This news aggregator site highlights South African labour news from a wide range of internet and print sources. Each posting has a synopsis of the source article, together with a link or reference to the original. Postings cover the range of labour related matters from industrial relations to generalist human resources.
BL Premium reports that according to Public Enterprises Minister Pravin Gordhan, the process of appointing a new Eskom CEO to replace André de Ruyter is nearing completion.
The power utility’s CFO, Calib Cassim, was appointed as interim CEO in February after the abrupt departure of De Ruyter. “The board is on course identifying and appointing a group CEO … and within the next month or so there should be some announcements,” Gordhan said during the tabling of the public enterprises budget for 2022/23 in parliament. Eskom is at the heart of the country’s energy crisis, as it implements ever higher stages of load-shedding, often at short notice. The energy crisis is unlikely to wane in 2023, with Gordhan telling the portfolio committee on public enterprises on Tuesday that SA will have to “settle for load-shedding of a significant order until end of the year at least”. He added: “Determined efforts are being made by the government to ensure that the generation capacity of Eskom is being complemented by the introduction of new capacity to end load-shedding.” As part of the overhaul of the power utility, a separate transmission company would be operational by November followed by the corporatisation of the separate distribution company in December, Gordhan indicated.
- Read the full original of the report in the above regard by Thando Maeko at BusinessLive (subscriber access only)
Get other news reports at the SA Labour News home page