The South African Chamber Commerce and Industry welcomes the appointment of the new board of Eskom. We hope that under the chairmanship of Mr Jabu Mabuza, the new board will get on with the urgent mammoth task of stabilizing Eskom and fixing its governance structures and processes to stabilise the corporation.

Eskom has big challenges with its mega capital projects and ability to trade out of the difficult financial and operational challenges it faces.

We also welcome the statement that the board has been tasked with finding a suitable candidate to fill up the position of Group CEO.

The Eskom board should speedily start with the process of identifying and recruiting the best permanent executive talent for Eskom.  At this time the board has an opportunity not to compromise on a suitable candidate with competence, experience, and a performance track-record and leadership capabilities. We encourage the board to look for and find the best talent locally or abroad. Eskom’s challenges require this aspect to be taken very seriously and diligently.

 

Issued by SACCI