on air now
NOW PLAYING
Roch-Lè Bloem
up next
Up Next
KayCee Rossouw
on air now
NOW PLAYING
Roch-Lè Bloem
up next
Up Next
KayCee Rossouw
 

Stop bonus payments to "ineffective" Eskom executives - DA


The Democratic Alliance has urged Public Enterprises Minister Lynne Brown to stop bonus payments to “ineffective” Eskom executives.

The DA says Brown has the power to stop the handover of millions of rands in public money to Eskom executives who have utterly failed, and in some cases, are the cause of the dire financial situation at the power utility.

The DA on Sunday publicly called on Brown to reject the request to approve short-term bonuses of R5.5 million for three former and current executives, which formed part of a R13 million payment for top executives – R2.1 million for former Eskom CEO Brian Molefe, R1.5 million for suspended acting CEO Matshela Koko, and R1.9 million for CFO Anoj Singh.

The official opposition says its utterly unacceptable for executive bonuses to be paid following reports that Eskom may not be able to pay salaries to its 49 000 employees come November.