De Ruyter resigned from Eskom this week, deciding to end his tenure as the utility's group chief executive days before he would have marked three years at the ...
[Africa](/topic/africa). He previously held the position of acting CEO after the departure of Jacob Maroga, in 2009. Both [power](/topic/power) stations are years behind and nearly double over budget, at completion cost of more than R300 billion, with Kusile yet to be completed. He has promised to bring down the price of electricity, while committing Eskom to dramatically improve the performance of the company’s creaking [Resources](/topic/resources) and [Energy](/topic/energy) to ensure additional capacity in the interim, as well as massive delays in the signing of Independent [Power](/topic/power) Producer agreements, has added fuel to the [fire](/topic/fire). He was reappointed to the board and installed as chairperson in October this year.
The chairman has also reportedly informed public enterprises minister Pravin Gordhan of De Ruyter's resignation. At the time of publication, it was unclear who ...
“De Ruyter stood on the oxygen line feeding corruption. I wish all the hard-working people of Eskom well,” De Ruyter said. “The wrong person resigned,” Mulder said. I also thank De Ruyter’s family for supporting the Group Chief Executive during the tumultuous period.” His last day at Eskom will be 31 March 2023,” Makwana said in a statement. “The political dispensation is an obstacle for Eskom’s turnaround, and it is political heads that must roll.” “Instead of doing the right thing, the politicians sacrificed De Ruyter for the sake of their politics,” Mulder said. “The current government and the ministers involved do not have the ability to bring about the political changes that are required.” “The best person in the country can be appointed to the position, but the current political dispensation makes it an impossible task for the person.” “On behalf of the Eskom Board, executive and the entire Eskom staff, I thank De Ruyter for his extraordinary service to the people of South Africa. “The problem at Eskom is not the CEO’s operational will but the government’s political will.” The precarious situation has led to calls for De Ruyter to be sacked.
André de Ruyter has resigned as the group chief executive of Eskom as load shedding continues to grip the country. Follow News24 for the latest news, ...
- Kyle Cowan The last minute delay to the start of the briefing, meant to start at 13:00 and now pushed by 30 minutes, and the removal of Gordhan and De Ruyter's name cards from the table may indicate some last-minute negotiations. It appears that De Ruyter is not even out of the door yet but we have returned to the days of his predecessors, where briefings started late, and there was a general distrust and often, disdain, for the media. Makwana is now talking in Trumpian terms about "LEGA" - Let's make Eskom great again. The media present is a bit shocked that the entire briefing is being held online on a projector in the room. This is dangerous thinking - there is no short-term solution that does not make Eskom's performance over the longer term more tenuous. Makwana says he accepted the resignation, and De Ruyter "allowed" him to "embark on a consultative process". He is not in the room with the media. He starts with an undertaking that the fight against organised corruption and crime in Mpumalanga, will not be affected by De Ruyter's departure. He is of course, a minister in government with the way to ensure his colleague, energy minister Gwede Mantashe, does exactly that. The honest people in Eskom now need to stand up and take the fight to the corrupt so that Eskom returns to its prideful place among SOEs. Makwana is the board chairperson who still refuses to defend De Ruyter.
André de Ruyter has resigned as CEO of state power utility Eskom amid South Africa's worsening power supply crisis and fragile electricity grid News24 ...
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Embattled power utility CEO, Andre de Ruyter, has reportedly tendered his resignation as the country is in the grip of severe load-shedding.
They were planning to make it public tomorrow but someone leaked the news," one source close to De Ruyter said. Attempts to reach both De Rutyer and Eskom spokesperson Sikonathi Mantshantsha were not successful. Two reliable sources close to De Ruyter confirmed to TimesLIVE on Wednesday that the Eskom CEO had resigned.
According to News24 it is the lack of support from President Cyril Ramaphosa and the Minister of Finance of South Africa Pravin Gordhan that led to Ruyter's ...
Jan Oberholzer, De Ruyter’s number two and the chief operating officer, will also retire in April 2023.” Also read:
Eskom Group Chief Executive Officer Andre de Ruyter reportedly resigned from the power utility, according to reports.
The second-in-command, Chief Operating Officer, Jan Oberholzer, is expected to retire in April 2023. “This is not Eskom’s fault, it’s Makwana in turn informed Public Enterprises Minister Pravin Gordhan.
News24 understands that he notified board chairperson Mpho Makwana of his decision earlier in the week. Makwana has also informed Public Enterprises Minister ...
[actively agitating for the overthrow of the state](https://www.news24.com/fin24/economy/mantashe-eskom-agitates-for-overthrow-of-the-state-by-not-dealing-with-load-shedding-20221208)". Jan Oberholzer, De Ruyter’s number two and the chief operating officer, will also retire in April 2023. The government has, however, dragged its feet to install additional generation capacity. They also did not offer [support to De Ruyter and his management.](https://www.news24.com/fin24/economy/business-shows-support-for-eskom-leadership-amid-load-shedding-crisis-20221209) Eskom has repeatedly said that the dire state of its aging coal fleet means that breakdowns will increase, and that maintenance cannot be postponed. - The chairperson of the Eskom board has already been informed of André de Ruyter's decision.
De Ruyter's resignation comes at a time when South Africans are moving between Stage 5 and Stage 6 power cuts.
"We've never seen these levels of load shedding and I know that people will say it's a history. ND' EWN Reporter (@ewnreporter) EWN understands that a statement will be issued soon.
The sources, independent of each other, say De Ruyter informed Eskom board chair Mpho Makwana of his decision earlier this week.
Email [email protected] or call 0860 52 52 00. At the helm for three years, De Ruyter will remain in the role until the end of March 2023 while the board led by Mpho Makwana conducts a search for the new leader of the company... Of the seven players brought on at the end of extra time in the World Cup or Euros, all missed
Many South Africans will be heaving a sigh of relief as the country faces one of the worst energy crisis with 8 to 10-hour power cuts daily.
Instead, it is led by politicians and accountants and they are trying to understand the logic of Eskom.” “Eskom is an engineering-cum-economic behemoth. The former head of Statistics South Africa Dr Pali Lehohla said De Ruyter should have be [load shedding](https://www.iol.co.za/tags/loadshedding), with some analysts expressing concern that the country [could soon experience Stage 8](https://www.iol.co.za/news/south-africa/kwazulu-natal/only-god-can-save-us-says-energy-expert-ted-blom-as-he-tells-mzansi-to-brace-for-stage-8-load-shedding-c2483c24-1048-4b0f-bf11-5170a63e4845) load shedding. Media reports now suggest De Ruyter informed the Eskom board of his decision to resign on Wednesday. “I’m told Eskom CEO Andre De Ruyter will be removed today as he failed to solve the energy crisis.”
Andre de Ruyter quit as chief executive officer of Eskom Holdings SOC Ltd., leaving the South African state power utility facing a potential leadership ...
“His last day at Eskom will be 31 March 2023,” Eskom board chairperson Mpho Makwana said in a statement. In remarks contained in the same statement, De Ruyter ...
I wish all the hardworking people of Eskom well.” The Eskom board said there was no plan for “His last day at Eskom will be 31 March 2023,” Eskom board chairperson Mpho Makwana said in a statement.
There have been mixed reactions to André de Ruyter's resignation. Earlier today news broke that the Eskom CEO had tendered his resignation.
Expect things to worsen!— Chris Maroleng (@ChrisMaroleng) The resignation of Eskom CEO Andre De Ruyter has pushed RSA’s energy crisis to an unprecedented low point! The one man standing between greedy cadres and fixing Eskom pushed out to appease the ANC.— John Steenhuisen MP (@jsteenhuisen) [@Eskom_SA]- the clue to the escalation in loadshedding since 2018 lies in the preceding two years when maintenance was inadequate the the utility's debt rocketed. When forced to choose between the ANC & SA, Ramaphosa again shows his hand.— Dean Macpherson MP (@DeanMacpherson) “His resignation is a major blow for Eskom and the efforts to address the energy crisis we are facing on an ongoing basis.
As he faced down sabotage, a week of savage attacks by the Mineral Resources and Energy Minister Gwede Mantashe and a grid in freefall on his own, ...
But with hostile politics and a constant hostile refrain to his race, he has thrown in the towel. He came to Eskom as a Mr Fixit with a history of turning around failing companies. The story has been a constant of his nearly three years at Eskom, and he has had enough. 2022 has been the worst year on record for power cuts in South Africa and what the chart reveals is that every time De Ruyter and his team took a step-change forward, the saboteurs struck. De Ruyter clicked a long time ago that South Africa’s future lies with a radically mixed energy portfolio with renewable energy playing a big role. The former Nampak executive has had a storied career with energy experience at Sasol and took the job as an act of national service in January 2020 and as a critical plank of Ramaphosa’s reform agenda. [World Bank granted SA](https://www.eskom.co.za/world-bank-approves-r9-billion-concessional-loan-facility-for-komati-power-station-repurposing-and-just-energy-transition/) a concessional loan to fund the transition from coal to clean fuels. The right-hand side of the chart shows what he was up against. De Ruyter had begun the transition, as the graphic shows. [a “policeman”](https://www.news24.com/news24/politics/political-parties/policeman-de-ruyter-wont-fix-eskoms-problems-mantashe-20221129-2) who did not have what it took to run the utility. In November, he called De Ruyter State Enterprises Minister Pravin Gordhan was not nominated to the ANC NEC and is politically weakened, so he said nothing, too,
The longest serving CEO of the last 11 to hold the position, Eskom Group Chief Executive Andre de Ruyter has resigned.
“Our deepest concern has been the distinct lack of urgency and leadership on this matter that is critical to this province’s livelihood. The utility currently has 6,618MW on planned maintenance with another 15,996MW of capacity unavailable due to breakdowns. However, he lacked the critical government support to resolve these issues. I also thank de Ruyter’s family for supporting the Group Chief Executive during the tumultuous period,” said Makwana. Stage 6 hit the country again in late September and it has vacillated between 6 and 2 ever since. Eskom Group Chief Executive André de Ruyter resigned yesterday (Wednesday).
EFF's Sinawo Thambo insisted De Ruyter did not qualify for the job, and he must leave now without any negotiated settlement or golden handshake.
I wish all the hard-working people of Eskom well," said De Ruyter. “We further call for the immediate resignation of Eskom COO Jan Oberholzer. “The EFF demands that De Ruyter resign without any negotiated settlement or handshake, and furthermore he must resign now, not in March 2023.
André de Ruyter, Eskom CEO, has handed in his resignation letter to the board of the power utility. The news follows a particularly bad bout of load ...
energy is always used as a factor that attracts investment into the economy.” DM If it is not addressed, then the state will be failing to do what it needs to do … Makwana is expected to take over from De Ruyter while a replacement is sought. The year 2022 has also seen the worst levels of load shedding. The news follows a particularly bad bout of load shedding and escalating attacks from Minerals and Energy Minister Gwede Mantashe, among others. Create a password to finish up registering with us:
His comments on Thursday came against a background of comments by mineral resources and energy minister Gwede Mantashe that Eskom was guilty of sabotage and ...
He said the damage was not severe or structural, but could not give a date for the return to service of the unit. Gordhan said De Ruyter had made a remarkable difference and given his all to Eskom but more needed to be done to improve the utility’s performance. Questioned about Mantashe’s comments, Gordhan replied with an “emphatic no” that he regarded De Ruyter as a traitor and guilty of trying to overthrow the state. “It has been an absolute honour and a privilege to lead an organisation of the size and importance of Eskom. He stressed that he was not abandoning ship as he intended to stay on until the end of March whereas his contractual notice period is only two months. That support was “absolutely critical to enabling the success of Eskom going forward.”
JOHANNESBURG - Outgoing Eskom CEO André de Ruyter spoke for the first time following his resignation from the power utility on 14 December 2022.