Last week, Cosatu said transformation should not be completely abandoned in the move to reform state-owned enterprises. Good governance and stable leadership at State-Owned Enterprises dominated discussions at the Alliance Political Council last week.
The partners have agreed on the need to fast-track the turn-around of Eskom, starting with the appointment of a permanent GCEO. The labour federation confirmed that the alliance reached an agreement on the candidate for a permanent Eskom GCEO. The search for someone to urgently steer the restructuring of Eskom has been dragging on for months.
During the discussions, Cosatu’s Sizwe Pamla raised the issue of transformation in attempts to fix SOEs. “Everytime where we have a problem with black executives, maybe either involved in nefarious activities or just collapsing the institutions, there is this instinct now to say we bring in white people, issues of transformation are still very central for us they are still important while our priority should be bringing in experienced and efficient people.
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