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André de Ruyter resigns as Eskom CEO

Moneyweb has confirmed that André de Ruyter has resigned as CEO of state power utility Eskom, amid SA’s worsening power supply crisis and fragile electricity grid.

According to a News24 report, De Ruyter informed Eskom’s chairperson Mpho Makwana about his resignation earlier this week; Makwana then relayed the information to Minister of Public Enterprises Pravin Gordhan.

De Ruyter, who was appointed CEO of Eskom in December 2019, threatened to resign early on in his stint at the power utility.

His resignation follows an attack on Eskom last week by Mineral Resources and Energy Minister Gwede Mantashe, who said the power utility was attempting to overthrow the government by failing to end load shedding, which first started over 15 years ago.

Mantashe said Eskom was “actively agitating for the overthrow of the state” with continued implementation of load shedding.

Before joining Eskom, De Ruyter had a 30-year career spanning across various sectors both locally and internationally, as well as in various roles in the energy industry. He has experience in the management of coal, oil, chemical and gas business.

His departure puts further pressure on Eskom, which has already seen a slew of top talent leave and has been struggling with a dearth of much-needed critical skills such as energy generation.

Attempts to reach De Ruyter and Eskom spokesperson Sikonathi Mantshantsha were unsuccessful.

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