https://www.miningweekly.com

Eskom’s chairperson says management to get ‘benefit of the doubt’

4th October 2022

By: Bloomberg

  

Font size: - +

Eskom Holdings' new chairperson Mpho Makwana said the board isn’t planning any immediate changes to management and will take between 30 and 60 days to assess the company’s power plants.

Makwana, who was appointed along with almost all of the board this month, said the plants’ performance will be looked at to see what needs to be done to make them operational at an average of 75% of the time, a target set by Public Enterprises Minister Pravin Gordhan. Currently their so-called electricity availability factor, a measure of when they can produce electricity, is less than 60%.

“We have to assume office and give the existing team the benefit of the doubt,” he said in an interview with Newzroom Afrika, a Johannesburg-based television channel. CEO Andre de Ruyter’s “heart is in the right place. We have to applaud him and support him for as long as he is group CEO.”

South Africa has suffered its worst ever blackouts this month as Eskom’s plants keep breaking down.

Edited by Bloomberg

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sweet-Orr
Sweet-Orr

Sweet-Orr, established in 1871, is a global leader in superior protective workwear, known for quality, innovation, and performance.

VISIT SHOWROOM 
ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.047 0.908s - 110pq - 2rq
Subscribe Now