Former chief of Eskom says current board is recipe for disaster

Former chief of Eskom says current board is recipe for disaster

Matshela Koko, the former acting chief executive of Eskom says the current board that was appointed in 2018 doesn't have the proper knowledge about managing a power utility and this is a recipe for disaster.

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Eskom's ex-CEO, Matshela Koko, feels that the power utility's current board is not suited to manage it.

He says that only 2 of the 13 board members have any experience in the energy sector and that the board is a recipe for disaster.

This whole board doesn't have experience in generation operation, which is key to running the power utility.

This is according to a report by IOL News, which states that the men and women on the board are in the dark on how to manage a power utility.

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Jabu Mabuza chairs the board, which was established in 2018, and the group chief executive is Phakamani Hadebe, while Calib Cassim is the chief financial officer.

According to the news report, they have impressive CVs but no useful experience in energy.

Dr Rod Crompton and Nelisiwe Magubane are the only 2 members who have experience in the energy sector, Briefly.co.za learned.

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When the media approached Eskom for comment, the utility's spokesperson, Khulu Phasiwe, directed questions to Public Enterprises Minister Pravin Gordhan's spokesperson Adrian Lackay.

Lackay simply said: Eskom's problems didn't start in January 2018 when the current board was appointed.

Koko made a comparison to the UK and U.S on social media to prove his argument about experience, or lack thereof, on Eskom's board:

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Source: Briefly.co.za

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