Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Hogan: Zuma didn't interfere

Nov 05 2009 11:12

Related Articles

Eskom to clear up Maroga rumours

Hogan defends Maroga

Zuma 'saved Eskom boss'

CEO crisis harms Eskom

Eskom failed to fill key posts

Eskom concerns foreign investors

 

Top Stories

Greece at last approves austerity measures

58 minutes ago

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.

Financial mess 'unintended', says Nedbank

Feb 12 2012 15:59

Moral hazard, financial weapons of mass destruction, a huge mess - these were the words used by a founder member to sum up the collapse of the Pinnacle Point Group.

Construction looks to more graft

Feb 12 2012 15:58

Construction companies are now undertaking a second round of self-examination into uncompetitive behaviour.

 
Share Share line Print

Johannesburg - President Jacob Zuma did not interfere in the controversy surrounding Eskom CEO Jacob Maroga and the board of directors, Public Enterprises Minister Barbara Hogan said on Thursday.

"It has come to my attention that there is an apparent breakdown in relations between the board of directors of Eskom and the CEO," she said in a statement released ahead of a press conference expected to be about the matter.

"As Eskom's shareholder, I am committed to actively engaging with all relevant parties to ensure and secure the best possible solution and outcome for Eskom and the public.

"As shareholder, government has indicated to all relevant parties that this matter should be resolved expeditiously, with due regard to every single person's dignity and rights.

"I would like to add that at no point did the President of the Republic, Mr Jacob Zuma, interfere in any way whatsoever with this process."

Government was mindful that the employment contract was between the board of directors and the CEO, which was governed by applicable labour laws that do not permit interference by the shareholder.

The shareholder must though ensure that any dispute or breakdown in governance relations in a special operations executive was attended to with due process respected.

"We are confident that all parties do have the best interests of the country at heart and that they will resolve this matter with the urgency that it deserves."

The statement was in response to a fin24 report that Zuma had intervened to prevent Maroga's sacking.

Eskom chair Bobby Godsell will brief the media on "the current developments at Eskom" at its Johannesburg headquarters, says the company's media desk.

- Sapa

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook still a closed book in China
Feb 08 2012 16:59

Mark Zuckerberg wants to ''friend'' China's massive market but how far is he prepared to go, and against what competition?

Attie

Whilst doing my regular book browsing at Exclusive Books just before Christmas 2011 a book with the simple title “My Book” caught my eye. Paging through the book I saw nothing else but wild life photographs with accompanying quotations by either the author or another well-known person. ... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...