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Gordhan slams De Ruyter as green globetrotter
The South African minister who oversees state power utility Eskom Holdings SOC Ltd. accused its former chief executive officer Andre de Ruyter of spending too much time promoting a transition to green energy and paying inadequate attention to fixing its broken coal-burning plants.
De Ruyter spent three turbulent years at the helm of Eskom, during which he struggled to end rolling blackouts that have crippled the economy or get its shaky finances back on track.
[Bloomberg]
The South African minister who oversees state power utility Eskom Holdings SOC Ltd. accused its former chief executive officer Andre de Ruyter of spending too much time promoting a transition to green energy and paying inadequate attention to fixing its broken coal-burning plants.
De Ruyter spent three turbulent years at the helm of Eskom, during which he struggled to end rolling blackouts that have crippled the economy or get its shaky finances back on track.
[Bloomberg]
