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Leadership transition at the National Transmission Company South Africa (NTCSA)

Africa Biz Watch by Africa Biz Watch
May 8, 2025
Loss before tax for the 2024 financial year improves by R9 billion to R25.5 billion; NTCSA separation triggers once-off accounting adjustment leading to loss after tax of R55 billion; profit forecast for the 2025 financial year due to improved performance.
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Thursday, 08 May 2025: The National Transmission Company South Africa (NTCSA) has announced that Segomoco Scheppers, the Interim Chief Executive Officer (ICEO) for the NTCSA, will conclude his secondment and return to Eskom Holdings. Mr. Scheppers was seconded to lead the transition and operationalise the NTCSA business in July 2024 due to his extensive experience in the Transmission Division, having joined Eskom in 1993.

He served at the NTCSA while the executive search process was underway to appoint a permanent Chief Executive Officer (CEO) for the subsidiary. Although Scheppers was shortlisted for the permanent role, the NTCSA Board has not yet identified the candidate to lead the business into its next phase. The NTCSA and Eskom Holdings Boards are committed to expediting the executive search and securing the appointment of a CEO who will navigate the complexities of operating in a competitive energy market.

A formal announcement will be made in due course regarding the appointment of an ICEO of NTCSA to maintain the continued execution of the strategy, including bringing an accelerated Transmission Development Plan (TDP), ongoing operational unbundling activities as required by legislation and establishing a fair, competitive market for electricity.

“We owe Segomoco a huge debt of thanks for the skills he brought to bear to take the transmission business to a point of separation and creating the NTCSA as a wholly owned subsidiary of Eskom Holdings. The NTCSA serves as an important catalyst in the country’s evolving energy supply industry and ending the vertical integration business model for the benefit of consumers,” said Priscillah Mabelane, NTCSA Board Chairperson.

“He played a critical role in delivering the NTCSA that is designed to provide the benefits of the Electricity Regulation Amendment Act (ERAA), that paves the way for the necessary reforms in South Africa’s electricity sector, including the establishment of a competitive electricity market that will contribute meaningfully to South Africa’s energy security and inclusive economic development,” concluded Mabelane.

For media enquiries, please contact NTCSA Media Desk: [email protected]

For Eskom-related media enquiries, contact the Eskom Media Desk: [email protected]

ENDS

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