On Monday, South African power utility Eskom announced that the utility and suspended Chief Executive, Tshediso Matona, have mutually and amicably agreed to part ways.
Eskom said in a statement that it is expressly noted that no misconduct or wrongdoing is alleged by Eskom against Matona.
The power utility said that Matona believes that the agreement to part ways is in the best interest of the power company, to allow the Board to pursue its plans for the company under the current leadership.
With the separation, the inquiry initiated by the Board into the state of affairs at Eskom will continue as planned, and Matona’s suspension falls away, Eskom said in a statement.
The utility added that the separation is also by no means an anticipation of the outcomes of the inquiry, the objective of which is to enable the organisation to deal with its challenges.