Today's Labour News

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eskomSunday Times reports that Public Enterprises Minister Lynne Brown last week quashed yet another bid by Eskom's board to pay former CEO Brian Molefe a multimillion-rand golden handshake.  

The request to pay Molefe a settlement of R11.2-million was made to Brown by interim board chairman Zethembe Khoza.  It came just months after the minister rejected an initial bid to pay Molefe a R30-million "early retirement package" in April.  Khoza's letter to Brown was dated 28 June, just two weeks after Ben Ngubane resigned as Eskom chairman.  The High Court in Pretoria is due to hear a case relating to Molefe's Eskom job shortly.  Last week Brown wrote back to Khoza, saying "there is no basis to support a settlement with Mr Molefe".  She added that:  "I find it disconcerting to be approached on settlement when, as alluded to in your letter, there are no rules at Eskom to support such an initiative."

  • Read this report by Mzilikazi wa Afrika in full at Sunday Times
  • See too, Public Enterprises declines comment on Molefe payout report, at EWN


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