New Eskom CEO commits to minimising load shedding:Monday 20 April 2015. Eskom's newly appointed acting Chief Executive Officer Brian Molefe says they will seek ways to obtain energy reserves to use during maintenance of power plants.
(SABC) Eskom's newly appointed acting Chief Executive Officer, Brian Molefe, has promised to work with his team to minimise load-shedding in the country during maintenance. Public Enterprises Minister, Lynne Brown, announced on Friday that the Transnet CEO had the necessary expertise to help deal with the challenges facing the power utility. Eskom has been implementing load shedding for more than a week now. In an interview with SAfm AM Live, Molefe says they will seek ways to obtain energy reserves to use during maintenance. “We need an additional amount of megawatts of electricity as a buffer to stop load shedding from happening, as a buffer that allows us to switch off some of the generative machines to allow us to do maintenance, maybe 2000 megawatts. Matona not pushed: Eskom:Tuesday 19 May 2015. Eskom has refused to disclose how much Tshediso Matona will get as his exit package.
(SABC) Power utility, Eskom, says its former chief executive officer, Tshediso Matona, was not pushed to resign. Spokesperson for the utility, Khulu Phasiwe, says Matona initiated the separation and told the board he wants to pursue other interests. He and three other executives were suspended in March while an inquiry was being planned into the operations of the power utility. Phasiwe confirms that “Matona and the Eskom board agreed to part ways amicably.” He adds: “We would also like to put it on record that Matona was not pushed.
Phasiwe further says the investigation will continue. Reports on Monday said Matona has been given a financial exit package, with Eskom keeping mum on how much has been spent. Asked what sum Matona will be paid as part of his exit package, Phasiwe said it would be made public when the end of the year report is released. Click below to read related stories. Eskom CEOs suspension challenge struck from roll:Friday 27 March 2015. Suspended Eskom CEO Tshediso Matona has served the company for less than six months.
(SABC) Eskom CEO Tshediso Matona's challenge to his suspension was struck from the roll at the Labour Court in Johannesburg on Friday. "The application is struck from the roll," said Judge Benita Whitcher. He was suspended on 11 March after refusing to step aside as chief executive so the board could hold an inquiry into the crisis at the power utility. On March 12, Chairperson Zola Tsotsi announced that Matona, Finance Director Tsholofelo Molefe, Group Capital Executive Dan Morokane, and Commercial and Technology Executive Matshela Koko had agreed to step aside to allow for the inquiry. The court heard that Matona had been suspended the night before. He also filed a complaint with the Commission for Conciliation, Mediation and Arbitration (CCMA).
Giving reasons for her order, Whitcher said she had had to weigh the prejudice that each party said they might suffer. Matona awaits ruling on his suspension:Friday 27 March 2015. Suspended Eskom CEO Tshediso Matona's legal team argued that he was not accused of any wrongdoing and therefore his suspension was unlawful.
(SABC) Judgment in the case in which suspended Eskom chief executive officer, Tshediso Matona, is challenging his suspension will be handed down in the Labour Court in Johannesburg on Friday. The case was reserved on Thursday. Matona's legal team argued that he was not accused of any wrongdoing and therefore his suspension was unlawful. He and three other senior executives were suspended two weeks ago after an independent inquiry was instituted into Eskom's affairs. Reports allege that the reason for the suspensions is because Matona and his executives had initiated an audit into the parastatal's tender processes.
Eskom's counsel, Paul Kennedy SC, said he should rather wait for the outcome of the inquiry, which was scheduled to last for three months. Related articles: Eskom's woes continues, by sabcnewsonline. Four Eskom executives suspended:Thursday 12 March 2015. Eskom CEO Tshediso Matona is among those suspended.
(SABC) The chief executive of South Africa's power utility Eskom has been suspended to allow for an inquiry into the operations of the troubled utility, its chair Zola Tsotsi said on Thursday. Eskom, which provides virtually all the electricity in Africa's most developed economy, is facing a funding crunch as it races to bring new power plants online and is implementing power cuts to prevent the grid from being overwhelmed. Tsotsi said the board of the state-run company had met on Wednesday and decided to suspend Eskom's CEO Tshediso Matona and three other senior executives of the utility.
Tsotsi said the government had backed the probe, which he said would last at least three months. Matona was appointed chief executive in August last year. "We have asked the executive to step down in the interests of achieving results," Tsotsi told a televised media briefing. Government is to give it a R23 billion bailout. Eskom CEO to challenge suspension:Thursday 26 March 2015. Tshediso Matona is taking legal action against Eskom, claiming it contravened the Labour Relations Act when it suspended him.
(SABC) Eskom remains in the spotlight on Thursday with several issues unresolved. The case in which the utility's CEO, Tshediso Matona, is challenging his suspension, will be heard in the Labour Court in Johannesburg on Thursday. Matona is taking legal action against Eskom, claiming it contravened the Labour Relations Act when it suspended him. He will be represented by lawyers from Cheadle Thompson and Haysom while Eskom will be represented by Bowman Gilfillan. Most Legal experts say Matona's court action is likely to put blame on government. His suspension came at a critical time when the power utility needs stable leadership due to its financial and operational challenges.