ANC, DA to give new Eskom boss a shot, as EFF says appointment is racist

fin24.com

- fin24.com | 4 weeks ago

The ANC has thrown its weight behind the appointment of Andre de Ruyter as the new CEO of Eskom, saying the task of rebuilding the debt-laden power utility must now begin with "urgency and with unity".

 De Ruyter, who previously headed up JSE-listed packaging company Nampak, will take over the reins at Eskom in mid-January 2020.   Eskom has been without a permanent CEO for over four months since Phakamani Hadebe resigned at the end of July citing the "unimaginable demands" of the job.

 Eskom is beset with financial, governance and operational challenges, including a group debt burden of about R450bn, and was last month forced to implement load shedding.

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