Johnathan Paoli
Public Enterprises Minister Pravin Gordhan has confirmed that the process of selecting a new CEO for Eskom is still underway and the expected turnaround plan for Transnet is being put in place.
Gordhan informed Parliament on Wednesday, about both the process of appointing new management to the power utility since Andre de Ruyter’s resignation; as well as the status of Transnet and its recovery in light of its collapse.
The Minister said during a question and answer session that the power utility should have a new CEO by the end of the year, and that three names will be submitted for consideration in line with the legal requirements.
Gordhan came under fire from both the EFF and the DA and has been blamed for the collapsing of the country’s major SOEs.
EFF MP Omphile Maotwe asked whether the circumstances leading to black executives leaving State-Owned Enterprises without completing
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