eskomANA reports that the Democratic Alliance (DA) on Sunday urged Public Enterprises Minister Lynne Brown to stop bonus payments to “ineffective” Eskom executives.  

Brown has the power to stop “the handover of millions of public money to Eskom executives who have utterly failed, and, in some cases, are the cause of the dire financial situation at the power utility”, DA spokeswoman, Natasha Mazzone said.  This referred to short-term bonuses of R5.5-million for three former and current executives, which formed part of a R13-million payment for top executives, namely R2.1-million for former Eskom CEO Brian Molefe, R1.5-million for suspended acting CEO Matshela Koko, and R1.9-million for CFO Anoj Singh.  Mazzone claimed that Eskom finances were in a shambles and she claimed that the state-owned power utility “may not be able to pay salaries to its 49,000 employees come November,” which Eskom has since refuted.


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