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Acting chief justice Raymond Zondo says a board must be established to identify, select and recruit capable leaders for SOE boards and in top positions because the executive has shown its inability to do so. ....
Acting chief justice Raymond Zondo says a board must be established to identify, select and recruit capable leaders for SOE boards and in top positions because the executive has shown its inability to do so. ....
The board of Eskom that took office in December 2014 will have to be investigated by law enforcement authorities to determine their culpability in the irregular and wasteful R43-million contract entered into between the power utility and Gupta-owned TNA Media to sponsor its business breakfasts. Acting Chief Justice Raymond Zondo states in his first report of the state capture commission that he chairs, that “while accountability structures are indeed useful, if the board of a public entity fails in its duties to ensure that they are observed, they will prove useless in the fight against irregular and wasteful expenditure.” ....
Former Eskom chairperson Zola Tsotsi was so incompetent he should never have been appointed as a director of any company, let alone a massive parastatal like Eskom, the Zondo Commission has found. ....