Eskom Appoints Mabuza as Acting CEO

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Eskom announced the appointment of Jabu Mabuza as an acting CEO and Eskom interim executive chairman, following the resignation of Phakamani Hadebe, Public Enterprises Minister Pravin Gordhan declared.

According to Hadebe, he prepares to leave the embattled power utility at the end of July, having announced his resignation as CEO back in May. Hadebe cited health reasons for his departure.

Gordhan in a statement said: “I have informed the Eskom Annual General Meeting (AGM) this afternoon [Monday] of my decision to appoint Mabuza as the interim executive chairman for Eskom and acting CEO of Eskom Holdings.

“Mabuza will assume the duty as acting Group Chief Executive Officer (GCEO) for Eskom due to the resignation of Hadebe, who leaves Eskom on 31 July 2019. Within the three month period during which Mabuza will be the Executive Chairman and Acting CEO, the Eskom board will conclude the process of identifying a suitable candidate to become the next Eskom GCEO.”

Eskom generates approximately 95% of the electricity used in South Africa and approximately 45% of the electricity used in Africa.

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