Eskom executives suspended
Written by: Steven Bacher
The challenges at Eskom are not new. We are all familiar with their struggle to produce power for the last seven years. It is the power struggles in the board room that are far more debilitating than any fault on the grid. Today we hear with surprise that the CEO and three other senior officials have had their lights switched off. Yes, they are under suspension. In his budget speech the Minister of Finance did not hint at any board of inquiry or any suspensions. A board of enquiry will be set up to determine amongst other things:
• The poor performance of the generation plant.
• Delays in bringing the new generation plants on-stream.
• High costs of primary energy.
• Cash flow challenges.
The details were very scant to say the least and it’s what wasn’t said rather than what was said that caught my attention.
These actions by Eskom’s board have left us with more questions.
Why did the President and Min Nene say we were on course in the State of the Nation address and budget speeches respectively, but the people who are supposed to be guiding Eskom are now suspended?
The charges against the executives seem very broad? We want to know the specifics.
April was earmarked for the end of load shedding and stability to the grid. Will that deadline be met?
We need honesty, clarity and transparency from Eskom; sadly like the power is short supply.