Eskom board 'firmly' behind appointment of new CEO, Numsa says it's a setback

While the National Union of Metalworkers of South Africa (Numsa) views the appointment of new Eskom CEO Andre de Ruyter as a setback for transformation, the utility's board says it is firmly behind him and has no doubt that he will hit the ground running.

The first thing we should say is that in the SOEs and in South Africa today we should view this appointment as nothing less than a setback on transformation.

Irvin Jim, General secretary - Numsa

De Ruyter, who is currently the CEO of packaging group Nampak, will take over from Phakamani Hadebe who resigned earlier this year.

Speaking to Bruce Whitfield on The Money Show, Business Leadership South Africa CEO and Eskom board member Busisiwe Mavuso says De Ruyter was the board's preferred candidate.

I can definitely tell you without any fear of contradiction... Andre has been our number one candidate and we are firmly behind him as the board and as business.

Busisiwe Mavuso, Eskom board member

I think Andre has got a deep knowledge of the energy sector...he is the guy who knows how to roll up his sleeves, he is a doer. He actually has done a thorough analysis of what needs to be done at Eskom and he is very much aware of what confronts the organisation in terms of challenges.

Busisiwe Mavuso, Eskom board member

He knows what challenges he is walking into.

Busisiwe Mavuso, Eskom board member

Recommended

by NEWSROOM AI
Read More
Made in South Africa: The Mara smartphone now sells at Vodacom

Made in South Africa: The Mara smartphone now sells at Vodacom

Mara smartphones are now available from Vodacom participating outlets. Bruce Whitfield interviews Ashish Thakkar, Mara's CEO.

Stage 6 loadshedding:  'I am surprised at the shock'

Stage 6 loadshedding: 'I am surprised at the shock'

Bruce Whitfield interviews economist Dr Thabi Leoka on Eskom's shock announcement late Monday afternoon.

Why Anchor Capital is buying MTN, Sibanye and Transaction Capital

Why Anchor Capital is buying MTN, Sibanye and Transaction Capital

The Money Show’s Bruce Whitfield asks Peter Armitage (CEO at Anchor Capital) for his stock picks of the week.

Want to start a small business? Lessons from a successful serial entrepreneur...

Want to start a small business? Lessons from a successful serial entrepreneur...

The Money Show’s Bruce Whitfield interviews Nic Haralambous, founder (at the cost of R5000!) of funky sock company Nic Harry.

Considering emigration? Financial planner discusses the affordability of leaving

Considering emigration? Financial planner discusses the affordability of leaving

Can you afford to leave South Africa? Certified Financial Planner (CFP) Barry O'Mahony on what to consider before deciding.

'SAA’s collapse plays nicely into hands of a politically constrained Ramaphosa'

'SAA’s collapse plays nicely into hands of a politically constrained Ramaphosa'

After dithering for fear of spending political capital, SAA is now out of the President’s hands, says Pieter du Toit (News24).

Popular articles
Stage 6 loadshedding:  'I am surprised at the shock'

Stage 6 loadshedding: 'I am surprised at the shock'

Bruce Whitfield interviews economist Dr Thabi Leoka on Eskom's shock announcement late Monday afternoon.

[WATCH] Fikile Mbalula's funny interview has social media in stitches

[WATCH] Fikile Mbalula's funny interview has social media in stitches

Khabazela shares tweets and Facebook posts that have gone viral.

 Eskom buys fine coal that looks like baby powder when wet, says expert Ted Blom

Eskom buys fine coal that looks like baby powder when wet, says expert Ted Blom

Energy analyst Ted Blom weighs in on the energy crisis in South Africa as load shedding stage 2 is implemented.

SA's Zozibini Tunzi simply the best, crowned Miss Universe 2019

SA's Zozibini Tunzi simply the best, crowned Miss Universe 2019

The 26-year-old is the third South African to be crowned Miss Universe and has made the country proud.

Want to start a small business? Lessons from a successful serial entrepreneur...

Want to start a small business? Lessons from a successful serial entrepreneur...

The Money Show’s Bruce Whitfield interviews Nic Haralambous, founder (at the cost of R5000!) of funky sock company Nic Harry.

‘South Africans are getting poorer and poorer because of politics’

‘South Africans are getting poorer and poorer because of politics’

SAA is a classic example, says Isaah Mhlanga, Chief Economist at Alexander Forbes Investments.

How to make your first R1 million (after that it just becomes so much easier)

How to make your first R1 million (after that it just becomes so much easier)

Rich. Wealthy. Financially free... Call it what you will; the first million is how you get there. Warren Ingram on his book...

Did you know? SA exports electricity to seven countries in Southern Africa

Did you know? SA exports electricity to seven countries in Southern Africa

Senior Researcher at Africa Check Kate Wilkinson shares their latest from their fact-finding missions.