Johannesburg – Public Enterprises Minister Lynne Brown has unveiled an interim Eskom board, which has the uphill challenge of steering the state-owned power utility out of its quagmire of controversies.
She has appointed four new interim members to the board to bring it to nine. There should be 15 members, Brown told media on Friday. They are interim board members until she takes it to Cabinet, she said, following the Eskom annual general meeting.
The new members are Pulane Molokwane, Simphiwe Dingaan, Banothile Makhubela and Sathiaseelan Gounden.
"These members, together with the two executives directors, the group chief executive officer and group chief financial officer, will constitute an interim board until their names – and others to further strengthen the Board – are taken to Cabinet for approval in the next cycle," Brown said.
"I believe the interim arrangements represent a new dawn at Eskom, which recorded positive results according to its financial results presented to the AGM today. The company is in a better financial position than it was a year and two years ago. Eskom will announce their Integrated Financial Statements on 5 July 2017.
"I have asked Eskom’s new leadership to roll up its collective sleeves and immediately address three areas of primary importance: The management of contracts, conflicts of interest, and the quality of coal supplied to Eskom."