November 11, 2016/Reuters

South African power utility Eskom Chief Executive Brian Molefe said on Friday he would step down in January, a week after he was implicated in a report by the anti-graft watchdog on allegations of influence peddling.

Molefe said although he was stepping down, this was not an act of admission of wrongdoing on his part.

(Reporting by Tiisetso Motsoeneng; Editing by James Macharia)