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Feb 13 2012 12:15
Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.
Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
Johannesburg - State-owned enterprises were being turned into "slaughterhouses" for black professionals such as Eskom chief executive Jacob Maroga, the Black Management Forum (BMF) said on Thursday.
The BMF said in a statement following the announcement of
Maroga's resignation (a Fin24.com report says that Maroga is not officially out of the picture, as he is yet to sign severance papers) that this "appalling trend" showed a total disregard for transformation of the socio-economic landscape.
Maroga had experienced a fate similar to the SABC's Dali Mpofu and Transnet heir-apparent Siyabonga Gama.
"We reiterate... that pushing experienced Africans to leave
these positions is aimed at destroying institutional memory and
experiences of Africans in the economy so that they remain at the bottom of the economic pyramid," it said.
However Jaco Kleynhans, spokesperson for the union Solidarity, said Maroga had simply not been able to manage the electricity supplier efficiently.
"The time has come for renewal in Eskom's management and that is exactly why Maroga's resignation is welcomed," he said.
The Freedom Front Plus also welcomed Maroga's resignation,
saying it would restore stability at Eskom and attract investors.
"His resignation will bring more certainty and investors will be more interested in South Africa now.
"Workers, [and] middle and senior managers at Eskom will also be more motivated to do their work," spokesperson Pieter Groenewald said.
Maroga should not be given a golden handshake as he did not
deserve any bonus.
"He has proven himself to be incompetent. We also call on
government to not redeploy Maroga in any other public enterprise as chief executive officer," Groenewald said.
The Independent Democrats said that given the persistence of
problems at Eskom, Maroga had done the "honourable thing" by
resigning.
Lance Greyling, the party energy spokesperson, said the resignation was however not a solution to Eskom's crisis.
"We need a far more transparent and accountable energy
governance system in South Africa, which will thoroughly scrutinise the actions of Eskom and involve all South Africans in deciding on our future energy choices."
- Sapa