Eskom has ‘turned the corner’ - Brown

Minister of Public Enterprises, Lynne Brown, believes that Eskom is turning the corner and she has instructed the Board to fill all senior management positions to ensure this consolidation continues.

“It's unacceptable that senior and middle-management positions are staying vacant for so long,” she said after the Annual General Meeting of Eskom in Cape Town last week.
"Eskom's net profit decreased from R7.1billion to R3.6billion and management must take decisive steps to stop this decline,” she said.

“Similar to other state-owned companies, Eskom must finalise steps to wean the organisation from the support of the fiscus. Eskom must be put on a course where it can live off its balance sheet.

"Although the accelerated maintenance has increased plant capacity from 65 to 75%, I am urging Eskom to continue on this trend and increase this threshold to reach at least 80%," said Minister Brown.

She added that load shedding would continue for the next 18 months and once again appealed to South Africans to save electricity.

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