Brian Molefe back at the helm of Eskom
The Eskom board's spokesman Khulani Qoma has confirmed that Brian Molefe will return to his previous job as CEO of the power utility on Monday.
According to Qoma this follows wide consultation over the way Molefe left the job and a subsequent confirmation from the Minister of Public Enterprises, Lynn Brown that he will not receive a pension pay-out of R30 million.
"There was no mutual agreement with Molefe on some of the options that were made so this resulted in the board to withdraw his application of giving him early retirement," he says.
The board still needs to make a final decision on the future of acting, CEO, Matshela Koko. His step daughter's connection to Eskom tender beneficiary Impulse has raised concerns.
"The default position would be that he reverts back to his old position" Qomo says.
This comes after alarm was raised by the Democratic Alliance about the R30 million pension pay-out for Brian Molefe.
"By virtue of denying his pension, legally you are reinstating Molefe back to his former position," Qoma says.
Qoma says Molefe will be back at work on Monday.
"We are very excited that circumstances has taken us to this point. Molefe is a very capable and well respected business captain. We believe that he comes at a time when he is needed by Eskom as well as the economy of South Africa."