Eskom’s new boss starts today – here’s what we know about André de Ruyter
André de Ruyter started possibly the toughest job in South Africa on Monday. Apart from a renewed bout of load-shedding and power stations that are falling apart, the new Eskom CEO heads an operation with earnings that are far exceeded by its debt repayments. Eskom’s debt burden has now topped R450 billion, and over the past decade, its 10 former CEOs and 6 boards could do little to stop the […]
