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The newly-appointed Eskom board has officially started its work. The Public Enterprises Minister Pravin Gordhan says Eskom is still dealing with many issues related to fraud and theft.

The Public Enterprises Minister Pravin Gordhan says Eskom is still dealing with many issues related to fraud and theft.He says there are still deliberate efforts to disrupt operations at some of the power stations.

“We cannot have a situation where on the one hand there are people who stand on platforms and demand growth and jobs, and on the other hand members of the organisation appear to do things which undermine the efforts that are currently being made. Part of the responsibility that the new board has, is to look into these matters and to understand what the loopholes are and there are many reports as to what the loopholes are but to also ensure there is a proper level of discipline.

He also serves as Chairman of the Advisory Board of the Investing in Africa Mining Indaba, Illovo SALtd, Gibela Rail Ltd.

 

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Elephant in the room is the pre-94 settlement agreement which was shoved down the GNU(Gov of National Unity) throat when it went cap-in-hand to the IMF-World for loans whose coditionalities included corporatisation of service delivery departments into now-dysfunctional SOE's.

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