Saddled with creaking coal-fired power stations and a mountain of debt, Eskom has struggled for years to meet electricity demand in Africa's most industrialised country. De Ruyter officially became CEO at Eskom in January 2020 moving from packaging company Nampak (NPKJ.J). "I wish all the hard working people of Eskom well," de Ruyter said in the statement released by Eskom. The utility ramped up scheduled power cuts a week ago to "Stage 6", repeating the worst outage level on record. Eskom's COO Jan Oberholzer said in September the plans to end recurring power cuts could take at least a year to deliver results.

Source: News 24 December 14, 2022 23:49 UTC