Streaming issues? Report here
CapeTalk classics with Sara-Jayne King Omny thumb
CapeTalk Classics with Sara-Jayne King
10:00 - 14:00
volume_up
volume_mute

Up Next: CapeTalk Classics
See full line-up
CapeTalk Classics with Sara-Jayne King
10:00 - 14:00
Home
arrow_forward
Business
arrow_forward
Local

Andre de Ruyter announced as new Eskom CEO

18 November 2019 5:26 PM
Tags:
Eskom
Phakamani Hadebe
Andre de Ruyter
Public Enterprises Minister Pravin Gordhan made the announcement on Monday.

JOHANNESBURG – Andre de Ruyter has been appointed as the new CEO of Eskom.

Public Enterprises Minister Pravin Gordhan made the announcement on Monday.

De Ruyter is currently the CEO of packaging group Nampak and will take over the role of Eskom CEO from Phakamani Hadebe who resigned earlier this year.

De Ruyter is expected to commence his duties on 15 January 2020.

The Department of Public Enterprises said the appointment of De Ruyter was in line with Eskom’s recruitment policies.

Gordhan thanked De Ruyter for availing himself for the position and agreeing to take a pay cut from his current position at Nampak.

“I would like to thank Mr. De Ruyter for not only accepting this position at a difficult time for Eskom but, given Eskom’s current financial situation, also agreeing to a lower compensation package than the position currently pays,” the department said in a statement.

De Ruyter would work with the Eskom board, management, and the government to spearhead the re-organisation of the struggling power utility.

Earlier this year, Eskom announced that it would be unbundling the company into three entities: generation, transmission, and distribution, as well as the creation of Eskom Holdings.

De Ruyter would also have the work of ensuring that the lights are on in the country after rolling power cuts were implemented by Eskom in October and earlier this month.

Subscribe to our Business Wrap Newsletter


This article first appeared on EWN : Andre de Ruyter announced as new Eskom CEO


18 November 2019 5:26 PM
Tags:
Eskom
Phakamani Hadebe
Andre de Ruyter

More from Business

ramaphosa-gordhan-mantashe-eskom-meeting-khusela-diko-tweetjpg

Eskom saboteurs are the empty suits that are running SA - Sikonathi Mantshantsha

13 December 2019 2:05 PM

The Daily Maverick's Sikonathi Mantshantsha says government leadership is truly to blame for the current Eskom mess.

Share this:
Read More arrow_forward

Lana Marks United States Ambassador to South Africa

Donald Trump’s new SA ambassador Lana Marks talks trade, rugby and impeachment

13 December 2019 10:37 AM

Refilwe Moloto interviews Marks on her first visit to Cape Town since taking up her new role.

Share this:
Read More arrow_forward

sarb-bank-notesjpeg

Reserve Bank Governer: Our task is not to bail out Eskom or any SOEs

13 December 2019 8:37 AM

Sarb Governor Lesetja Kganyago highlights responsibilities of Reserve Bank and why interest rates are a tool not policy objective.

Share this:
Read More arrow_forward

debt-managementjpeg

How to know if your finances are on track after a lousy year

12 December 2019 8:05 PM

How do you measure if you are financially on track after a lousy year?

Share this:
Read More arrow_forward

190918saudijpg

Aramco is now the world's largest listed company

12 December 2019 7:23 PM

This massive state oil producer is now the world's first $2 trillion company.

Share this:
Read More arrow_forward

Solar

How this CEO is putting surplus power back into the Eskom grid

12 December 2019 7:19 PM

Is there an option for mass solar supply to South Africa in the near future? This entrepreneur thinks so.

Share this:
Read More arrow_forward

Solar and wind solutions

Eskom: Some solutions right now

12 December 2019 6:31 PM

What are the immediate and existing solutions to Eskom's generation issues?

Share this:
Read More arrow_forward

81a3255d-f359-4d9d-99ef-4b30a09cca2e.jpg

Why we can't place all our SOEs under business rescue

12 December 2019 5:43 PM

Should we use business rescue to save all our parastatals? Specialist attorney Gareth Cremen explains why that's not a good idea.

Share this:
Read More arrow_forward

Sabotage pliers cable cutting

'I trust my members. It’s not in their capacity to sabotage Eskom'

12 December 2019 1:13 PM

"We don’t trust those engineers at Eskom. We don’t trust management and we don’t trust the board," says Joseph Montisetse (NUM).

Share this:
Read More arrow_forward

a831fb5f-2667-445f-b98a-91d01c9ca404.jpg

Task team plans to alleviate Cape Town port congestion

12 December 2019 1:11 PM

A task team has been created to deal with issues at the Cape Town port, from a shortage of cranes to heavy traffic flows.

Share this:
Read More arrow_forward

More from Local

photojournalist-shiraaz-mohjpg

SA journo Shiraaz Mohamed ‘escapes’ from captivity in Syria - reports

15 December 2019 10:48 AM

Gift of the Givers received information that after being helped to escape, Mohamed was handed over to Turkish intelligence.

Share this:
Read More arrow_forward

eff-scuffle-ewnjpg

[VIDEO] EFF members pepper sprayed during scuffle after new leadership appointed

15 December 2019 9:34 AM

The scuffle took place at the EFF elective conference where Julius Malema and Floyd Shivambu were re-elected to top positions.

Share this:
Read More arrow_forward

constitutional-court-of-south-africajpg

ConCourt rules common purpose must apply to rape: all accomplices equally liable

14 December 2019 10:51 AM

The Constitutional Court has ruled the doctrine of common purpose should be applied to the crime of rape.

Share this:
Read More arrow_forward

160425Staggie06.jpg

Mood in Manenberg 'precarious' as analyst fears revenge attacks over Staggie hit

14 December 2019 9:39 AM

An analyst suspects that the brazen killing of Rashied Staggie won't go unpunished and the community of Mannenberg remains alert.

Share this:
Read More arrow_forward

160425Staggie04.jpg

Hit on Rashied Staggie done to undermine Hard Livings gang, says criminologist

14 December 2019 9:13 AM

Prominent Cape Town gang figure Rashied Staggie was assassinated in his car on Friday by two gunmen in Salt River.

Share this:
Read More arrow_forward

Gavel of judge in law court legal 123rflegal 123rf

Court orders City of Cape Town to stop harassing homeless people

13 December 2019 2:30 PM

A High Court judge has extended an interdict stopping law enforcement officials from issuing fines and harassing homeless people.

Share this:
Read More arrow_forward

Mkhwebane

Mkhwebane fails to dodge personal costs order linked to Estina 'whitewash'

13 December 2019 1:29 PM

The High Court has dismissed the Public Protector's application for leave to appeal the Estina Dairy Farm report ruling.

Share this:
Read More arrow_forward

191206wcgif

Holiday road trip ahead? City offering free vehicle safety checks until Friday

13 December 2019 1:26 PM

CAR magazine technical consultant Nicol Louw runs through the vital checks you can get the experts to do and those to do yourself.

Share this:
Read More arrow_forward

130923Staggie .jpg

[BREAKING NEWS] Former Hard Livings leader Rashied Staggie murdered

13 December 2019 12:36 PM

The former Hard Livings leader was sitting in a car in front of his house in Salt River when someone sprayed it with bullets.

Share this:
Read More arrow_forward

20180223Yolisa Matakata Hawks3

WC top cop Yolisa Matakata expected to stabilise policing in the province

13 December 2019 12:28 PM

Premier Alan Winde and ANC's Cameron Dugmore are behind Matakata, who's tasked with bringing stability to policing in the province.

Share this:
Read More arrow_forward