Eskom board | SA Radio .com

Having survived wrongful allegations of racism, Eskom CEO Andre de Ruyter has now resorted to legal action against his own board, in his fight to clean up Eskom and rid it of the systemic corruption that has plagued it ever since ANC took over in 1994.

Andre de Ruyter is fighting in court to scrap a massive corrupt tender with a BBBEE company called Econ Oil, a contract which was approved by all seven members of the current Eskom board, including current chairman Malegapuru Makgoba.

The new tender was issued to Econ Oil in October 2019 for the supply of oil to Eskom and De Ruyter only became Eskom CEO in January 2020. However all seven members of the current board, including the chairman, Prof Makgoba, were already board members by then and approved the deal with Econ Oil. The Board members were Malegapuru Makgoba (Chairman), Calib Cassim (Chief Financial Officer), Pulane Molokwane, Banothile Makhubela, Rod Crompton, Busisiwe Mavuso and Tshepo Mongalo.

De Ruyt
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While the government has been criticised for selecting a white executive as Eskom CEO, a new report from the Sunday Times states that 27 black executives were offered the position first.

They all declined.

The report stated that Eskom created a list of the executives it would like for the role of CEO and hired a recruitment agency to contact them.

“All of them said no. A lot of black executives don’t want anything to do with state-owned entities,” a government source told the newspaper.

This was due to the expected political interference and the fact that state-owned enterprises have “ruined a lot of careers and expectations”.

This list reportedly included Eskom board members Nelisiwe Magubane and Sifiso Dabengwa.
White CEO

Following the lack of interest from these executives, it was announced that Nampak CEO Andre de Ruyter would take the position at the head of Eskom.

The National Union of Mineworkers and the National Union of Metalwor
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Posts tagged with 'Eskom board'

Eskom CEO De Ruyter Goes to Court to Annul R 8 Billion Corrupt BBBEE Tender Approved by Current Board!

27 top black executives were asked to be Eskom CEO – They all said no