A struggle over how to manage Eskom, South Africa’s state-owned power company, has opened debates on racism in the boardroom and political meddling in a country where politics and race remain a volatile mix.
Former chairman Bobby Godsell and former CEO Jacob Maroga were brought in recently to turn around Eskom, a utility that has been troubled for years, but they could not agree on strategy. In a statement Thursday, Eskom’s board said both men were out, and that an acting chairman was in sole charge until a new chair and CEO were named.
ChairmanKing.com recently reported that Bobby Godsell quit his role as Eskom Chairman and Jacob Maroga had resigned from his post as Eskom CEO.
Accusations are being made that Jacob Maroga was being pushed out because he is black. The youth wing of the ruling African National Congress party said: “The time of treating black people … as subjects, who can be fired as and when the white master wishes is over.” Read the rest of this entry »
