Ex-CEO Brian Molefe Sworn in as MP

Eskom has been in South Africa’s news today as it scoops a prestigious international award… and as its former (and disgraced) CEO Brian Molefe – of Saxonwold Shebeen fame – is sworn in as an MP, with possible sights on a senior cabinet position.

And – perhaps putting its famous load shedding days (and nights) firmly in the past – today the company tweeted it is “now delivering excess electricity capacity to power the country’s economic growth & can meet increase in demand until 2021″.

Eskom’s former CEO Molefe was sworn in as an ANC Member of Parliament earlier today in the Speaker’s Office. There are rumours that Molefe will be catapulted by President Jacob Zuma to a senior cabinet position, and that he will probably start by filling a vacancy in the finance portfolio committee.

The DA said this is a “major escalation in the civil war within the ruling party and the battle for control of National Treasury”.

The opposition party said any appointment of Molefe within  the ‘finance family’ will be bad for South Africa, adding that “the Guptas will be delighted because, if the State of Capture report is anything to go by, and Brian Molefe is eventually appointed to a position in the ‘finance family’, they will finally have National Treasury, the Public Investment Corporation and South African Airways on ‘speed dial’.”

In other news, Eskom has been honoured with the prestigious 2017 Technology Transfer Award by the US-based Electric Power Research Institute (EPRI)… for research they have conducted in shaping the future of electricity. 

Eskom scooped top honours in the same category in 2016.

Welcoming the award, Eskom’s Interim Group Chief Executive, Matshela Koko, said they have prioritised research activities with a programme that produced over 100 graduates at MSc and PhD level since its inception in 2012.

He emphasised that Eskom is being purposely repositioned to become one of the Top 5 performing utilities globally. 

“We are extremely proud of our team for consistently achieving excellent results that put Eskom back on a global map,” he added.