Today's Labour News

newsThis 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.

eskomReuters reports that Dan Marokane is about to tackle the hardest job in SA, namely getting the lights back on.

As CEO of state power utility Eskom, he takes on an organisation which is hampered by alleged coal theft and sabotage and which faces financial and technical crises. Eskom’s board chair Mteto Nyati indicated in an interview: “There are two things here that need to be done simultaneously. One is to fix the current business. And the other is to reposition and restructure Eskom so that it can be relevant for the future.” Marokane, whom Eskom said would not speak publicly until he formally begins his tenure on Friday, previously served as a senior Eskom executive for five years until 2015. “He’s going to be able to learn and hit the ground running,” Nyati said. Others are less optimistic. Eskom’s role in powering the country’s economy has made the CEO job SA’s most high-profile executive position. But its challenges mean fewer and fewer corporate high-flyers are willing to take it on. Eskom’s top job has become a revolving door through which more than a dozen CEOs have passed over the past 15 years, serving in either a permanent or acting capacity.

  • Read the full original of the report in the above regard by Joe Bavier & Olivia Kumwenda-Mtambo at BusinessLive


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