Eskom CEO Brian Molefe has resigned following the release of the "State of Capture" report by former Public Protector Thuli Madonsela.
Among the findings in the report, Eskom was fingered in some shady deals with the controversial Gupta family. The report alleges Eskom helped Gupta-owned company Tegeta take over Optimum Mine by agreeing to a R600 million pre-payment for coal.
This afternoon, Molefe issued a statement tendering his resignation, saying: "It is with regret that the report was prepared in haste to meet a deadline related to the Public Protector's own departure from office. That her office continues, as all state offices do, and that any uncompleted function is completed by a successor in that office, was not a consideration in that report.
"I have, in the interests of good corporate governance, decided to leave my employ at Eskom from 1 January 2017."
Click here to read the full statement.
Among other issues, Molefe has also drawn the ire of the renewables industry.
In April, he said renewables have not yet developed enough for it to perform efficiently and make a meaningful contribution to electricity supply in SA.
The Eskom boss said renewable energy is in practice available from 9:00 to 15:00, which is not when Eskom needs it. Solar power is only available when the sun shines, which excludes the evening peak in winter, he noted, adding wind power is at its best in the early hours of the morning and late at night, when Eskom has surplus power.
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