ENERGY CRISIS: De Ruyter’s resignation from Eskom a ‘major blow’ for power utility’s reform, warn business and investment experts

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The timing of André de Ruyter’s departure as the Eskom CEO is arguably terrible as SA is in the throes of unprecedented and sustained levels of rolling blackouts. There will also be a vacuum in Eskom’s top leadership structure.

The resignation of André de Ruyter as the Eskom group CEO has shocked business, investment and energy experts, who say it is a blow to efforts at reforming the power utility’s operations and ending rolling blackouts that in 2022 have reached their worst levels yet.

Eskom confirmed De Ruyter’s resignation in a media statement on Wednesday, but didn’t provide reasons for his move, saying only that he would serve a notice period until the end of March 2023. The power utility is “urgently” embarking on a search for De Ruyter’s successor. De Ruyter’s departure is also worrying because there will be a vacuum in Eskom’s top leadership structure, with the power utility not having a permanent CEO, head of generation , and soon no permanent chief operating officer . Jan Oberholzer, the Eskom COO, is set to retire in April 2023.

In other business circles, there have been growing calls for De Ruyter to quit or be fired, with the Black Business Council repeatedly calling for him to resign and making him the scapegoat for rolling blackouts.In recent days, De Ruyter’s leadership has come under intense scrutiny and been trashed by Mineral Resources and Energy Minister Gwede Mantashe, who said Eskom was “actively agitating for the overthrow of the state” through the blackouts.

 

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But, we will soon get BLACK Electricity! Wireless! Free for all!

NOBODY should blame him -just the MYANC must take responsibility for 28 yrs of total CHAOS

Arguably terrible but ppl wanted him to resign moos..u dont know wat u want

Follow the diesel and you’ll find lots of reasons why ESKOM cannot be allowed to recover.

Why white media continue to tell us Andre De Ruyter is good for Eskom when in actual fact he brought more problems than solutions.

Good riddance

Not as though Andre De Ruyter managed to keep the lights on, did he. Worst ever blackouts under his management

Suspension of Judge Hlophe is a major blow in the legal fraternity. De Ruyter destroyed the utility, worse loadshedding, utility made a loss for his entire term, as we speak financials for the previous year are not issued. His skin colour qualifies him for protection.

He was a useless white male!

WMC must step aside

Time that you expose Gwede and Pravin. Where is Advocacy_AmaB when they are needed.

Only one solution now, LetsFreeTheCape

It is not. Believe us citizens. He was just a ststue there

His resignation is suspicious it happens 2days before the ANC conference I hope this is not going to be another LIE of Ramaphosa to look to the NEC as a person fixing Eskom bcoz we know it's a BLUE LIE load shedding is going to worsened they destroyed Eskom we are in stage 7 now

Niyagula emakhanda?

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