One thing we know: when it is all over, those of us who survive will find some form of meaning in it, writes Melanie Verwoerd.
The power utility says that, by stepping down, Maritz will no longer face an upcoming internal disciplinary hearing.
Former interim Eskom CEO Sean Maritz is facing increasing scrutiny for his role in signing off on a questionable R400m payment from the power utility to a Hong Kong bank account.
Eskom says it is “positive” that its funding plan will succeed, despite being downgraded by both S&P Global and Moody’s this week.
Acting Eskom CEO Sean Maritz has urged energy regulator Nersa to judge Eskom on the merit of its electricity tariff increase application, and not on corruption and governance scandals.
Eskom pleaded on Sunday that its new boss Sean Maritz be given a chance to lead the state owned enterprise, after his conduct came under the spotlight in media reports.
Eskom says its chief information officer Sean Maritz has now been placed on permanent suspension, pending an investigation into allegations of impropriety.
The power utility had been banking on a hefty tariff increase to help it counter constrained liquidity levels.
The ratings agency said it expected Minister of Public Enterprises Lynne Brown to appoint a permanent Eskom board before the end of November.
Eskom’s interim group chief executive Sean Maritz has asked for "space and time" to do his job, while denying claims that he deleted evidence implicating Gupta firms in controversial deals.
Western CapePlacement Point (Pty) Ltd
Cape TownMass Staffing ProjectsR400 000.00 - R600 000.00 Per Year
Cape TownTumaini ConsultingR720 000.00 - R960 000.00 Per Year
R 5 750 000
Apartments / Flats
R 1 750 000
R 2 650 000
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