ESKOM LIVE | Stage 5 from 16:00, with mostly lower stages throughout the weekend | Business

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ESKOM LIVE | Stage 5 from 16:00, with mostly lower stages throughout the weekend

Eskom said on Thursday Stage 5 load shedding will be implemented from 16:00 until 05:00 on Friday, with various stages of loadshedding to be implemented over the weekend.

Delays in returning units to service at Camden, Hendrina, Kendal, Matla, and two generating units at Tutuka continues to add to currency capacity constraints, it said.Hlengwa ends with a swipe at De Ruyter and his time as CEO - people talk about nine wasted years, there was also"three wasted years".With regards to Mr Ruyter - notwithstanding issues of performance and focus - he informed me fairly late of the poisoning incident.

"You can't have board members running a private investigation. It is in breach of their fiduciary duties." He says he agrees with Hlengwa's concerns."We need to disentangle that". Gordhan on his"trust erosion" with De Ruyter says the eNCA interview was a crucial point. 17 May 13:38Gordhan says"the test" of proof has to be there - especially around the alleged corruption ministers.

Asked if Gordhan was worried that Eskom had an unvetted CEO, who then pursued an intelligence probe that has a bearing on what is happening at Eskom. Gordhan: everybody is going to learn"serious lessons" after the Fivaz saga - business for funding it and the media for writing about it. Gordhan on Karpowership:

"To write a book like this while you were supposed to be running a big organisation, so what was his focus?"Mente says appointing De Ruyter was an"horrible mistake". Gordhan says the accounting authority of Eskom is the board. "It could have been a very good choice, it could have been a very bad choice - you don't know how human beings behave". "Any attempt by smearing people on the outside... would come across very poorly".

'I think no serious CEO... would break the kind of contract you sign and the obligations [you have]." Gordhan: Asked what De Ruyter did to ensure better maintenance and had a plan B that he was open to listen to. "If you don't have humility you don't have the ability to listen." He inherited a situation being rebuilt and facing financial constraints. Is he covering up his failure:"It would appear for some human being to have their ego take a knock.

 

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