Browsing: Jan Oberholzer
Eskom has made “key” progress in restructuring the operations of the business, with the power utility committed to meeting the “ambitious” unbundling target date of 2021.
Eskom CEO André de Ruyter said on Thursday the state power utility could become financially viable and do without government bailouts if it could more than halve its debt to R200-billion.
For the second year in a row, Eskom management and key staff members will not take leave in the festive season as the power utility struggles to halt power outages.
Following major problems that brought Eskom’s Medupi power station to its knees last week, Medupi manager Rudi van der Wal is leaving Eskom to take up a position overseas.
Eskom’s power system “remains tight and vulnerable” going into the summer because of increased maintenance.
Eskom’s 96-year history is replete with former CEOs who rose from within the debt-laden state utility to run the company. There are few obvious choices for the next CEO to come from those same ranks.