South Africa’s public enterprise minister has strongly defended the government’s handling of the management crisis at Eskom, the beleaguered state-owned power utility, and said plans to secure extra funding – including possible equity injections from investors – for much-needed new generation capacity are under consideration.
Barbara Hogan also said that she hoped to find replacements for the company’s former chief executive, Jacob Maroga, and chairman, Bobby Godsell, within the next three months, or “an even shorter period if possible”.
