New Eskom GCE to assume office 01 March 2024

  • Eskom is pleased to inform the public that Mr Dan Marokane will assume office as the Group Chief Executive on 01 March 2024.
  • When making the announcement of Mr Marokane’s appointment on 08 December 2023, Eskom indicated that he would join the organisation no later than 31 March 2024.
  • Eskom has been without a GCE since February 2023 when Andre De Ruyter left the utility after exposing the widespread corruption in the organisation which he said involved senior government officials. Read more. 
  • Mr. Marokane is, a qualified Chemical Engineer who has an MBA and a seasoned executive with more than 20 years senior leadership experience.

Eskom is the state run and state owned energy utiltiy in South Africa which has been plagued by poor planning, corruption, fraud, theft and sabotage. Marokane is the 12th CEO appointed at Eskom in the last 14 years. The utility has unsustainable debt of R23.9 billion and has relied on hundreds of R billions in tax payer bailouts to survive over the last 10 years. Read more

“On behalf of the Eskom Board, I officially welcome Dan to the organisation. Eskom employees were excited to hear that Dan will rejoin the company. They remember his hands-on leadership style that is needed right now,” said Eskom Board Chairman, Mteto Nyati.

“The Board wishes him well as he steers Eskom in the right direction and leading its turnaround from the front. We have confidence in his capabilities, as well as those of the leadership and staff of Eskom, to turn the organisation around,” added Nyati.

“The Board also expresses its deepest gratitude to Calib Cassim for his leadership and the stability he brought as the Acting Group Chief Executive. His dedication and commitment as well as his efforts to keep management and staff focused and motivated, have not gone unnoticed. Through his stewardship, Eskom managed to navigate through challenges and achieved significant milestones,” concluded Nyati.

Loadshedding update

Due to the return to service of a generation unit and the reduction of partial load losses, which resulted in an improvement in generation capacity, Stage 2 loadshedding (instead of Stage 3 loadshedding as previously communicated) will continue to be implemented until 05:00 on Sunday, 21 January 2024. Thereafter, Stage 1 loadshedding will be implemented from 05:00 until 16:00 on Sunday. A further update will be provided on Sunday afternoon.

Eskom will closely monitor the power system and communicate any changes should it be required.

Unplanned outages reduced to 13 792MW of generating capacity, while the capacity out of service for planned maintenance slightly increased to 8 484MW.

Source: Eskom

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