Business Day

Not the brightest bulb on the tree

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State power utility Eskom moves at glacial speed. News of Eskom chairman Ben Ngubane’s surprise resignatio­n was splashed across media platforms on Tuesday morning. Even the ANC whip on the public enterprise­s study group managed to issue a statement during the day, calling for an investigat­ion into allegation­s of corruption and misconduct at Eskom and the resignatio­n of board members.

With barely an hour before close of trade on the JSE, Eskom issued a three-sentence statement to say Ngubane had resigned. Shocking.

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