Podcasts about eskom ceo andre

As former Eskom CEO Andre de Ruyter shed light on the suspension of load shedding, attributing it to a surge in diesel usage, contradicting government claims at the PSG Financial Services' annual conference. Mteto Nyati, Eskom chairman joins Bruce to explain how they are really keeping the lights on   As global equity markets surge, South African stocks remain conspicuously cheap, but caution is advised with a contentious election looming. Marc Hasenfuss, editor-at-large at Financial Mail weighs the risks and rewards in a market poised for potential shifts.   Stian Brant, owner, founder and primary designer of Brandt BRV, a vehicle manufactured in Bloemfontein, discusses with host Bruce Whitfield the concept behind his automobile. He shares with Bruce his motivation for embarking on creating his own car and how the government is currently aiding in expanding production.   In our Investment School, Garth Mackenzie, founder and editor of TradersCorner.co.za explores thematic ETF investing using offshore WTFs. He delved into themes like fintech, online retail, aerospace, and gold mining with ETFs like FINX, IBUY, XAR, and GDXJ, alongside regional country ETFs. He discusses how South Africans can access these ETFs, understand concentration risks, and assess diversification within each ETF. See omnystudio.com/listener for privacy information.

As former Eskom CEO Andre de Ruyter shed light on the suspension of load shedding, attributing it to a surge in diesel usage, contradicting government claims at the  PSG Financial Services' annual conference. Mteto Nyati, Eskom chairman joins Bruce to explain how they are really keeping the lights onSee omnystudio.com/listener for privacy information.

As Minister of Public Enterprises Pravin Gordhan readies to leave office after the May 29 elections, the Democratic Alliance (DA) has less than warm words for him, describing his tenure as "disastrous". On Friday, Gordhan's department announced his intention to retire from active politics when the term of the current administration ends after the elections. Gordhan has led Public Enterprises since 2018, having been appointed by President Cyril Ramaphosa, and will be leaving what the DA says is "a trail of destruction in the State-owned enterprises (SOEs) sector". "Gordhan stood idly by as Eskom lurched from one crisis to another. Since his appointment to the Public Enterprises portfolio, South Africans have spent more days in the dark than at any other time since the crisis began 17 years ago. By failing to decisively deal with the loadshedding crisis, Gordhan should shoulder part of the blame for South Africa's struggling economy, loss of jobs, closure of businesses, and attendant decline in private sector investment," said DA Shadow Minister of Public Enterprises Mimmy Gondwe. Recently, Gordhan has faced criticism for not disclosing the sale agreements related to the South African Airways (SAA)/Takatso deal. "Gordhan has gone to extreme lengths to try and co-opt Parliament into his long drawn-out plan to maintain a veil of secrecy on the SAA/Takatso deal," Gondwe said. She further blamed Gordhan for the bailouts that some SOEs received, at the expense of the taxpayer, accusing him of squandering the public goodwill he held at the start of his role as Public Enterprises Minister. She also called him out for not backing former Eskom CEO Andre de Ruyter when he made allegations of widespread corruption at the State power utility, linking politicians and criminal networks. She said Gordhan had closed ranks with the African National Congress (ANC) and victimised De Ruyter, instead of investigating the allegations he had made. "Gordhan has himself to blame for choosing to be an ANC lackey rather than a principled public servant for the greater good. South Africans should vote in their millions on 29 May to send the rest of his comrades packing from government. The DA is the only party big enough and with the institutional capacity to rescue South Africa and get our country working again," Gondwe said.

The Constitutional Court rules on a landmark challenge to the Divorce Act. A court case to determine what will happen to about 260 homeless people living on the streets in Cape Town's CBD is being heard in the Western Cape High Court. President Cyril Ramaphosa receives South Africa's Census 2022 national results from Statistics South Africa (Stats SA). The police officer responsible for investigating the corruption allegations made by former Eskom CEO Andre de Ruyter – has been a no-show twice. Brent Lindeque takes us through an explanation on who Dr Matthew Lani is and how he managed to pose himself as a medial Doctor. Wits University has distanced itself from Lani.See omnystudio.com/listener for privacy information.

ActionSA is having its 3-day policy conference where the party will outline its policy ideas before their first participation in a general election. Over 600 ActionSA members nationwide are expected to attend the conference. Scopa continues with its preliminary inquiry into the corruption allegations of former Eskom CEO Andre de Ruyter. After a no-show in June - the police investigator dealing with the investigations is set to appear. After calling in sick last week, Public Enterprises Minister Pravin Gordhan is set to appear before Parliament's portfolio committee today to respond to the raft of allegations made by the former DG that the SAA deal with Takatso was not above board. CASAC states that Adv. Busisiwe Mkhwebane's removal sets an important precedent. Remembering Steve Biko and the legacy he left. See omnystudio.com/listener for privacy information.

The Special Investigating Unit (SIU) says former  Eskom CEO Andre de Ruyter, did not have authority to investigate the corruption at the power utility. Head of SIU,  Advocate Andy Mothibi says the unit has questioned why Eskom appointed a private investigative company and not law enforcement. The Special Investigating Unit and Hawks have been briefing the Standing Committee on Public Accounts regarding the intelligence report commissioned by former GCEO of Eskom. Advocate Mothibi elaborates.

Former Eskom CEO Andre de Ruyter will today appear virtually before the Standing Committee on Public Accounts, SCOPA to provide further information on alleged criminal activities at the power utility. SCOPA invited de Ruyter to brief the Committee following his scathing TV Interview in which he accused ANC officials and Ministers of corruption at Eskom. For more on this, Elvis Presslin spoke to our SABC reporter in Cape Town, Mr. Joseph Mosia

South Africa's ever-worsening power crisis — in which homes and businesses go without electricity for up to 10 hours per day — is strangling Africa's most developed economy. President Cyril Ramaphosa hopes that his new Electricity Minister Kgosientso Ramokgopa will help his government to curb the rampant corruption and mismanagement that have put the country in the dark. Ramaphosa made the appointment in a long-awaited Cabinet reshuffle on March 6. The new minister will focus solely on dealing with the crippling power cuts, Ramaphosa said in his State of the Nation address in February, when he declared a state of disaster to deal with the electricity shortages affecting the country's 60 million people. South Africa's state-owned power utility Eskom has implemented rolling power cuts across the nation for years but 2022 was the worst and 2023 has started with even longer outages and no solution in sight. As a result of the extensive power cuts, South Africa's central bank now forecasts GDP growth to be just 0.3% in 2023. Eskom, which marks its 100th anniversary in March, is struggling with the frequent breakdowns of many of its aging coal-fired power stations. The biggest problem is corruption in which at least four gangs are draining the company of $50 million per month, Eskom CEO Andre de Ruyter said recently. His scathing indictment in a television interview of the government's inability to curb the corruption led to his immediate resignation. The power cuts are the biggest threat to South Africa's economy, said Mark Swilling, co-director of the Centre for Sustainability Transitions at Stellenbosch University. South Africa's economy is in decline due to the wide-ranging effects that the power crisis was having on businesses, he said. “The combination of rising interest rates and load-shedding is simply making things worse, so our economy is indeed in decline,” Swilling told The Associated Press. The naming of a new electricity minister is a positive step, said Swilling. “It is encouraging that the president will now have someone to focus specifically on dealing with the crisis, and people will expect to see actual results,” he said. This article was provided by The Associated Press.

Guilty players castigating former Eskom CEO Andre de Ruyter expose their lack of commitment to solve corruption crisis, argued Lawson Naidoo and Wayne Duvenhage on the 'Sunday Times Politics weekly'. De Ruyter made claims of how corruption brought the power utility to its knees. The ANC party has challenged him to provide proof to back up his allegations, failing which, it says, it will take legal action. President Cyril Ramaphosa has also challenged De  Ruyter to prove his claims. Naidoo, executive secretary at the Council for the Advancement of the Constitution and the Organisation Undoing Tax Abuse CEO Duvenhage help us unpack the extent of corruption in our country touching on De Ruyter's claims and what can be done to turn the tide.

Guilty players castigating former Eskom CEO Andre de Ruyter expose their lack of commitment to solve corruption crisis, argued Lawson Naidoo and Wayne Duvenhage on the 'Sunday Times Politics weekly'. De Ruyter made claims of how corruption brought the power utility to its knees. The ANC party has challenged him to provide proof to back up his allegations, failing which, it says, it will take legal action. President Cyril Ramaphosa has also challenged De  Ruyter to prove his claims. Naidoo, executive secretary at the Council for the Advancement of the Constitution and the Organisation Undoing Tax Abuse CEO Duvenhage help us unpack the extent of corruption in our country touching on De Ruyter's claims and what can be done to turn the tide. Producer: Bulelani Nonyukela.

Peter Bruce goes solo again in this new edition of Podcasts from the Edge, suggesting that former Eskom CEO Andre de Ruyter's revelations about corruption inside Eskom and the direct involvement of cabinet ministers is probably the real reason President Cyril Ramaphosa is being so slow to name a new government. If he knows, as he probably does, what De Ruyter knows and what most of the media appear to have been given access to, it means he knows the names of the ministers involved. The risk of not including them in a reshuffled Cabinet may be intense. At the same time the risk of not firing them now will almost certainly come back to haunt the president later in the year and seriously damage his and the ANCs position ahead of elections in May 2024. Until the dam breaks and a name is attached to the cartels hollowing out Eskom, the country is on a precipice. Anything, it can sometimes seem, could happen here.

Pressure is mounting on former Eskom CEO Andre De Ruyter to open criminal charges against those he alleges are responsible, through corrupt activities, for the dilapidated state of the Power Utility. Minister in the presidency, Mondli Gungubele says De Ruyter has a responsibility as a public official to name the alleged corrupt minister that saw the ANC allegedly feeding at the trough at Eskom. De Ruyter made the allegations shortly before he left Eskom with immediate effect on Wednesday. In a shorted chat I had earlier with Minister Gungubele, the minister says a self respecting CEO should approach law enforcement agencies over such serious allegations.

Civil society organisations and political parties alike have not minced their words in reflection to tenure of outgoing Eskom CEO, Andre de Ruyter after he parted ways with the embattled power utility. Among those who have expressed gratitude to de Ruyter is the Democratic Alliance's shadow minister for Public Enterprises, Ghaleb Cachalia, who says the de Ruyter has been removed because he has touched the African National Congress in its studio. The UpdateAtNoon also got comment from Economic Freedom Fighters Spokesperson, Sinawo Tambo who says de Ruyter added to the demise of the already troubled utility.  Congress of the People Spokesperson Dennis Bloem says the party is not surprised by de Ruyter's sudden exit and leader of the Freedom Front Plus (FF Plus), Dr Pieter Groenewald has called for a full investigation to be launched.

 The Central Energy Fund has come out guns blazing against allegations leveled against the fun by the outgoing Eskom CEO, Andre de Ruyter. In a statement, Central Energy Fund says it considers it reckless for Mr de Ruyter to go on National television and make wild allegations about the request for collaboration with Eskom on the coal fired power stations that Eskom intends to decommission as he could be heard in the interview. The statement further says the intention though from Mr de Ruyter is a sinister one, which has nothing to do with addressing the debilitating effects of load shedding on the South African economy through ensuring the optimisation of the capacity that sits within the South African state to address this challenge. Sakina Kamwendo spoke to Central Energy Fund CEO, Dr Ishmael Poolo 

ANC secretary-general Fikile Mbalula says the party will take legal action against  former Eskom CEO Andre de Ruyter for allegations he made about corruption in the  troubled power utility at the hands of the ANC.  Mbalula called on De Ruyter to prove his allegations, adding that De Ruyter, who resigned with immediate effect soon after the explosive interview, was using the party as a “scapegoat” for his “failures” as CEO of the power utility. 

Can Eskom successfully be sued for load-shedding? The power utility is currently assessing a letter of demand from Mabuza attorneys and several other law firms over its failure to curb rolling blackouts in the country. The letter of demand was issued to Eskom CEO Andre de Ruyter and Public Enterprises Minister Pravin Gordhan on Monday. Several political leaders and lobby groups are also planning to take legal action against NERSA's 18.65% tariff increase granted to Eskom. To discuss the legalities around load shedding, Elvis Presslin spoke to Legal analyst, Mr. Mpumelelo Zikalala

As Executive Director of the Presidential Climate Commission, Dr Crispian Olver is at the very centre of South Africa's swirling energy policy debate. The commission's job isn't just to plan a way forward for the country, but to find the money to do it. In this first 2023 edition of Podcasts from the Edge he tells Peter Bruce that, despite setbacks and the growing power of the fossil fuel obsessed minerals and energy minister Gwede Mantashe, plans raised to wean South Africa off coal and presented to the COP27 climate conference in Egypt last November are still in place. The $8.5bn pledged by the EU, the US and the UK is, he says, “secure” despite the resignation of Eskom CEO Andre de Ruyter, who helped raise the money in the first place. Nonetheless, he concedes, we are “in a very real and tangible crisis and we have manifestly failed to make sure that we have the generating capacity” we need. “You can't sugar-coat the bald facts,” says Olver. De Ruyter, he says, did a lot of good but “clearly didn't have his hands on the machinery at Eskom”. As for the ANC “decision” recently to pass control of Eskom to the department of minerals and energy, the absence of management skills there would make it a “catastrophic move” if it were to happen. “I think there needs to be a second take,” he suggests. For Olver, two key reforms are irreversible. First the decision to carve a separate transmission company out of Eskom is happening (however slowly). Second, there are no limits anymore on how much power private sector companies can now generate. It may all take a while to gel but it can't be stopped.

Guest: Energy expert Chris Yelland joins Mike to explain his view that the attempt made on outgoing Eskom CEO André de Ruyter's life was meant to intimidate credible professionals from applying for the top job at the ailing power utility.See omnystudio.com/listener for privacy information.

15.12.22 Pt 2 - It's the final Burning Platform of 2022. Eskom CEO Andre de Ruyter is in the spotlight, we get an analysis of the ANC's voting numbers, plus a look at some of the good that came from this year.

Eskom CEO Andre de Ruyter’s resignation is the big topic of the day, along with the ANC’s downfall in numbers, and the diamond in the rough of 2022. Serbia has made headlines for not sanctioning Russia, which opens up a conversation about leadership of all the Arabic states. The Burning Platform The Burning Platform

Eskom CEO Andre de Ruyter’s resignation is the big topic of the day, along with the ANC’s downfall in numbers, and the diamond in the rough of 2022. Serbia has made headlines for not sanctioning Russia, which opens up a conversation about leadership of all the Arabic states. The Burning Platform The Burning Platform The Burning Platform

Eskom CEO Andre de Ruyter's resignation is the big topic of the day, along with the ANC's downfall in numbers, and the diamond in the rough of 2022. Serbia has made headlines for not sanctioning Russia, which opens up a conversation about leadership of all the Arabic states. The Burning Platform

Eskom CEO Andre de Ruyter's resignation is the big topic of the day, along with the ANC's downfall in numbers, and the diamond in the rough of 2022. Serbia has made headlines for not sanctioning Russia, which opens up a conversation about leadership of all the Arabic states.

It's been another extreme week on the electricity front, with Stage 5 loadshedding, the resignation of Eskom CEO Andre de Ruyter and some dramatic Nersa postponements. Terence Creamer discusses this traumatic period.

It's been another extreme week on the electricity front, with Stage 5 loadshedding, the resignation of Eskom CEO Andre de Ruyter and some dramatic Nersa postponements. Terence Creamer discusses this traumatic period.

The National Union of Metalworkers of South Africa, NUMSA says the resignation of Eskom CEO Andre de Ruyter was long overdue. The Union which has long called for his resignation says De Ruyter was not a suitable candidate to head the power utility. Numsa says workers experienced a high number of retrenchments due to persistent load shedding. For more on this, Elvis Presslin spoke to Phakamile Hlubi-Majola, NUMSA's National Spokesperson...

The Democratic Alliance, DA says Eskom CEO Andre De Ruyter was sacrificed at the altar of politics. The party says de Ruyter's sudden resignation at Eskom is a reflection of Energy Minister Gwede Mantashe's relentless campaign against him - Despite de Ruyter's dutiful efforts to turn around the power utility. For more on this, Elvis Presslin spoke to Ghaleb Cachalia, DA Shadow Minister of Public Enterprises; FF Plus Head of Campaigns, Wouter Wessels; ActionSA Leader Herman Mashaba; Professor Mark Swilling, head of the University of Stellenbosch's Centre for Sustainable Transitions; and Political Analyst Dr. William Mpofu.....

Guest: Pieter du Toit | Associate Editor: Investigations at News24See omnystudio.com/listener for privacy information.

Reports are emerging this afternoon that Eskom CEO Andre de Ruyter has handed in his resignation.

The Young Nurses Indaba has become the latest organisation to call for the head of Eskom CEO Andre de Ruyter.

Trade union federation SAFTU has called for the immediate resignation of Eskom CEO Andre de Ruyter amid the latest bout of intense load shedding.

 Eskom CEO Andre De Ruyter says the power utility is still dealing with challenges over the quality of coal that they receive. De Ruyter together with his Chief Operating Officer, Jan Oberholzer and the SIU partnering with the Hawks are at the Standing Committee on Public Accounts briefing members on parliament on recent challenges at Eskom. They are also giving updates on investigations that are still ongoing which have been brought before law enforcement agencies. De Ruyter had this to say when it comes to questions over how they are best dealing with the issue of bad quality coal. In the same clip, he is followed by his COO, Jan Oberholzer speaking on the recent fire at Kusile and the life expansion project at the Kuberg nuclear power station. 

Public Enterprises Minister Pravin Gordhan on Tuesday informed the directors of Eskom that changes will be made to the board in the next few days, News24 Business has learnt. Eskom, which can have a maximum of 13 non-executive directors, has only six. Seven have resigned with the first resignation in 2018 and have not been replaced. The remaining directors, whose term began in 2018, have appealed to Gordhan for several years to fill the vacancies on the board. It is critically short of the skills it needs, particularly in engineering and the electricity supply industry. With the crisis around Eskom deepening, the Cabinet resolved last week that the Eskom board should be strengthened. It is unclear whether the entire board will be replaced or some directors will be retained to allow for continuity. The board, which has been chaired by Professor Malegupuru Makgoba, since the resignation of Jabu Mabuza in 2020 has strongly supported the leadership of Eskom CEO Andre de Ruyter. While there was a strong sentiment expressed in last week's Cabinet meeting that De Ruyter should be fired, there has been no indication yet of what Gordhan intends to do.

AgriSA wants an urgent meeting with Eskom CEO Andre de Ruyter to discuss the power cuts, which it says have played havoc with the agricultural sector's productivity schedule.

Democratic Alliance (DA) leader John Steenhuisen has proposed that President Cyril Ramaphosa immediately dissolve the National Energy Crisis Committee and appoint in its place an outside industry expert to oversee the implementation of the Energy Response Plan. For a second time Ramaphosa has cut an overseas trip short to return to South Africa and attend to the energy crisis as the country saw Stage 6 power cuts on Sunday. The DA said there was no sense of urgency from Ramaphosa, Mineral Resources and Energy Minister Gwede Mantashe and Public Enterprises Minister Pravin Gordhan while Eskom CEO Andre de Ruyter and COO Jan Oberholzer reflect the true severity of the situation by using words such as “catastrophe”. “At the end of July, President Ramaphosa launched his latest plan to deal with load-shedding to much fanfare and nods of approval from the media and energy role-players. But two months later, almost every aspect of this plan has stalled,“ said Steenhuisen. He said it was a great concern that there was no lack of urgency, with no measurable targets or clear timelines attached to any of the project deliverables. The DA leader stressed that the Energy Crisis Committee must not be replaced by “another set of African National Congress (ANC) politicians”. “We cannot repeat the same actions and hope for a different outcome,” he said. The DA leader proposed that outside industry experts should be both apolitical and leading experts in the energy field. Steenhuisen went on to say that the expert must be sufficiently empowered to do whatever it took to stabilise the current generation fleet and bring additional generation on board, without their hands tied by red tape that had held back recovery until now. In addition, the party said their proposal required the executive authority to assemble a team of experts, to oversee the hiring of engineers and managers without having to answer to “racial bean counters in any ANC ministry”, and the power to make decisions on the procurement of additional electricity from independent producers, without stifling regulations imposed by Mantashe and Trade, Industry and Competition Minister Ebrahim Patel. In addition to appointing this outside expert the DA proposed a ring-fenced State of Disaster around Eskom and the country's electricity supply. The party said this would allow for the circumvention of the current legislation that prevented the acquisition of additional power from independent power producers. The party also wanted Ramaphosa to fire Mantashe for what it called "multiple failures". “He is responsible for the dysfunctional regulatory framework that has prevented our energy sector's recovery. He has repeatedly blocked renewable energy projects. He has allowed the Risk Mitigation [Independent] Power Producer Procurement Programme to stall in the middle of the crisis, and he cannot see beyond coal. He must go, and he must go now,” the party said.

South Africa faces yet another crippling week of intermittent power supply with Eskom announcing it is unable to match peak demand. Eskom CEO Andre de Ruyter hosted a press briefing updating the nation on the electricity crisis. Meanwhile, President Cyril Ramaphosa wrote in his newsletter that a comprehensive set of actions to deal with the crisis will be announced soon. Learn more about your ad choices. Visit megaphone.fm/adchoices

Eskom sees a “very real risk” of having to implement stage 6 power cuts by 5pm on Tuesday, after 10 generation units went offline overnight. Eskom ramped up power cuts to stage 4, requiring up to 4,000 megawatts to be shed from the national grid late last week, after labour protests linked to deadlocked wage talks. Under stage 6, 6,000MW needs to be shed from the grid. The utility plans to meet union leaders again on Tuesday to try to resolve issues relating to the strike, Eskom CEO Andre de Ruyter said.

 Eskom has warned of the possibille Stage Six rolling blackouts by this evening. Eskom CEO Andre de Ruyter says the grid is under pressure as the strike by some of its staff continues at power plants.The Sakina Kamwendo spoke to Analsyt at Futuregrowth Asset Management, Bongile James.

State-owned utility Eskom was forced to implement Stage 4 load-shedding on the evening of May 16 after Unit 2 at the Kusile power station tripped, Eskom spokesperson Sikonathi Mantshantsha said. The tripped Kusile unit removed 720 MW of generating capacity from the already constrained grid. “The major challenge that we have at Kusile is the novel technology of flue gas desulphurisation (FGD), which we have struggled to bed down. “This particular emission control equipment causes us to have a single point of failure on a unit so if the unit doesn't work, there is no way of bypassing the FGD, causing us to have to shut down the entire unit,” Eskom CEO Andre de Ruyter said. He said the utility had been having considerable challenges on the FGD unit and had obtained support from the original-equipment manufacturer to assist. “We're struggling to get that under control,” De Ruyter said. While the tripped Kusile unit had since been returned to service, Mantshantsha said it would slowly load up to full capacity during the night. Moreover, he said a generating unit at each of the Hendrina, Tutuka and Kriel power stations had also been returned to service, while a unit at the Arnot power station had been taken offline for repairs. Mantshantsha said the utility had 1 904 MW on planned maintenance, while another 17 255 MW of capacity was unavailable owing to breakdowns. Eskom COO Jan Oberholzer explained that the load forecast for the evening of May 16 was just under 31 000 MW, while the capacity available – excluding gas – was just over 27 000 MW. This meant that there was a shortfall of about 4 000 MW. However, Oberholzer said the forecast demand peak was expected to rise to about 33 000 MW by the end of May, which made it all the more urgent that this capacity be restored urgently. “We do have a significant shortfall for the evening peak because our demand pattern has moved to a typical winter pattern. The peaks during the evening are much more than during the daytime. The system is capable of handling daytime demand,” De Ruyter explained. He said that, while this limited the impact on business, the impact on domestic consumers was “particularly pronounced and highly regrettable”. THE STATE OF ESKOM'S CAPACITY De Ruyter explained that two generating units recently went down at Arnot, while another unit at Duvha had been out for more than six months owing to very poor performance from in-house contractor Eskom Rotek Industries and the power station management team. He said that the Duvha unit was supposed to have come back on May 5 but this date had not been met. He promised that appropriate action would be taken against those responsible for the failure to deliver the Duvha station back to working order. Meanwhile, Koeberg's unit 2 continued to be nonoperational owing to refuelling, De Ruyter said, depriving the grid of a further 900 MW of stable power. Oberholzer confirmed that Koeberg's dormant unit would only return to operation in June as extensive maintenance work continued to be carried out at the plant. Moreover, a hydrogen explosion at Medupi's unit 4 removed another 720 MW last August. The damage caused by the explosion has still not been rectified and the affected unit remains offline. “The combination of these two units in particular really has put us in a position where our capacity is incredibly constrained,” De Ruyter commented. On a more positive note, the Tutuka power station had three units currently operating, which means the power station was operating better than it has historically, De Ruyter pointed out. Meanwhile, two generation units at Matla were also down, adding to the constraints. At Matimba, De Ruyter said, the utility continued to experience challenges with cooling fans, which are causing load losses. “When the station was conceived and built in the 1970s, the station was oriented in the wrong direction relative to the prevailing wind. This has caused us to be very dependent on additional cooling and, ...

Eskom CEO André de Ruyter, says R626 million has already been spent on diesel for the month of April. Eskom CEO Andre de Ruyter says the plan is to drop load-shedding to stage 2 after the evening peak, with it possibly being lifted for the weekend after the Friday evening peak. Eskom says it had to implement stage 4 load-shedding on Tuesday after two units tripped. Speaking at a briefing updating on the power supply situation, De Ruyter said several units have been returned, but there was still a loss of 270MW due to maintenance on Cahora Bassa. Energy Expert; Ted Blom says Eskom CEO André de Ruyter is out of order and incompetent. 

Eskom has posted a significant improvement in its financial results, with a half-year net profit after tax of R9.2bn, compared to breakeven in the prior period. Alishia Seckam spoke to Eskom CEO Andre de Ruyter for more detail on how this was achieved.

Today's Daily Friend Show, featuring Nicholas Lorimer, Bheki Mahlobo and Gabriel Crouse. They discuss the comments by Eskom CEO Andre de Ruyter about the state of Eskom. They also discuss the medium term budget update and the latest on Covid numbers. Subscribe on Google Podcasts · Subscribe on Spotify · Subscribe on Apple Podcasts

Eskom CEO Andre de Ruyter says he will not resign of his own accord as he believes that the state utility needs leadership continuity. His comments come amid calls from the Black Business Council and the National Union of Mineworkers for De Ruyter's resignation. Business Day TV spoke to De Ruyter for more detail

News headlines: *Coalition talks between parties continue, with the kingmaker in Gauteng – ActionSA – in active talks with the Democratic Alliance and the Economic Freedom Fighters. *While it is no secret that Eskom's power grid is incredibly vulnerable and under strain, revelations from the group this week showed exactly how fine a line it is treading daily. *Eskom CEO Andre de Ruyter says he will not resign of his own accord because there's no use putting a new jockey on a dead horse.

Eskom CEO Andre de Ruyter said on Tuesday that he was not going to be stepping down, despite growing criticism of ongoing load-shedding across SA. The Black Business Council and the National Union of Mineworkers have been among the most vocal critics calling for De Ruyter to resign. But speaking at a briefing on Tuesday, De Ruyter said there had been no conversations between himself and the parastatal's board regarding him leaving.

Apologies for the audio clipping this week, Gavin got excited about his favourite topic: his bromance with Eskom CEO Andre de Ruyter. Xiaomi South Africa make a case for its excellently priced 11T Pro, the competition commission is looking into Takealot's monopoly, we go hands on with the Huawei Watch 3 Pro, there's some more ISP news and we give you a great tip to get more out of your home music listening. Gavin's main hustle is here: http://techmagazine.co.za/ And you can also find us here: http://thatopinionguy.co.za https://global.techradar.com/en-za Follow Gavin at https://facebook.com/TechMagazineZA/ Find Lindsey at https://twitter.com/SharpSchutters. Email us at overclocked@gmail.com Recorded and produced on LG V60 ThinQ Produced by Lindsey Schutters Music by Lindsey Schutters

This week Gavin continues his romantic fantasies about the Eskom CEO Andre de Ruyter, Lindsey fires shots at Minister of Minerals and Energy Gwede Mantashe, we detail Huawei's plans for the Nova 8 Pro and try to make some sense out of the WATCH 3 Pro product positioning. There's a ton of news to get through and you can even learn how to protect yourself from the smartphone snatchers who empty out your bank account. Watch The Quantified Scientist here: https://youtube.com/c/TheQuantifiedScientist Gavin's main hustle is here: http://techmagazine.co.za/ And you can also find us here: http://thatopinionguy.co.za https://global.techradar.com/en-za Follow Gavin at https://facebook.com/TechMagazineZA/ Find Lindsey at https://twitter.com/SharpSchutters. Email us at overclocked@gmail.com Recorded on LG Velvet Produced by Lindsey Schutters Music by Lindsey Schutters

Andre de Ruyter is the most important businessman in South Africa today. If the Eskom CEO can't deal with its debt, its notorious inefficiency, and the load-shedding problems, the whole country will suffer. Or suffer more. An explosion in Medupi the week of the interview, also can't help. Stuff editor-in-chief Toby Shapshak is more interested in how De Ruyter plans to turn Eskom into a modern power utility. And yes, solar is in the mix. Read more on Stuff.

From South African Airways to Eskom's transition from coal and private investment in South African harbours, the political noise surrounding any meaningful movement or reform in South Africa's political economy can often drown out the facts, or at least that facts the reformers say they see. Listen in as Peter Bruce talks to Public Enterprises Minister and former Finance Minister Pravin Gordhan about his satisfaction with the process underway to effectively privatise SAA, big hints around the introduction of private capital into South African harbours, where it has never been allowed, and political support, says, the minister, “at the highest level” for Eskom CEO Andre de Ruyter despite regular publics attacks on his person. Sure, Eskom will make some future investments in gas and maybe even a little nuclear. But the leap into renewables and battery storage will be “phenomenal”.

From South African Airways to Eskom's transition from coal and private investment in South African harbours, the political noise surrounding any meaningful movement or reform in South Africa's political economy can often drown out the facts, or at least that facts the reformers say they see. Listen in as Peter Bruce talks to Public Enterprises Minister and former Finance Minister Pravin Gordhan about his satisfaction with the process underway to effectively privatise SAA, big hints around the introduction of private capital into South African harbours, where it has never been allowed, and political support, says, the minister, “at the highest level” for Eskom CEO Andre de Ruyter despite regular publics attacks on his person. Sure, Eskom will make some future investments in gas and maybe even a little nuclear. But the leap into renewables and battery storage will be “phenomenal”.

In today's headlines: *Tencent investor Prosus NV has agreed to buy a majority stake in European online employee-training platform GoodHabitz for 212 million euros ($257 million), extending the e-commerce giant's push into education, reports Bloomberg. *Eskom CEO Andre de Ruyter has been facing death threats and unfounded allegations after starting a clean-up operation at the power utility. *Mauritius, which has been closed to international visitors throughout the pandemic, will reopen its borders to vaccinated tourists on 15 July. South Africans, however, are excluded from this reopening and will still be banned from entering Mauritius even if they have been fully vaccinated against Covid-19.

In today's headlines: *Tencent investor Prosus NV has agreed to buy a majority stake in European online employee-training platform GoodHabitz for 212 million euros ($257 million), extending the e-commerce giant's push into education, reports Bloomberg. *Eskom CEO Andre de Ruyter has been facing death threats and unfounded allegations after starting a clean-up operation at the power utility. *Mauritius, which has been closed to international visitors throughout the pandemic, will reopen its borders to vaccinated tourists on 15 July. South Africans, however, are excluded from this reopening and will still be banned from entering Mauritius even if they have been fully vaccinated against Covid-19.

After a long period of absence from the ManPatria Studio, Dumo and Nzuzo return to discuss SAA selling 51% stake to a private consortium, a mother giving birth 10 kids, Eskom CEO Andre de Ruyter's reducing Eskom's debt by R90bn (20%) in 18 months, Lindiwe Zulu experiencing loadshedding live on air, Ramaphosa allowing lifting the electricity generation threshold form 50MW to 100 MW, Ingonyama Trust being ordered to pay back millions to its tenants, Macron getting slapped, Bheki Cele announcing that police staff will not receive a salary increase for three years, and Julius Malema demanding that all schools be closed due to the third wave. ALL OF OUR LINKS

"I admire your single-minded courage to speak up for the truth and the law, even when this was clearly at considerable cost to you and your family," wrote Eskom CEO Andre de Ruyter to former Trillian Management Consulting CEO, Bianca Goodson. After speaking out against corruption, Goodson had her entire life turned upside down. From battles with her mental health and personal security, to issues in obtaining employment, Goodson told the BizNews Power Hour about the other side of the whistleblower coin.

"I admire your single-minded courage to speak up for the truth and the law, even when this was clearly at considerable cost to you and your family," wrote Eskom CEO Andre de Ruyter to former Trillian Management Consulting CEO, Bianca Goodson. After speaking out against corruption, Goodson had her entire life turned upside down. From battles with her mental health and personal security, to issues in obtaining employment, Goodson told the BizNews Power Hour about the other side of the whistleblower coin.

Power utility Eskom senior management gave the nation a briefing on the state of the power system yesterday.  They warned that load shedding remains a real threat as the system continues to have its vulnerabilities. Old coal-fired power plants remain a burden, while plans are in play to fix up build defects at their newest power plants – Medupi and Kusile. Unveiling the economic construction and recovery plan in parliament on Thursday last week President Cyril Ramaphosa stated that, Government is fast-tracking applications for electricity generation for personal use as it moves to end crippling load-shedding and secure energy supply. He said government would work hard to ensure reliable, sufficient supply of energy within by 2022…  Eskom Management on the other revealed yesterday that while it expects to have performed adequate reliability maintenance on its aged power plants to improve reliability by September 2021, the risk of load shedding will still not be eliminated.  So, what's the true picture here? To discuss that, Bongani joined by the Eskom CEO Andre de Ruyter. See omnystudio.com/listener for privacy information.

Eskom is now forecasting that there will be three days of load shedding during the coming winter period, from a previous forecast of thirty days before the lockdown. Eskom CEO Andre de Ruyter says Eskom's debt still remains high at 450-billion-rand and the company is still not able to generate enough revenue to meet its debt servicing costs. De Ruyter says loadshedding has had major cost implications for the company and the country's economy, while the lockdown has also presented a number of other limitations for the business. De Ruyter was addressing media during a briefing at Eskom's Megawatt head office in Johannesburg.

Power utility-ESKOM says municipalities who fail to settle their electricity debts will have their power cut off. Gauteng municipalities owe Eskom 2.6 billion Rand. The Vaal-based Emfuleni Local Municipality has agreed to pay Eskom 50-million Rand by yesterday, while the Merafong and RandWest municipalities are on the verge of an electricity debt crisis with a combined 732-million rand debt. Gauteng Co-operative Government MEC, Lebohang Maile, has met Eskom CEO Andre de Ruyter to discuss the electricity debt owed by Gauteng municipalities.

In today's Sunday Times Politics Weekly, the politics team discusses the appointments of new Eskom CEO Andre de Ruyter and DA interim leader John Steenhuisen. Both appointments raised concerns within the political arena around competency and transformation. For more episodes, click here. Chat to us on Twitter at #STPoliticsWeekly Subscribe: iono.fm | Spotify | Apple Podcast | Pocket Casts | Player.fm

The controversy around the appointment of the new Eskom CEO Andre de Ruyter has spilt over to Parliament. EFF MP Nazier Paulsen blames Public Enterprises Minister Pravin Gordhan- accusing him of being anti transformation. Paulsen was ruled out of order for not bringing a substantive motion for the allegations against Gordhan. He was kicked out of the National Assembly after he refused to withdraw. This came after International Relations and Co-operation Minister Naledi Pandor came to Gordhan's defence. Meanwhile The South African Energy Forum, comprised of experts from Energy, Civil Society and Business Community, has called on Public Enterprises Minister Pravin Gordhan to make public all documents and video interviews related to the interview and assessment process regarding the appointment of the new Eskom CEO. In an open letter to the Minister the forum has described the process, which ended in the appointment of Andre De Ruyter, as flawed and questionable. We spoke to The South African Energy Forum's spokesperson Lufuno Ratsiku...

In today's Sunday Times Politics Weekly, the politics team discusses the appointments of new Eskom CEO Andre de Ruyter and DA interim leader John Steenhuisen. Both appointments raised concerns within the political arena around competency and transformation. For more episodes, click here. Chat to us on Twitter at #STPoliticsWeekly Subscribe: iono.fm | Spotify | Apple Podcast | Pocket Casts | Player.fm