Sacci hopeful after Tsotsi exit

Eskom chairman Zola Tsotsi has resigned. File photo: Simphiwe Mbokazi

Eskom chairman Zola Tsotsi has resigned. File photo: Simphiwe Mbokazi

Published Mar 31, 2015

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Johannesburg - The SA Chamber of Commerce said on Tuesday it hopes the rapid replacement of Eskom chairman Zola Tsotsi is a sign the government is concerned about the country's energy situation.

“Sacci trusts that the swift action in appointing a replacement for Mr Tsotsi is indicative of the concern that government has relating to the energy situation in the country,” acting CEO Peggy Drodskie said in a statement.

“Any delay in action taken has great potential to negatively influence both domestic and foreign investment decisions.”

Sacci wished acting chairman Ben Ngubane success in the “daunting task” he faced.

Drodskie said there was insufficient information about the state of affairs at Eksom.

Eskom said on Tuesday morning that Tsotsi had resigned.

“It happened overnight following a presentation he gave to the board,” spokesman Khulu Phasiwe said.

“He then told them that in the interest of the company and the country, he felt it necessary to resign so that the board can focus on resolving the company's issues.”

Sapa

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