News24OTR mphophalatse1: “We just came out of a coalition task team, and we will be issuing a statement soon on the way forward. But we will come out stronger than we were when we went into that council meeting.'
Basson jokes that De Ruyter should spend less time on Twitter. De Ruyter says he should"ignore the engineers who tweet".De Ruyter:"We can say that South Africa has the cheapest electricity in the world, as minister Lynne Brown said in parliament. But you borrow from the future. And we have borrowed R400 billion and we need cost effective tariffs in order to repay. So we were encouraged to hear that government is looking to inject a large amount of money into the system.
De Ruyter:"I think I have had many experiences which prepared me for the Eskom experience. At Nampak I knew how to work with a constrained balance sheet. I know how to turnaround businesses." He gives an example of his time at Sasol in Germany. Andre says it might be difficult at Eskom because it procures such unique things, and might just lead to further delays."As soon as you implement controls, inventive criminals will find very quickly ways around it."Basson asks De Ruyter whether he is confident in law enforcement to arrest the culprits at Eskom.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa: New Stringent Rules for Raw Meat Products -South African News Briefs - August 31, 2022
Read more »
Africa Live: South Africa court stops Shell from off-shore oil search - BBC NewsA South African court has revoked oil giant Shell’s permit to explore for off-shore oil and gas in the Wild Coast area of the country. More details here ➡️
Read more »
These are the two billionaires who fund the biggest political parties in South Africa | News24The largest donors to South Africa's two largest political parties are two billionaires: Michiel le Roux, who bankrolled the DA to the tune of R15 million, and Patrice Motsepe, who pumped R10 million into the cash-strapped ANC.
Read more »
BREAKING NEWS LIVE | Five killed after police plane crashes at Rand Airport | News24News24 brings you all the latest news alerts from across South Africa.
Read more »
BREAKING NEWS LIVE | Fist fight halts Mosiuoa Lekota’s press briefing | News24News24 brings you all the latest news alerts from across South Africa.
Read more »
BREAKING NEWS LIVE | Phala Phala investigation is not with NPA, says Lamola | News24News24 brings you all the latest news alerts from across South Africa.
Read more »