Eskom's chairperson, Mpho Makwana, has announced his resignation, with Minister of Public Enterprises Pravin Gordhan revealing that Makwana will step down at the Eskom Annual General Meeting scheduled for the end of October.
Eskom’s chairperson, Mpho Makwana, has announced his resignation, with Minister of Public Enterprises Pravin Gordhan revealing that Makwana will step down at the Eskom Annual General Meeting scheduled for the end of October.
The reason behind Makwana’s abrupt exit was not explicitly disclosed, but it’s been known that he had been at odds with Minister Gordhan over the process of appointing a new CEO for Eskom. However, Gordhan raised concerns about the selection process, citing the need to submit a shortlist of three candidates and consider individuals over the age of 60, both of which Makwana and the board had not done.
The relationship between Gordhan and Makwana had significantly deteriorated in recent months, particularly due to disagreements surrounding the CEO appointment, with trust between Gordhan and several board members also faltering.
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