LIVE | BLSA 'extremely concerned' about impact of De Ruyter's exit | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 80%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

LIVE | BLSA 'extremely concerned' about impact of De Ruyter's exit

needs a black CEO to end load-shedding, let's visit the power utility's history. Since 2000, Eskom has had 11 black CEOs. It had 8 black board chairs since 1997. At least 50 black people on its board since 1997. Racial transformation is not the problem. 1/2De Ruyter's resignation raises alarm in private sector, rand retreats

"Mr De Ruyter has agreed to stay for an additional period beyond the stipulated 30-days' notice to ensure continuity while we urgently embark on a search for his successor," said Eskom chair Mpho Makwana. The Eskom board denied speculation that Makwana would become interim CEO. "On behalf of the Eskom Board, executive and the entire Eskom staff, I thank De Ruyter for his extraordinary service to the people of South Africa. I also thank De Ruyter’s family for supporting the Group Chief Executive during the tumultuous period," said Makwana.

"We demand that whoever replaces Andre De Ruyter must have an engineering background, and, must also work for Eskom, so that that person can understand all the technical aspects of this business. Eskom is not like any other company, you need a technical expert who, at the very least, must understand the difference between good quality coal and bad quality coal. This was a concept which was way over De Ruyter’s head," General Secretary Irvin Jim said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sorry pal. Your ANC f*cked up good and solid. The white man taught him well.

Relax. His sister Gena Ruyter is taking over

What impact if he failed,hence, not even qualified to handle engineers duties. Or probably your concern is something else other than this traumatic loadshedding from stage 1 to stage 6, he is advocating eversince from day one on duty when he claimed to fix it in 18 months.

Was stage 6 not extremely concerning enough for them?

Please stop forcing unwanted goods down our throats.

They’re not concerned about Loadshedding bengasibhedeli bona

Kuyobasiza ngani?

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

De Ruyter exit: Concern over energy transition, $8.5bn pledge from rich countries | BusinessOutgoing Eskom CEO André de Ruyter championed renewables and the just energy transition, but his resignation has raised concerns about the continuation of programmes supporting these initiatives at the utility. | LameezOmarjee News24_Business LameezOmarjee _Business More coal will ease the pain of loadshedding and save the economy from total collapse. We need it. Let's emulate Europe in digging more coal and building more power stations. This is not a good time to flirt with the (un)just transition. LameezOmarjee _Business We are doomed.. LameezOmarjee _Business The EFF / ANC ret alliance have got their way. To the detriment of all!
Source: News24 - 🏆 4. / 80 Read more »