Auto Added by WPeMatico
André de Ruyter’s warning that criminals used car dealerships to hide luxury cars was proven true.
Former Eskom CEO André de Ruyter’s warnings about Eskom’s financial collapse and the threat of grid defection are slowly becoming a reality in South Africa.
Former Eskom CEO André de Ruyter predicted that Eskom would lose its revenue base, and now African countries it supplies to are turning towards their own renewable energy generation with billions in investments.
Former Eskom CEO André de Ruyter’s prediction that South Africa’s energy landscape would change rapidly with the deregulation of the energy market has become a reality.
Eskom said that it now deploys aerial drones to inspect power lines across the country to crack down on faults and save costs.
Eskom officials at the Kusile and Matla power stations signed off on contracts that priced relays at R50,000 each, even though the market price ranged from R180 to R450.
Former Andre de Ruyter has warned that Eskom is fully aware that South Africa is heading toward a crisis unless urgent action is taken—and the time to act is now.
André de Ruyter holds firm that there were politically connected criminals within Eskom and that the power utility was plundered through politically sponsored corruption.
André de Ruyter said he was in the fortunate position where he could “toss a hand grenade over his shoulder” as he left Eskom.
There appears to be a disconnect between President Cyril Ramaphosa and electricity minister Kgosientsho Ramokgopa.