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Eskom, CEO Matona part ways

May 18 2015 17:50

Cape Town – The Eskom Board and Chief Executive Tshediso Matona have agreed to part ways, according to Eskom.

Eskom said in a statement to the media that its board and Chief Executive, Tshediso Matona, have mutually agreed to part ways on an amicable basis.

The Eskom board decided to suspend Matona on March 12 because the Eskom management allegedly provided unreliable and inconsistent information to the war room, the high-level task team headed by Deputy President Cyril Ramaphosa and which was formed to deal with the power crisis.

“It is expressly noted that no misconduct or wrongdoing is alleged by Eskom against Mr Matona.” it said. 

“Mr Matona believes that the agreement to part ways is in the best interest of Eskom, to allow the Board to pursue its plans for the company under the current leadership.”

“With the separation, the inquiry initiated by the Board into the state of affairs at Eskom will continue as planned, and Mr Matona’s suspension falls away. 

"The separation is also by no means an anticipation of the outcomes of the inquiry, the latter whose objective is to enable the organisation to deal with its challenges.

“Having considered his contribution at Eskom, and his vast professional and leadership experience, Eskom is of the view that Mr Matona can still play a vital role for South Africa, whether within commercial business or the Public Service sector.

“Eskom thanks Mr Matona for his contribution during his term at Eskom,” Eskom said.



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