Say goodbye to Eskom as you know it

Former Eskom CEO André de Ruyter says the private sector will replace Eskom and take over electricity generation in South Africa.

Former Eskom CEO André de Ruyter said the private sector will replace Eskom and take over electricity generation in South Africa.

This means the private sector will be able to supply electricity to South Africa more efficiently and cheaply than Eskom currently does. Eskom will need to triple the capacity of its grid within the next decade, at a cost of over R100 billion, to allow new generation projects to come online. In January, De Ruyter told Nuuspod that the power utility will continue to shrink and transform into a transmission business.

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