Eskom and Denel announcements show true state of SOE’s
25 September 2015
Today’s announcement that Public Enterprises Minister, Lynne Brown, has appointed the politically useful Brian Molefe as Eskom’s permanent CEO is another unfortunate move to reward ANC loyalty ahead of actual ability.
Molefe is an ANC cadre that has been passed around a number of State-Owned Entities (SOEs), including Transnet, Telkom, Airports Company South Africa (ACSA) and the Public Investment Corporation (PIC), and his appointment as Eskom CEO is based on loyalty as opposed to ability and performance.
The DA has consistently called for a permanent CEO to lead Eskom and our country out of these dark times – however that CEO required both political neutrality and vast energy sector expertise and experience. Sadly, Molefe ticks neither of these boxes.
The fact is Molefe offers nothing to Eskom besides being well connected to the ruling party.