JOHANNESBURG, June 16 (Reuters) – Former chairman of South African power company Eskom and much-admired businessman Jabu Mabuza died of complications from COVID-19 on Wednesday, his family said.
Mabuza, 63, unexpectedly resigned from Eskom in early 2020 after apologizing for failing to honor his pledge to avoid power cuts during the holiday period. He was appointed head of Eskom’s board shortly after President Cyril Ramaphosa won the party leadership of the African National Congress (ANC) in December 2017.
“Jabu has lived his life so well and is committed to transforming the South African economy,” the statement from his family read.
“He was a pillar of strength for his family, a staunch servant of the country, an activist for the empowerment of black entrepreneurs and committed to working for business transformation in South Africa.”
Mabuza has also served as chairman of various companies, including casino and hotel owner Sun International (SUIJ.J), mobile and landline operator Telkom SA (TKGJ.J) and the African operations of Anheuser Busch InBev. (ABI.BR) following the merger with SAB Miller 2018.
He was also the former Group CEO of casino and hotel owner Tsogo Sun Holdings Limited, Chairman of Business Unity South Africa (BUSA) and Chairman of Business Leadership South Africa.
BUSA chairman Sipho Pityana called Mabuza a “powerhouse of the South African economy,” adding in a statement: “I am at a loss for words. Jabu’s death is tragic, devastating and a great loss to them. companies and our country “.
Reporting by Nqobile Dludla; Editing by Karishma Singh
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