South Africa’s debt-ridden state power utility is recruiting its 14th CEO in a decade, but finding someone who can do the job and wants it will be a tall ask.
Phakamani Hadebe, the previous permanent CEO appointee, resigned after less than two years because the “unimaginable demands” of the job took a toll on his health.
There’s also been an exodus of other senior staff. Two heads of the company’s flailing generation division and its energy transition manager have quit this year alone, while COO Jan Oberholzer is set to retire in April. Eskom’s problems date back to the 2000s, when the government failed to heed warnings that generation capacity was running out.
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