Bankrupt Eskom appoints eight new senior managers

Die Vryburger

0
Bankrupt Eskom appoints eight new senior managers
Bankrupt Eskom appoints eight new senior managers

The South African power supply company Eskom has appointed another eight senior managers amid a serious money shortage. Initially, Eskom would have got rid of the ‘overcrowding’ of so called executives and CEOs, but the intention now has taken a new turn with more appointments being made.

Eskom’s eight posts are in the highly paid Eskom rankings bracket and include several group executive positions that will tax the industry with millions of Rand.

The vacancies are apparently only ‘acting posts’, but at least three group CEOs have been appointed. It is not known what the duration of the ‘acting posts’ will be, but is estimated at at least 12 months.

The appointments bring Eskom back to a total of at least ten senior executives, and the entity will spend millions of rand monthly which is money they do not have.

Read the original article in Afrikaans on Die Vryburger

South Africa Today – South Africa News

Eskom concludes revised executive structure

Eskom takes 24 years to figure it out! Fires 12 executive staff

Related Post

Man killed, woman critical after shooting in Fourw... A man was killed and a woman critically injured this morning following a shooting incident in Fourways, Johannesburg. Life Fourways paramedics resp...
Applications for interdict against BLF from occupy... Ten applicants, all wine farmers, filed an urgent interdict at the Western Cape High Court against Black Land First. The application was made to pr...
After 25 years of ANC rule, South Africa is on the... Parliamentary debate: “Growing and transforming South Africa together from an apartheid state to a thriving democracy”. South Africa is, in every prac...
MTN supports the racist EFF and ANC but not the Af... The civil rights organisation AfriForum declared a dispute with MTN and launched a public campaign over the alleged racist action that is supported by...
Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with SouthAfricaToday.net, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.