The head of South Africa’s embattled state power company, Eskom, is leaving his job earlier than planned, after accusing high level officials of corruption. The CEO’s departure came the same day South Africa’s finance minister announced a massive bailout for the debt-ridden company amid record power cuts. Eskom’s CEO, Andre de Ruyter, has been “released” from his job “with immediate effect,” the company said Thursday in a statement. De Ruyter submitted his resignation late last year, saying he was unable to turn the graft-riddled utility around. Shortly afterward, he alleged there was a poisoning attempt on his life. However, he had been set to serve out his notice period until the end of March and a replacement has not yet been found. News of his early departure came shortly after de Ruyter gave an explosive interview on local TV this week accusing high level cabinet officials of being aware of and accepting corruption. Eskom spokesman Sikonathi Mantshantsha said the board had convened a special meeting on Wednesday during which it was mutually agreed to curtail his notice period.
SOURCE: VOA
More Stories
With ‘Banel & Adama,’ Ramata-Toulaye Sy Takes Her Place Among Cannes’ Top Names
The Lion Sleeps Tonight: One Song’s Journey from 1930s South Africa to Disney Money-Spinner
Radical Rethinking at Biennale: Africa and the Future Share Pride of Place
Designer Profile: Justin Van Breda
Chef Eric Adjepong Brings African Cuisine Into the Spotlight
Africa’s Most Mesmerizing Lodge Interiors
These Two African Islands are the Underrated Places to Travel this Summer
Five Must-visit Galleries in South Africa that Showcase the Country’s Cultural Tapestry
The Spice Island Unguja – Known to Most as Zanzibar – is a Scent Sensation
These are the Best Airlines on the Continent
The Challenges Facing the New Leader of Africa’s Largest Economy are Simply Enormous
Understanding the Opinions of Africa’s Rising Generation