JOHANNESBURG - Eskom’s new chief executive Andre de Ruyter said on Friday he was in the process of appointing boards for the state power utility’s planned division into units for generation, transmission and distribution.
Eskom produces more than 90% of South Africa’s electricity, but its ailing fleet of coal-fired plants have struggled to keep up with demand, leading to periodic crippling power shortages. De Ruyter warned that the probability of power cuts would increase over the medium term as Eskom gets on with badly-needed maintenance. He added that Eskom was seeking to refinance its debts, and so the interest charges on its balance sheet could increase.
busrep We said it that this guy's mission was to divide Eskom into sellable chunks. Is the ANC still the governing party or the DA is?