Pravin Gordhan fought a good fight and stood head and shoulders above his peers in the ANC through the dangerous and desperate closing chapters of Jacob Zuma's presidency. Ever since he was rushed back into the National Treasury as finance minister, he has been at the centre of the storm around state capture that has dragged this country into a deep depression. As public enterprises minister he is still in this fight and it's a worthy cause. But I think it's one that, at this moment, needs to be divorced from the day-to-day operations of Eskom. The weeks of load-shedding point to a parastatal in need of operational focus - an executive and management team left to what miners like to call "sweating the assets". This is especially when commodity prices are low, which in Eskom's case, is when supply can't meet demand. The sole shareholder - the government - should allow for a return of proper governance of the institution for the first time in more than a decade. The board and its CEO,...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.