Board to vote on Eskom chairman's fate as power crisis deepens
Board members at South Africa's Eskom will vote on whether to remove Chairman Zola Tsotsi on Wednesday, sources said, deepening a leadership crisis at the power utility as chronic power cuts hobble Africa's most developed economy. Minister of Public Enterprises Lynne Brown told parliament on Wednesday the power outages were costing the economy between $1.7 billion and $6.8 billion a month and that she was concerned about the management at state-owned Eskom.Eskom's board will hold a vote of no confidence in Tsotsi, a government source and a source at Eskom told Reuters. Brown said she had not been "formally informed" about Tsotsi's future."I am very worried because Eskom is a strategic asset, all of our lives depend on it," she said.If Tsotsi is ousted, he would become the latest casualty at the troubled power utility after its chief executive and three other senior executives were suspended earlier this month.Eskom has implemented regular power cuts this year to prevent the national grid being overwhelmed as South Africa faces its worst energy crisis since 2008...
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