The new Eskom Board and management appeared before a joint committee meeting of Public Enterprises and Mineral Resources and Energy, to discuss the energy crisis and issues relating to the Koeberg nuclear power station.
Makwana had to explain the board’s position following weekend media reports that a board member, Mteto Nyati, said that broad based black economic empowerment policies are hampering Eskom’s performance. Makwana had his hands full explaining remarks attributed to a board member, that broad based black economic empowerment policies could be crippling the struggling power utility even more.
“We don’t have mandate to deviate from existing government framework and policy on transforming the economy on BBBE and need to transform the supply chain so that they represent the aspirations for majority of South Africans to play a meaningful role in the economy of SA,” said Makwana.It has established a committee that will oversee the core functions of the utility.
“We can zoom in on critical challenges that are challenging Eskom, the ability to deliver on core business, keeping lights on, having a healthy energy availability factor, challenges around maintenance, all key things that trouble power stations. Engineering enviro our tech enviro, the oversight will be done by that committee.”“I believe our challenge will be leading on basis of ground up governance.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: News24 - 🏆 4. / 80 Read more »
Source: Moneyweb - 🏆 5. / 77 Read more »
Source: SABCNews - 🏆 37. / 51 Read more »