Eskom Chairman Jabu Mabuza Resigns

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Power utility loses chairperson as Jabu Mabuza tenders his resignation in the middle of load shedding that is setting the power utility behind.

In a statement released by the presidency today, they say the president has noted resignation.

“Mr Mabuza tendered his resignation today, Friday 10 January 2020. In his resignation letter Mr Mabuza apologised for Eskom’s inability to meet the commitment it made to the President, the Deputy President and the relevant Ministers at a meeting on 11 December 2019 to avoid load shedding over this period.”

“As the Minister assigned responsibility for Eskom, Public Enterprises Minister Pravin Gordhan has accepted Mr Mabuza’s resignation. President Ramaphosa has expressed his gratitude to Mr Mabuza for serving Eskom and the nation during a challenging period and has commended Mr Mabuza for taking responsibility and accepting accountability for events under his leadership”

The presidency also added that President Ramaphosa wished Mr Mabuza all well in his future endeavours.

The 62 years old businessman was also appointed as acting CEO of July 29, 2019 shortly after resignation of Phakamile Hadebe.

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