Here is some of mess that Andre de Ruyter has to try and fix:
Andre de Ruyter has been appointed chief executive of Eskom, and he faces many big challenges when he starts work at the state-owned entity next year.De Ruyter, who is the CEO of packaging group Nampak, will take over from Phakamani Hadebe, who resigned earlier this year, on January 15, 2020.
Saving the business is a key goal of the government, which is sustaining Eskom with R138bn worth of bailouts over the next three years alone. Earlier this year, finance minister Tito Mboweni allocated R23bn a year over the next three years to Eskom. The rescue plan includes a further R23bn for the seven years after that, which is part of the government’s long-term borrowing plans.
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