Is Eskom getting better? We interview its acting CEO Brian Molefe…

Acting CEO Brian Molefe said on Tuesday the utility has managed a net a profit of R3.6 billion.

Molefe says the parastatal is making progress and becoming more stable.

The Money Show’s Bruce Whitfield interviewed Molefe.

Scroll down to listen to the audio.

We’re working the grid hard by limiting load shedding. However, the cost of load shedding is very high and we would like to keep it to the minimum.

Brian Molefe, Eskom Acting CEO

Medupi Unit 6 is almost ready! Hopefully we’ll get it by the end of the month.

Brian Molefe, Eskom Acting CEO

We haven’t had Stage 3 load shedding in three months.

Brian Molefe, Eskom Acting CEO

I have not been informed about plans to build nuclear power plants. However, I believe we need more nuclear power. Once you’re over the initial capital investments you’re left with very cheap electricity.

Brian Molefe, Eskom Acting CEO

I have a job until October.

Brian Molefe, Eskom Acting CEO

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