Eskom chair Jabu Mabuza quit after failing to prevent loadshedding. The lesson?

Eskom chair Jabu Mabuza resigned from the power utility after failing to keep a promise to the President that he'll curb loadshedding.

Did he really fail in his mission or were the problems at the power utility simply too much?

What are the governance lessons from this?

One lesson is that the problems at Eskom cannot be blamed on one individual.

I'm not sure why he had to make that promise other than a public relations exercise.

But the recent development is a sign that issues of trust and confidence are being taken seriously by the government.

Dr Simo Lushaba, Governance Expert and Chairman - Empowered Growth Partners

The Eskom problems seem to be fundamentally technical problems.

Dr Simo Lushaba, Governance Expert and Chairman - Empowered Growth Partners

Jabu was in charge - he should take responsibility. I have not lost faith in him. I don't think he's done anything wrong. He gave it his best shot - he probably underestimated problems at Eskom.

Dr Simo Lushaba, Governance Expert and Chairman - Empowered Growth Partners

Listen to the full interview below.

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning.

Subscribe to our Business Wrap Newsletter


Recommended

by NEWSROOM AI
Read More
Positioning your business for success

Positioning your business for success

Positioning your business for success - what does this phrase even mean?

Is SA Express next in line for business rescue?

Is SA Express next in line for business rescue?

SAA has been placed in business rescue and this is placing SA Express in a risky position.

This is how you should invest your money for the next decade

This is how you should invest your money for the next decade

Personal Finance - Tips on how to invest your money.

Tito Mboweni says Lesotho and SA should 'remove the border'

Tito Mboweni says Lesotho and SA should 'remove the border'

Eyewitness News reporter Nthakoana Ngatane unpacks the finance minister's latest thread of tweets.

'I don't think anyone in the family wants to do Prince Harry any harm'

'I don't think anyone in the family wants to do Prince Harry any harm'

Eyewitness News UK correspondent Gavin Grey gives an update from the Queen's meeting with Prince Harry.

It is not my problem that ANC employees were paid late - Paul Mashatile

It is not my problem that ANC employees were paid late - Paul Mashatile

The African National Congress treasurer-general reflects on the January 8 statements and the salary affairs at Luthuli House.

Popular articles
[VIDEO] Family saved from being hit by speeding SUV goes viral

[VIDEO] Family saved from being hit by speeding SUV goes viral

Khabazela shares tweets and Facebook posts that have gone viral.