Eskom chair quits ‘in the interest of the country’

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Johannesburg – Eskom chairperson Zethemba Khoza confirmed to Fin24 on Saturday that he submitted his resignation to Minister of Public Enterprises Lynne Brown on Friday and he’s waiting for her to accept it.

“I think it’s in [the] good interest of the country…after all the noise, it’s better for me”, he told Fin24 by phone.

He said that his resignation was “not necessarily” due to pressure from Finance Minister Malusi Gigaba, who told journalist this week that the financial situation at the state-owned company (SOC) requires urgent attention.

“I was putting out fires on a daily basis, so I think it’s good to give new people a chance”, Khoza said.

Both Brown and her spokesperson Colin Cruywagen could not be reached for comment.

Khoza said he’s unaware who has been chosen as his replacement.

This is a developing story.

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