New chief executive announced at Eskom

Tshediso Matona has been named as the new chief executive of dominant South African power utility Eskom.

Mr Matona takes over at a difficult time for the company with a $21.2bn in cashflow shortfall and with blackouts a persistent problem. He replaces Collin Matjila who served as Eskom’s acting chief executive since March 27th following the resignation of Brian Dames.

Matona’s appointment was approved at a Cabinet meeting in Cape Town today, Public Enterprises Minister Lynne Brown told reporters in the city. He was selected from a shortlist of three names submitted by Eskom’s board and will take up the post on Sept. 1.
Tshediso Matona
Matona, a career civil servant, will run a utility that provides 95 percent of South Africa’s power has more than 5.2 million customers and employs about 46,900 people.

Eskom, which has installed capacity of 41,995 MW of electricity across 27 plants, has been forced to implement managed blackouts this year as power demand exceeded supply. It is currently building two new coal-fired facilities -- Medupi and Kusile -- which will be Africa’s biggest when complete.

Matona was the top civil servant at the Department of Public Enterprise and also secretary general of the Department of Trade and Industry.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...