The board of power utility Eskom is expected to be “reconstituted and restructured” following a meeting with Department of Public Enterprises Minister, Pravin Gordhan.<\/p>\n
The State-owned electricity company has been facing serious and recurring challenges since June this year – reaching a nadir of Stage 6 load shedding twice over the past four months.<\/p>\n
The department explained that the term of the board had expired in 2021 and that a review of its work has been underway.<\/p>\n
“The Minister has been in constant engagement with the board on various matters such as procurement, recruitment of former and experienced Eskom employees, and combating fraud and corruption.<\/p>\n
“On Tuesday, the Minister informed the board that a review has been finalised and that the board will soon be reconstituted and restructured. The board members will be informed of the outcome of the process,” the department said.<\/p>\n
The DPE said a new board for the entity will be revealed soon.<\/p>\n
“Government will soon deliberate on the reconstitution of a new and restructured Eskom board and an announcement will be made in due course.<\/p>\n
“Minister Gordhan thanked the current board for their service during the most challenging period of the entity,” the department said.<\/p>\n
Source: South African Government News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
The board of power utility Eskom is expected to be “reconstituted and restructured” following a meeting with Department of Public Enterprises Minister, Pravin Gordhan. The State-owned electricity company has been facing serious and recurring challenges since June this year – reaching a nadir of Stage 6 load shedding twice over the past four months. The … <\/p>\n