De Ruyter said the power utility is taking active measures to look at their cost base.
The CEO said there has been a steady sales decrease over the years due to sluggish economic growth but is hoping to participate in the growing manufacturing industry and help create a reindustrialised South Africa.
Yep👇🏾👇🏾👇🏾🙄
African Countries need to pull out from the UNITED NATIONS and it's Agencies [ WHO, IMF, AU* etc.] The UN is worse than The Guptas. UN -- WHO -- RSA COVID19 RULES UN -- IMF -- RSA R70BN LOAN
Isn't that right time for Pravin Gordan to resign and give others to do the real job not politics?
HEADLINE SHOULS SAY ...Eskom is swimming in debt ever since President Ramaphosa was in charge
Uzenzile akakhalelwa!!!
Sounds about right...
Big issue is the “promotion” of incompetence of senior managers just because of the color of their skin!
Let us buy independently then you can swim free : kapish : VoetsekANC
Swimming in debt is better than drowning in it. But I'm not sure the heading is accurate....
No shit Sherlock....show me a SOE that is not up the creek without a paddle.
Build programme, which started many years ago.
Thanks zuptas.
Had these news surfaced during a black man's term in office he would have been shown the door. DeRuyterMustFall
Everything managed by ANC swimming in debt
When is this nonsense gonna end?
De Ruyter has completely failed. He must accept his failure DeRuyterMustFall
More like drowning
Those who created this debt must pay for their sins.
News flash ...even our country is bankrupt. That means everything that is under government is breathing through the results of corruption.
🤣🤣🤣🤣Eskom is like bushiri every day topic
As always
We have been swimming in debts, actually we went in deep in the ocean and drowning.😒
Drowning in death
Meanwhile, Management:
As usual
South Africa Latest News, South Africa Headlines
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BREAKING NEWS: Eskom reports another R20bn annual lossThe utility continues to grapple with an unsustainable debt burden Mos Jamnandas is doing fokol in turning this SOE around.. The most incompetent combo in the history of RSA as we know it. I see another % clawback loading.
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Eskom suffers loss of R20 billionThe power utility presented its financial results on Friday, also highlighting that it is battling a massive debt. Useless this one.. De Ruyter must be fired JacobDlamini_ TheTweetOfNdaba maliyekutsenga DeRuyterMustFall
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Eskom reports a R20bn loss — but the turnaround plan continuesEskom saw its losses shrink slightly even as the embattled utility post increased revenues for the year. So long that turn around does not include load shedding somblief tog! Here comes another bailout from the government! Everything For Free
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