The group treasurer of Eskom, Andre Pillay, will leave the power utility at the end of August, Eskom said on Monday
This is the latest high-profile exit within the embattled power-utility after it’s chief executive Phakamani Hadebe quit earlier this year.
Eskom supplies more than 90% of South Africa’s electricity, but has implemented severe power cuts this year and is failing to generate sufficient profit.
Eskom’s Group Treasurer resigns and will leave Eskom at the end of August 2019 @ewnupdates @eNCA @BDliveSA @IOL @TheCitizen_News @TimesLIVE @SundayTimesZA @News24 @Fin24 @Moneyweb pic.twitter.com/QbjRB8sZzd
— Eskom Hld SOC Ltd (@Eskom_SA) July 15, 2019
It is hinging its recovery hopes on a R230-billion ($16-billion) bailout pledged by the government in February.
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Source:eNCA
