Appointment of Hadebe at Eskom shows Ramaphosa is serious about rooting out corruption

UASA welcomes the confirmation of Mr. Phakamani Hadebe as CEO of Eskom,

as announced by Public Enterprises Minister Pravin Gordhan today.

After the destructive reign of Pres. Jacob Zuma, where we saw government coffers looted by politicians and their compatriots, it is comforting to have a president like Cyril Ramaphosa at the helm and Gordhan as Minister of Public Enterprises, who can clearly identify the rot and meticulously peel the onion until they find it and deal with it.

We have seen this with Denel, Transnet, South African Airways, SA Express and are seeing the same happening at Eskom.

Gordhan’s appointment of new boards, through which new and hopefully capable senior management are being put in place, are equally welcome. While it will take time to turn around the respective state-owned enterprises, we can take comfort in the strong focus on the transformation of these enterprises into viable and sustainable business that can add shareholder value as opposed to the destruction that we experienced hitherto.

The latest appointments are proof that Ramaphosa is serious about rooting out corruption.

Our hope is that the Minister of Cooperative Governance and Traditional Affairs, Dr Zweli Mkhize will be able to achieve the same successes with municipalities, 70% of whom are dysfunctional and an open drain to the fiscus.

           

For further enquiries or to set up a personal interview, contact Andre Venter at 083 251 3274.