Today's Labour News

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eskomFin24 asks whether Brian Molefe resigned, retired or was retrenched as Eskom CEO and, more importantly, whether he will be retained as chief executive following his surprise return to the state power utility?  

These questions may only be answered in the North Gauteng High Court as part of the Democratic Alliance’s application to have his reappointment reversed.  Parliament’s public enterprises committee had hoped to get answers from Public Enterprises Minister Lynne Brown and the Eskom board on Friday, but this was scrapped as the matter is sub judice.  Clarity on whether Molefe resigned, retired or was retrenched will be a factor in determining whether his reappointment was legal.  When he stepped down in November 2016, it was believed he had resigned to clear his name following the Public Protector’s State of Capture report which implicated him.  However, it then emerged that he was due to receive an early pension pay-out of R30m, but this was rescind by Brown.  Making matters murkier, it was reported on Wednesday that a retrenchment policy might have been used to approve the R30m pay-out.  Meanwhile, Brown said on Wednesday that she will talk to President Jacob Zuma and Deputy President Cyril Ramaphosa to resolve the controversial return of Molefe.

Read this report by Matthew le Cordeur in full at Fin24

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