Finance minister enters the fray saying there have been more power cuts under André de Ruyter than his predecessorsFinance minister Enoch Godongwana has added his voice to a growing chorus of alarm over the state of Eskom and the performance of Eskom CEO André de Ruyter, saying that unlike previous CEOs, De Ruyter was given the luxury of taking out generating units for planned maintenance.
But a study has shown that more power cuts have occurred under him than any other CEO, costing the country R120bn during his tenure alone...A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.
If one listens to what ex CEO Mkoko had to say on natl TV recently, then it is clear why the Eskom machinery& infrastructure is so decrepit & broken down⁉️😳We understand now that broken equipment cannot function as new/properly maintained machinery can!Koko says he didn't care🤑
'Eksdom' is, and now always will be the inherent problem...there have been some 13 CEO's in just about as many years with no solutions. Therefore, a major technical policy change is inevitable, the cessation of coal as an energy resource is paramount.
Perhaps because De Ruyter isn't burning billions of Rands in diesel to hide the fact that our power stations are shot
There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about lisamiaBTC it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done
I decided to act on faith instead of fear. I’m now reaping the rewards of that bold step and making more money than I could even imagine all thanks to an amazing lady AmeliDavd
ANC at work here!