funds for the future
Lungusa Fuzile “’ who assumes duty in her new position on May 16 “’ said the utility had gone a long way towards sourcing the bulk of this money.
Fuzile, who is currently head of assets and liabilities at the Treasury, replaces Lesetja Kganyago who will join the central bank next month as deputy governor.
Eskom supplies the majority of electricity to Africa’s biggest economy, but has been struggling to meet fast-rising demand. It has said that supply will remain tight until 2015, when two new power plants come on stream.
