https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Black Business Council says Eskom CEO musical chairs doesn’t inspire confidence


Close

Embed Video

1

Black Business Council says Eskom CEO musical chairs doesn’t inspire confidence

9th October 2017

By: African News Agency

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The Black Business Council (BBC) said on Monday that it was concerned by the sudden change of leadership at State-owned power utility Eskom, saying that government must give the enterprise some space and not meddle in its affairs.

This comes after Eskom last week appointed its chief information officer and group executive for information technology, Sean Maritz, as its interim group chief executive in a “rotational basis” of the executive role. He joined the executive committee in June last year after 28 years at Eskom.

Advertisement

Maritz replaced Johnny Dladla who occupied the role of interim group chief executive since June following the suspension of another interim group chief executive, Matshela Koko.

Eskom is filling the top job on a rotational basis but said it would in due course begin recruiting a permanent chief executive, stressing that this was crucial for organisational stability.

Advertisement

BBC chairperson Sello Rasethaba said that they had met with Eskom’s top management two weeks ago and emphasized that the BBC will not tolerate corruption and bad leadership.

“The recent changes in leadership do not inspire confidence and exacerbate damage to the economy. Mr Dladla has been Acting CEO for 107 days and this will cultivate despondency for staff morale.  Nobody would want to see themselves in such a work environment.  Please stop the musical chairs,” Rasethaba said.

“We urge the board of Eskom to reinstate Mr. Dladla immediately and the immediate appointment of the new and capable board of directors.”

Rasethaba said that they did not understand why there was a rushed change of guard at Eskom when they have reliably learned that the power utility will have a new permanent board and permanent chief executive next month. 

He said the BBC believes that the South African government must promote the reform of state-owned enterprises (SOEs) instead of playing musical chairs with the leadership of the SOEs.

“We urge the South African government to give space and not to meddle in the affairs of SOEs while promoting and rewarding successful management and punishing those who give mediocre performance,” Rasethaba said.

“The government should give priority to setting realistic objectives for Eskom, including profitability, capital structure and non-financial objectives that Eskom is expected to deliver.  The OECD has suggested that the South African government professionalize SOE governing structures and refrain from short-termist political interference.”

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za