Eskom’s new chair wants to limit SOE’s drain on the fiscus

Eskom board chairperson Mpho Makwana said that reducing the power utility’s drain on the public purse is among the top priorities.

He and some members of the new board made their first in-person appearance in Parliament on Wednesday.

Makwana informed the Standing Committee on Public Accounts (Scopa) that the board had already begun on its turnaround strategy.

He said that the new board had already met twice since their appointment just over two weeks ago to apprise themselves of the myriad issues impacting the company.

Makwana said that irregular expenditure was top of mind.

“We are aligned with Scopa’s mandate to safeguard the public purse and to ensure Eskom operates within the acceptable prescripts.”

Eskom’s R400 million debt is also receiving attention.

“We are mindful of the need to have robust consequence management in Eskom and to ensure operationally, we ensure Eskom finds itself a way out of being a strain on the fiscus and on the economy.”

The board will have its first full sitting on 30 October.

-EWN

In other news – 3 top actors leave The River

Viewers of 1Magic’s telenovela The River have been all over social media trying to find out if lead actor Hlomla Dandala is leaving the show.

On Saturday, 15 October, the actor who plays as Zweli took to Instagram to share that he was leaving a show but didn’t specify which one. His fans automatically assumed he was talking about The River. He wrote: “The end of an actor’s time on a long-running show is always bitter-sweet. Learn More