Mr Gordhan “get a life”…Cachalia fumes over 7-month wait for new ESKOM CEO

Loading player...
The motives behind Public Enterprises Minister Pravin Gordhan’s rejection of the ESKOM board’s recommendation for a new CEO have been questioned. Ghaleb Cachalia, the Democratic Alliance’s (DA’s) Shadow Minister of Public Enterprises says that the Minister seems to be looking for somebody who meets his “specifications” rather than those of the board. Cachalia points out that representatives on the ESKOM board were “vetted and appointed” by the Minister himself. “These are people whom he trusts. The chairman of the board is an old acolyte of the minister. He has put him in places in the past all over the show to do business on his behalf. He's put him now in a very important position, but he doesn't value what he says. We need to know why.” Cachalia notes that the job of ESKOM CEO is a “hospital pass of note” - and that the struggling power supplier's new boss would need “nerves of steel” to be able to stand up to political interference. - Chris Steyn
21 Sep 2023 6AM English South Africa Investing · Business News

Other recent episodes

Rubio’s visa move a blunder: FW de Klerk Foundation appeals to Washington to reconsider

The Trump administration has escalated its pressure on South Africa, with Secretary of State Marco Rubio announcing new visa restrictions over land expropriation laws and racial discrimination against the Afrikaner minority. Christo van der Rheede, executive director of the FW de Klerk Foundation, calls it a profound strategic blunder, one…
18 Sep 9AM 17 min

How Alec Hogg's 45 years in journalism culminated in BizNews and its loyal "tribe"

This interview was livestreamed on Conscious Caracal on 11 September 2026. Find Ernst van Zyl's Conscious Caracal Podcast here: https://www.youtube.com/@UCeNFLCUJ2lM1S_H32ICVs4w Before BizNews, there was a bank job Alec Hogg quit within three years, a company called Moneyweb he built from a room above his garage and then lost control of,…
18 Sep 9AM 49 min

Corné Mulder says SA could have a new government before 2029

South Africa just joined a short and unflattering list of countries facing individual US visa restrictions, and Freedom Front Plus leader Corné Mulder says he saw it coming from a manifesto launch stage days before it happened. He tells Alec Hogg why he thinks Cyril Ramaphosa's habit of avoiding decisions…
17 Sep 10AM 28 min