what the market appetite is for that.

Adrian Lackay, Spokesperson - Department of Public Enterprises

Mr Mabuza has been the chairman since January 2018 and, initially, the focus was to bring stability to Eskom and to get rid of some of the rot that had beset the institution.

Adrian Lackay, Spokesperson - Department of Public Enterprises

There is great urgency to start a roadmap for Eskom to embark on a process of the separation of its business divisions. [Finance Minister] Tito Mboweni wants a chief restructuring officer appointed as soon as possible. The focus of that position must be predominantly on the balance sheet issues.

Adrian Lackay, Spokesperson - Department of Public Enterprises

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