Eskom acting CEO steps down from KKM

Eskom acting CEO steps down from KKM

2014-04-02 13:05

Johannesburg - Acting Eskom CEO Collin Matjila has stepped down as CEO of the Kopano ke Matla (KKM) investment company, Congress of SA Trade Unions (Cosatu) said on Wednesday.

"The federation thanks him for all the work he has done for KKM over many years and wishes him well in his new position," Cosatu spokesperson Patrick Craven said in a statement.

KKM handles Cosatu's investments.

Matjila assumed the Eskom acting chief executive position on Tuesday, after the resignation of Brian Dames, who was at the helm of the power utility for almost four years.

Craven said Cosatu's national office bearers were working to ensure a smooth management transition at KKM.

"Collin Matjila has indicated his availability to deal with any outstanding issues at the company of concern to Cosatu," he said.

The Eskom board said last week that once a permanent CEO had been appointed Matjila would return to his position as a non-executive director of the board.

  • Jason Rom - 2014-04-02 13:50

    tg waste of time

      Scelo Vezulv Ngubane - 2014-04-02 16:04

      What kind of investments are they talking about..can I trust my lawyer if he/she have investemnts with my employer??

  • Kevin Marsh - 2014-04-03 05:32

    Why does the ANC not put real business leaders in place . Window dressing is costing billions .

  • Vusumuzi Mdamba - 2014-04-03 11:59

    Again it is so embarrassing that with many capable hands in the country, we are so obsessed with the so called"cadres". We need a new broom from outside Eskom. The Magalies Water CE , Mboniseni Dlamini is one such person. We need people with good technical backgrounds who have turned around their own institutions for consideration. I am disappointed, why the board didn't ask one of its Group Executives to act like Ayanda Noah, even if she applied for the post. I just hope people like Sipho Mkhize, Mboniseni Dlamini, Phuthuma Nhleko did apply. We need such people and nothing else. Zuma must shine after these election in order for him to leave the state on a high note in 2019. He must put the right people in parastatals.

  • pages:
  • 1