Eskom Board today announced that Leslie Mkhabela has been appointed as the Lead Independent Director, effective 31 January 2025.
Mkhabela joined the Eskom Board as an Independent Non-Executive Director on 01 October 2022, when the new board was appointed by the late Minister of Public Enterprises Pravin Gordhan.
“In our quest to strengthen governance and leave behind an organisation with structures that have the necessary robust checks and balances, the Board deemed it necessary to appoint Mr Mkhabela as a Lead Independent Director. We are happy that Mr Leslie Mkhabela has accepted this important role which he will occupy for the remainder of his term as an Eskom Board member. He has consistently demonstrated decisive, ethical, and inclusive leadership,” said the Eskom Board Chairman, Mr Mteto Nyati.
Eskom and PricewaterhouseCoopers (PwC) have reached a settlement in a High Court case initiated by Eskom in 2021. The case sought to nullify a cost reduction contract known as the “Capital Scrubbing engagement” and recover payments made to PwC and Nkonki.
This engagement was examined by the Judicial Commission of Inquiry into Allegations of State Capture, commonly referred to as the Zondo Commission.
As part of the settlement, the disputed contract has been set aside, and PwC will pay Eskom R43 million in a full and final settlement of Eskom’s claim.
This resolution marks a crucial step in Eskom’s ongoing efforts to enhance governance and accountability.
“Management’s commitment in dealing with cases arising from the findings of the Zondo Commission has been instrumental in achieving this outcome, and it underscores our dedication to restoring integrity within Eskom,” said Eskom Group Chief Executive, Dan Marokane.
Eskom remains focused on implementing generation recovery strategies, strengthening governance, and combating crime and corruption. The organisation is committed to ensuring energy security, fostering economic growth, and driving long-term sustainability for the benefit of South Africa and the broader sub-Saharan region.