Jabu Mabuza Net Worth

On July 29, 2019 Jabu Mabuza was appointed as Acting CEO of ESKOM, replacing Phakamani Hadebe at the struggling State Energy utility.

He was appointed the chairman of Eskom in January 2018.

On January 20, 2018, South Africa’s President Cyril Ramaphosa appointed Mabuza as the new chairman of Eskom, a state-owned power utility company.

In 1980 he became a clerk of the court at what was then called the Department of Bantu Affairs. He began driving taxi cabs for tuition funds while in Daveyton, later becoming a taxi owner. Also in the late 1980s he helped found the Foundation for African Business and Consumer Services, becoming the organization’s CEO in 1990.

Mabuza met his future wife, Siphiwe, in the 1970s while on a train to Durban. They have three children.

Jabu Mabuza (born 1958) is a South African businessperson and investor. He is chairman of the Eskom board. Jabu Mabuza is an influential figure in South Africa.

Jabulane Mabuza was born in February 1958 in the town of Waterval Boven, South Africa. His family was later forcibly resettled in White River on trust land, and Mabuza lived alternatively with his two grandmothers. He later went to live with an aunt in Daveyton. While in junior secondary school, Mabuza was expelled for being caught in the 1976 student protests in Soweto. He later graduated in Durban and from 1981 until 1982 attended the University of Limpopo.