Eskom chairperson Jabu Mabuza resigns
Mabuza apologised for Eskom's inability to meet the commitment it made to the president.
On Friday, 10 January, the presidency announced the resignation of Eskom board chairperson Jabu Mabuza.
According to the announcement, in his resignation letter, Mabuza apologised for Eskom’s inability to meet the commitment it made to the president, the deputy president and the relevant ministers at a meeting on 11 December 2019 to avoid load shedding over this period.
Mabuza was appointed as Eskom’s board chairperson in January 2018 to turn around its financial disposition. Despite bailouts from the National Treasury, Mabuza was not able to save the power utility.
The presidency said in the announcement that Mabuza’s resignation has paved the way for government to announce plans for a re-configured Eskom board with the appropriate mix of electricity industry, engineering and corporate governance experience.