President Cyril Ramaphosa has hailed the appointment of outgoing Nampak CEO Andre de Ruyter as the new Eskom group CEO, saying it was a move to bring stability to the troubled power utility.
“The Eskom board, working together with the government, continues to pursue turnaround plans to address its huge debt, its liquidity problems and operations challenges,” Ramaphosa said.
The BBC this week congratulated De Ruyter on his appointment, while some trade unions dubbed it as anti-transformative. “As representatives of black business, you have a central role to play in the national effort to change the structure of our economy to ensure that it is representative, inclusive and benefits all our people,” he said.
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