Ben Ngubane quits amid Eskom turmoil
Eskom’s reputation has been torn to shreds
Ben Ngubane, the chairman of Eskom, has resigned amid management turmoil and probes into its financial dealings, weeks after its chief executive officer was removed. "Ngubane formally tendered his resignation, which I accepted," minister of public enterprises Lynne Brown said in the statement sent in a text message by spokesman Colin Cruywagen. The chairman cited personal reasons for stepping down, Khulani Qoma, Eskom’s board spokesman, said on Tuesday. Brown said she appointed director Zethembe Khoza as interim chairman "until I am able to take new board appointments to the cabinet for approval." While Ngubane had defended Molefe and praised the company’s management for ending power shortages that had stifled the economy, Pravin Gordhan, who Zuma fired as finance minister in March, accused its directors of abusing state property and resources for their own gain and suggested a forensic audit into decision-making at the utility. ‘Intractable Mess’ Ngubane told lawmakers last month t...
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