Eskom withdraws from WEF to deal with current situation - CNBC Africa

Eskom withdraws from WEF to deal with current situation

Southern Africa

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Eskom says it is on the ground on a daily basis dealing with its current situation. PHOTO: Pond5

“Chief Executive of Eskom, Tshediso Matona, and the rest of the executive team were not going to attend the Davos meeting and as such are on the ground on a daily basis dealing with Eskom’s current situation,” the power utility said.

Matona reportedly cancelled his attendance to the event, which will be taking place in Davos in Switzerland, on 9 January at his own discretion.

(READ MORE: South Africa utility Eskom says reserves exhausted, power outages inevitable)

Company chairman, Zola Tsotsi and group executive for sustainability, Steve Lennon, had confirmed their attendance but have since withdrawn their participation from the event.

“Eskom reviews its participation in the World Economic Forum and other relevant global events on an annual basis and makes a determination based on business priorities, and the need to remain relevant and up to date in both the national and international context,” it said. 

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