{"id":30451,"date":"2021-06-17T00:00:00","date_gmt":"2021-06-17T00:00:00","guid":{"rendered":"http:\/\/timessouthafrica.com\/?guid=288475ae396e15e867b45c442002c07f"},"modified":"2021-06-17T00:00:00","modified_gmt":"2021-06-17T00:00:00","slug":"eskom-business-community-mourn-passing-of-jabu-mabuza","status":"publish","type":"post","link":"https:\/\/timessouthafrica.com\/eskom-business-community-mourn-passing-of-jabu-mabuza\/","title":{"rendered":"Eskom, business community mourn passing of Jabu Mabuza"},"content":{"rendered":"

Eskom has expressed its heartfelt condolences over the passing of former Eskom board chairperson, Jabu Mabuza.<\/P>

According to reports, the former chairperson and businessperson passed away on Wednesday, 16 June, after contracting COVID-19.<\/P>

Eskom board chairperson, Professor Malegapuru Makgoba, has remembered his predecessor as someone who led the power utility during one of the most difficult periods in the organisation\u2019s history.<\/P>

\u201cHe was an exemplary leader and an advocate for clean governance. We are grateful for his service at Eskom and salute him for his enormous contribution to our country. His legacy will live on,\u201d said Makgoba.<\/P>

The 63-year-old was first appointed to serve on the Eskom Board of Directors by President Cyril Ramaphosa on 20 January 2018.<\/P>

Following the departure of the Group Chief Executive on 31 July 2019, he assumed the responsibility of the board chairperson and acting Chief Executive Officer.<\/P>

He resigned from the organisation in January 2020.<\/P>

The State-owned entity believes that great strides were made during his tenure in addressing allegations of financial mismanagement and a host of issues related to lapses in governance processes and other internal controls within the organisation.<\/P>

\u201cThese efforts resulted in the stabilisation of Eskom, improving investor and public confidence and laying a solid foundation for the organisation\u2019s turnaround. May his soul rest in peace.\u201d<\/P>

Meanwhile, the business community is also mourning Mabuza\u2019s tragic passing.<\/P>

In a statement, Business Unity South Africa (BUSA) President, Sipho Pityana, said he was lost for words.<\/P>

\u201cThe passing of Jabu is tragic, devastating and a great loss for business and our country.\u201d<\/P>

He described Mabuza as someone who played a leading and pivotal role as a business leader with foresight and courage, a role model to many, a phenomenal human being and a gentle soul.<\/P>

\u201cHe lifted himself by his bootstraps, moving from being a successful small entrepreneur to becoming my predecessor as president of Business Unity South Africa.<\/P>

“Along the way, he became a powerhouse in the South African economy, occupying leadership positions in several South African corporates,\u201d he said.<\/P>

These include Tsogo Sun, where he was CEO, and SA Breweries, as well as in the public sector.<\/P>

\u201cI will always regard Jabu as a true leader, a man of integrity, and someone who was never afraid to speak his mind. He will be sorely missed at a time when we need all hands on deck to resolve the massive challenges posed by the global COVID-19 pandemic, and its impact on business and society.\u201d<\/P>

BUSA Deputy President Martin Kingston said he was \u201cdumbfounded\u201d at the sad and tragic passing of a patriot and friend.<\/P>

\u201cOur country has lost a beautiful person and a great leader. We remember his lovely nature and his outstanding leadership, both in the private and public sectors.\u201d<\/P>

BUSA CEO Cas Coovadia recalled the time he worked with Mabuza when he was President of BUSA and Co-Chair of the CEO Initiative.<\/P>

\u201cHe had a character and personality that was contagious. He led with courage, honour, and honesty. He was a true patriot.\u201d<\/P>

The organisation has since expressed their sincere condolences to the family.<\/P>

\u201cWe stand with Jabu\u2019s family in this terrible time. We cannot begin to imagine their pain and sorrow and we offer our support and wishes to help them through this painful period.\u201d<\/P>

<\/P>

Source: South African Government News Agency<\/P>

<\/P><\/p>\n","protected":false},"excerpt":{"rendered":"

Eskom has expressed its heartfelt condolences over the passing of former Eskom board chairperson, Jabu Mabuza.According to reports, the former chairperson and businessperson passed away on Wednesday, 16 June, after contracting COVID-19.Eskom board chai…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"yoast_head":"\nEskom, business community mourn passing of Jabu Mabuza - Times South Africa<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timessouthafrica.com\/eskom-business-community-mourn-passing-of-jabu-mabuza\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eskom, business community mourn passing of Jabu Mabuza - 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