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Labrish
Nyuuz
Eskom shakes up board to drive power reforms
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[QUOTE="Munyaradzi Mafaro, post: 66971, member: 636"] Eskom announced seven new directors effective Dec. 1, 2025, and will retain five members while six nonexecutive directors depart on Nov. 30. The change, approved by Cabinet on Oct. 16 after a term extension through Nov. 30, aims to steady governance as the utility pushes a turnaround. South Africa depends on stable power, and Eskom reports more than 200 days without load shedding and an energy availability factor near 70, yet it still faces heavy debt and reform pressure. The refreshed board blends engineering, finance, law, human resources, and environmental science. New appointees are Andrew Barendse, Dimakatso Matshoga, Kgaogelo Chiloane, Sharmila Govind, Vuyo Peach, Bajabulile Tshabalala as lead independent director, and Tshokolo Nchocho. Chair Mteto Nyati and directors Busisiwe Vilakazi, Lwazi Goqwana, Clive Le Roux, and Tsakani Mthombeni remain. Group Chief Executive Dan Marokane and Chief Financial Officer Calib Cassim keep executive roles as Eskom targets grid upgrades, debt recovery, and a shift to cleaner power. The utility cites a debt load near R400 billion and estimates up to R1 trillion in investment needed by 2030. [/QUOTE]
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Nyuuz
Eskom shakes up board to drive power reforms
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