'Very strong risk of load shedding returning in August'

Eskom chairperson Jabu Mabuza arrives at Lethabo Power Station. Picture: Abigail Javier/EWN.

Phakamani Hadebe is leaving skid marks in the driveway at Megawatt Park…

Bruce Whitfield, The Money Show

There’s actually a very strong risk of load shedding coming up at the end of August and into the start of September… The operational issues have not been fixed…

Peter Attard Montalto, Head of Capital Markets Research - Intellidex

Public Enterprise Minister Pravin Gordhan has appointed Jabu Mabuza as Eskom’s acting executive chairperson and acting CEO of Eskom Holdings.

Mabuza takes over due to the resignation of Phakamani Hadebe.

Wednesday is Hadebe’s last day at Eskom.

The Money Show’s Bruce Whitfield interviewed Peter Attard Montalto, Head of Capital Markets Research at Intellidex.

Listen to the interview in the audio below (and scroll down for more quotes from it).

It’s not positive having the same person as chairperson and CEO... they should be separate roles…

Peter Attard Montalto, Head of Capital Markets Research - Intellidex

Given the stakes… it’s probably the worst job in South Africa… pretty much an impossible job…

Peter Attard Montalto, Head of Capital Markets Research - Intellidex

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