{"id":319196,"date":"2019-05-24T19:16:40","date_gmt":"2019-05-24T17:16:40","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=319196"},"modified":"2019-05-24T19:19:16","modified_gmt":"2019-05-24T17:19:16","slug":"eskom-ceo-announces-resignation","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/319196\/eskom-ceo-announces-resignation\/","title":{"rendered":"Eskom CEO announces resignation"},"content":{"rendered":"<p>The Eskom Board has announced that Eskom Group Chief Executive Officer Phakamani Hadebe will step down at the end of July 2019.<\/p>\n<p>According to the Chairman of the Eskom Board, Jabu Mabuza, Phakamani has been instrumental in driving stability at Eskom during a very challenging period at the organisation.<\/p>\n<p>\u201cWe have learnt to depend on his resilience to drive the kind of transformation that South Africa expects of our organisation,\u201d said Mabuza.<\/p>\n<p>\u201cAppreciating the toll that this takes on an individual, we have had to, with regret, accept his decision.\u201d<\/p>\n<p>\u201cIt is no secret that this role comes with unimaginable demands which have unfortunately had a negative impact on my health,\u201d said Hadebe.<\/p>\n<p>\u201cIn the best interests of Eskom and my family, I have therefore decided to step down.\u201d<\/p>\n<p><strong>Fighting corruption<\/strong><\/p>\n<p>Hadebe said the company has been plagued by corruption at all levels in the organization.<\/p>\n<p>He said they are working with the Special Investigations Unit (SIU) to identify and root out corrupt behaviour and activities.<\/p>\n<p>\u201cWe have identified a number of companies that need to pay Eskom back for questionable dealings they have been involved in,\u201d Hadebe said.<\/p>\n<p>What is of grave concern, he said, is that these companies could not be involved in corrupt dealings with Eskom without the active enablement and support from some Eskom employees.<\/p>\n<p>He is, however, confident of change and said he looks forward to a future where Eskom employees are energized to go to work and give of their best.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/energy\/317666\/eskoms-plan-to-raise-r200-billion-through-new-finance-model\/\" target=\"_blank\" rel=\"noopener noreferrer\">Eskom\u2019s plan to raise R200 billion through new finance model<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Eskom Board has announced that Eskom Group Chief Executive Officer Phakamani Hadebe will step down at the end of July 2019.<\/p>\n","protected":false},"author":31,"featured_media":288044,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[26],"class_list":["post-319196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/319196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=319196"}],"version-history":[{"count":8,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/319196\/revisions"}],"predecessor-version":[{"id":319212,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/319196\/revisions\/319212"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/288044"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=319196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=319196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=319196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}