GORDHAN DEFENDS DE RUYTER’S APPOINTMENT
PUBLIC Enterprises Minister Pravin Gordhan yesterday defended the surprise appointment of Andre de Ruyter (pictured) as Eskom’s new chief executive and urged stakeholders to give him a chance to do his job. “He was the choice of the board,” Gordhan said when asked about suggestions that De Ruyter was a compromise candidate, chosen to keep labour and political factions happy. “Let’s get behind this individual and give him a chance to do his job.” The minister added that a rigorous selection process was followed to find a successor to Phakamani Hadebe, who left the loss-making power utility at the end of July, citing health concerns. De Ruyter comes to Eskom from Nampak and will have the task of overseeing a make-or-break restructuring to bring Eskom’s debt under control. Eskom has R441 billion in debt, and its inability to service it without successive bailouts from the government is seen as the biggest threat to the economy.
| African News Agency (ANA)