Eskom and Finance Director, Ms Tsholofelo Molefe, agree to part ways amicably

Thursday, 25 June 2015: Eskom and its Finance Director, Ms Tsholofelo Molefe, have mutually agreed to part ways on an amicable basis. Eskom reiterates that Ms Molefe is and was never suspected of any negligence, misconduct or wrongdoing.

Both parties believe that the agreement to separate is in the best interest of Eskom; to allow the Board to pursue its plans for the company under the current leadership.

With the separation, the enquiry initiated by the Board into the state of affairs at Eskom will continue as planned, and Ms Molefe’s suspension falls away. The separation is also by no means in anticipation of the outcomes of the enquiry, the latter whose objective is to enable the organisation to deal with its challenges.

Ms Molefe joined Eskom in July 2005 and held executive leadership roles in Transmission, Finance, Customer Services and lately, as Finance Director. Eskom thanks Ms Molefe for her contribution during her term at Eskom and wishes her well in her future endeavors.

Statement issued by Eskom, June 25 2015