South Africa's power utility Eskom parts ways with suspended CEO Tshediso Matona

Tshediso Matona, former Eskom CEO

South Africa‘s power firm Eskom said on Monday it had agreed to “amicably” part ways with its chief executive who was suspended pending an inquiry into operations at the struggling utility.

Tshediso Matona and three other senior members of his team were suspended in March by state-owned Eskom, which supplies 95 percent of electricity to Africa’s most advanced economy and is struggling to meet demand.

“It is expressly noted that no misconduct or wrongdoing is alleged by Eskom against Mr Matona,” the utility said in a statement.

Read more: UPDATE 1-S.Africa’s power utility Eskom parts ways with suspended CEO | Reuters

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