By Ilhaam Hoosain
27 June 2008
Top management at Eskom will not be receiving their annual bonuses this year, after troubled months for the state-owned power utility.
Eskom’s CEO Jacob Maroga has decided not to take any bonus this year, because of the tough year Eskom's had, this is according to Chairperson Valli Moosa.
The SABC also reports that Moosa says the utility had planned to pay Maroga a good bonus, without giving any details.
The bonuses of another five senior executives, including Finance Director Bongani Nqwababa and Chief Officer of Systems Erica Johnson will be halved.
Moosa says Eskom is reviewing the way they determine bonuses since it is currently based on the utility having excess power capacity.
Subscribe to:
Post Comments (Atom)
Man dies following Strand fire
A man has died in an early morning fire that broke out on Tuesday in the Wag ‘n Bietjie Informal Settlement in Strand. COURTESY: Facebook -...
-
A man suspected of killing and raping a number of members of the farm worker community in Philippi on the Cape Flats appears in a Cape Town ...
-
''Human behaviour is the main cause of wildfires.'' These remarks were made by the Western Cape’s Local Government, Environm...
No comments:
Post a Comment