'New Eskom CEO doesn't have Eskom or energy experience'

Energy expert Ted Blom says the new Eskom CEO Andre de Ruyter is not the right candidate to fix Eskom.

Minister of Public Enterprise Pravin Gordhan made the announcement of Monday of the new appointment.

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

Speaking to Refilwe Moloto, Blom says De Ruyter does not have an engineering qualification.

RELATED: Andre de Ruyter announced as new Eskom CEO

The minister announced that whoever gets appointed needs to be an engineer and if that is the case then the minister did not read this candidate's CV because there is no engineering degree or qualifications.

Ted Blom, Independent Energy Expert

Blom adds that it is possible that the new CEO will lead the Eskom Holding after the unbundling as announced by the government is complete.

My guess is that this person was not appointed to fix Eskom. As we know the government is unbundling Eskom, this person will stay with the holding company.

Ted Blom, Independent Energy Expert

This board is incompetent. I don't know how an incompetent board can draw up the criteria for a new CEO.

Ted Blom, Independent Energy Expert

Blom says Eskom does not need someone who will have to learn on the job.

Mr Pravin Gordhan said last week he is still learning things. That is the same as this candidate, he doesn't have an Eskom experience, he has limited energy experience.

Ted Blom, Independent Energy Expert

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

De Ruyter has been appointed to execute on the mandate of the government and that is the breakup Eskom and not to fix Eskom.

Ted Blom, Independent Energy Expert

Listen to the full interview below...


This article first appeared on CapeTalk : 'New Eskom CEO doesn't have Eskom or energy experience'


Recommended

by NEWSROOM AI
Read More
Nolitha Fakude worried by number women in decision-making positions

Nolitha Fakude worried by number women in decision-making positions

The businesswoman and chairman of Anglo American management board talks about her memoir Boardroom Dancing.

Battle for Sea Point's Tafelberg land continues in court

Battle for Sea Point's Tafelberg land continues in court

Ndifuna Ukwazi executive director Mandisa Shandu says where people live matters in terms of accessing jobs, health and education.

Where was security when trains got torched in Cape Town, asks Brett Herron?

Where was security when trains got torched in Cape Town, asks Brett Herron?

Former Transport Mayco member, now Good Party SG, Brett Herron asks if the cameras in Cape TownSstation were monitored.

'It is quite clear that this Cabinet is not President Ramaphosa's first choice'

'It is quite clear that this Cabinet is not President Ramaphosa's first choice'

Pan-African Investments and Research Services CEO Dr Iraj Abedian gives his views on rumours of a cabinet reshuffle.

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

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

Andre de Ruyter, who is currently the CEO of packaging group Nampak, will take over from Phakamani Hadebe.

Andre de Ruyter announced as new Eskom CEO

Andre de Ruyter announced as new Eskom CEO

Public Enterprises Minister Pravin Gordhan made the announcement on Monday.

Popular articles
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.

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.

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.

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.