Video: Eskom Status Quo and Insights Straight From the CEO

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Over a 30-year career, Eskom CEO André de Ruyter has plied his trade both locally and internationally in various portfolios in the energy space. He has significant experience in managing coal, oil, chemical and gas businesses, including marketing of export coal to international utilities and taking responsibility for the operations of very large coal and gas conversion plants, including electricity generation. De Ruyter’s experience and expertise cuts across a range of disciplines, including but not limited to: strategic leadership, commodities, sales, manufacturing and production, economic, finance and corporate structuring, legal and regulation, people management and socio-economic development, corporate knowledge, governance and risk management, and knowledge of global markets and business operations.

In this video with Chris Hattingh from the Free Market Foundation André unpacks the status quo at Eskom including clarification on the unbundling of the utility in to three separate entities namely; generation, transmission and distribution. While the three entities are already operating as separate units with dedicated boards, the legal lines between the three divisions are still in process of being drawn up. De Ruyter sees transmission to be fully spun out by the end of 2021 with the other two entities to follow in 2022.

Author: Bryan Groenendaal


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