Eskom top brass forego bonuses
27/06/2008 07:35  - (SA)  

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Johannesburg - Eskom's top management will forego much of their annual bonuses this year after a troubled few months for the state-owned power utility, the SABC reported on Friday.

Eskom chairperson Valli Moosa said their chief executive Jacob Maroga had decided not to take a bonus this year.

The utility had planned to pay Maroga a good bonus, said Moosa.

The bonuses of another five senior executives would be halved.

Moosa said Eskom was reviewing the criteria it uses to determine bonuses. It is currently based on the utility having excess power capacity.

- SAPA

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