Eskom CEO André de Ruyter’s resignation is a setback for the state-owned power utility and South Africa. Moneyweb Eskom
For a multitude of reasons, Eskom CEO André de Ruyter’s resignation is a huge setback for the state-owned power utility and South Africa. It comes at a time when the utility, which produces 95% of the electricity used in the country, needs stable leadership. Read:De Ruyter disappointed at lack of support at Eskom
The hunt is on yet again for a CEO to fill SA’s toughest job Stability is critical for success in the three key transitions Eskom needs to navigate. It needs to turn back the tide of state capture, and deliver a reliable electricity supply. It must reorganise the group into generation, distribution and transmission, and it must reduce its carbon footprint. Under De Ruyter’s leadership, some progress has been made in all three areas.
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