South African Cabinet Names Matona Chief Executive of Eskom

South Africa’s government named Tshediso Matona as chief executive officer of Eskom Holdings SOC Ltd., the state power utility that’s struggling to keep the lights on following a decade of underinvestment in new plants.

Matona’s appointment was approved at a Cabinet meeting in Cape Town today, Public Enterprises Minister Lynne Brown told reporters in the city. He was selected from a shortlist of three names submitted by Eskom’s board and will take up the post on Sept. 1.