Eskom’s leadership changes threaten growth, warns Black Business Council
The Black Business Council (BBC) said the leadership changes at Eskom threatened economic growth. Speaking at the council’s offices in Illovo, president Danisa Baloyi said: "State-owned entities [SOEs] are very crucial and very important. Leadership at these institutions are critical for economic growth.… We’re pushing for radical economic transformation and the programme of the black industrialists. It affects economic growth." The briefing was in response to the announcement that acting CEO of Eskom Johnny Dladla was removed from his position on Friday and replaced with Sean Maritz. Black Business Council chairman Seiko Rasethaba said: "We urge the board of Eskom to reinstate Mr Dladla immediately and the immediate appointment of the new and capable board of directors." WATCH: The BBC's George Sebulela discusses how the game of musical chairs at Eskom could be hurting economic growth.
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