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Eskom CEO Brian Molefe quits

Newsdeck

Newsdeck

Eskom CEO Brian Molefe quits

By News24
11 Nov 2016 0

Cape Town - Chief executive officer of state-owned power utility Eskom, Brian Molefe, has quit.

Eskom spokesperson Khulu Phasiwe confirmed that Molefe had quit in a series of tweets posted on Friday afternoon.

“Eskom CEO Brian Molefe today announced that he’ll voluntarily step down from Eskom with effect from 1 January 2017,” said Phasiwe.

“Mr Molefe says he’ll take take time off to reflect before deciding on his next career move,’

Phasiwe said that Molefe’s “stepping down was not an act of admission of wrongdoing on his part”.

Molefe has come under the spotlight in the last week for appearing in Public Protector’s State of Capture report.

The report paints his close relationship with the controversial Gupta family and also questions the sale of Glencore’s Optimum mine to Tegeta.

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