Energy News South Africa

Brian Dames steps down from Eskom task team

Brian Dames, chief executive of African Rainbow Energy and Power, has informed President Cyril Ramaphosa that while he is prepared to serve the country, he is unable to serve on the Eskom Sustainability Task Team.
Brian Dames
Brian Dames

The president appointed the team, including Dames, which is tasked with advising government on actions to resolve Eskom’s operational, structural and financial challenges.

“Dames has noted concerns raised regarding a perceived conflict of interest relating to the scope of work and terms of reference of the Eskom Sustainability Task Team. Based on these concerns, he has requested to be released from the task team,” said the Presidency in a statement.

Other members of the task team include Anton Eberhard, Tsakani Mthombeni, Sy Gourrah, Grové Steyn, Frans Baleni, Mick Davis and Busisiwe Vilakazi.

Top of the Eskom Sustainability Task Team’s agenda will be the following key issues:

  • Assess the operational, structural and financial viability of Eskom, including key assumptions around life of plant, impact and cost of environment commitments and demand assumptions.
  • Review the turnaround strategy submitted by the Eskom board of directors. This will include a review of key assumptions, impact on tariffs and industry, and viability of proposed solutions on the future role of power utility.
  • Assess the appropriateness of the current Eskom business model and structure.
  • Present a view on the current energy trends and the evolution of the global energy context.
  • Present a view on the role, positioning and structure of energy utilities and provide proposals.
  • Propose alternative business and financial models appropriate for the South African context.
  • Propose how the structure of the electricity industry in South Africa can adapt to evolving changes in this sector, including the harnessing of new technologies.
  • Make proposals to resolve the debt burden.

The team will work hand in hand with the public enterprises ministry.

Ramaphosa has requested the task team to submit their initial recommendations by the end of January 2019.

Source: SAnews.gov.za

SAnews.gov.za is a South African government news service, published by the Government Communication and Information System (GCIS). SAnews.gov.za (formerly BuaNews) was established to provide quick and easy access to articles and feature stories aimed at keeping the public informed about the implementation of government mandates.

Go to: http://www.sanews.gov.za
Let's do Biz