Despite efforts to curb expenditure, Eskom’s operating costs have continued to increase dramatically while output has remained largely unchanged, the company stated on Wednesday.
As a result, Eskom’s board of directors has decided to review the company’s organisational design to enhance operational and cost efficiencies. As such, Eskom’s board has approved a Section 189 process for its executive structure [F-Bands].
Only members of the executive structure will be impacted. Eskom will share the updates with the relevant stakeholders as appropriate.
This is developing story ESI Africa will keep updating as new information comes forth.