Government wants new Eskom CEO on the job as soon as possible

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South Africa Headlines News

André de Ruyter will be tasked with ‘immediately’ dealing with issues of governance, lack of financial management, and stabilising operations

The government is negotiating with newly appointed Eskom CEO André de Ruyter to start his job earlier than planned as it battles to resuscitate the ailing power utility.

Eskom — which supplies virtually all SA’s power and is hamstrung by staggering debt, maintenance issues and design flaws at its new coal power stations Medupi and Kusile — had to resort to stage six load-shedding last week as a result of a shortage of capacity.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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Your news paper reported he's starting on Xmas day, I know it's hard to read your own trash, but seriously!

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