Tuesday, June 28, 2011

Eskom hefty executive increase figures under the spotlight

Lusanda Bill
28 June 2011


Eskom has defended payments that were issued to executives after the power utility’s annual report showed a 109-percent increase compared to last year.

Eskom spokesperson Hilary Joffe says the figure may be credited to the filling of executive positions which had been vacant.

A report revealed that 18-point-five-million-Rands were paid to executives this financial year.

Human resources head Bhabhalazi Bulunga who took home a 507-percent increase to just over three-million-Rands.

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