Today's Labour News

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eskomANA reports that power utility Eskom on Sunday advertised the top positions of group chief executive officer (CEO) and group chief financial officer (CFO), and gave interested parties two weeks to apply.  

Last month, the government appointed a new 13-member board for the troubled state-owned company, with businessman Jabu Mabuza taking over as chairman and Phakamani Hadebe as acting CEO.  The government instructed the newly elected Eskom board to find suitable candidates to fill the group CEO and group CFO positions permanently within the next three months.  Eskom has been a revolving door for CEOs and acting CEOs in the period dating back to the early 2000s, with Thulani Gcabashe, Jacob Maroga, Mpho Makwana, Brian Dames, Collin Matjila, Tshediso Matona, Brian Molefe, Matshela Koko, Sean Maritz and now Hadebe in 2018.  Controversial CFO Anoj Singh resigned in January at the time of testifying at the parliamentary portfolio committee on public enterprises, which is probing governance failures at Eskom.

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