South Africa: Questions Arise After New Eskom CEO Is Named

Medupi Power Station coal yard in 2014.
analysis

Eskom has a new CEO - Andre de Ruyter, who'll move from packaging company Nampak to the power utility from 15 January 2020. But when the long anticipated announcement came at around 5pm on Monday, it raised more questions than it answered.

After weeks of government spin that President Cyril Ramaphosa himself would announce the new Eskom group chief executive officer, in the end the news broke in a statement from Public Enterprises Minister Pravin Gordhan.

And it wasn't the widely speculated name of Andy Calitz, who had started his career at Eskom before joining Shell in 1996 and most recently was CEO of LNG Canada, a liquefied natural gas joint venture between Shell, PetroChina, Mitsubishi of Japan and the Korean Gas Corporation.

Nor was it one of the other names in the top three that had circulated publicly without correction by government.

The other much-touted names were former Eskom boss Jacob Moroga and ex-Eskom group capital executive Dan Marokane, who was one of the four senior officials alongside then Eskom CEO Tshediso Matona suspended in March 2015 by then public enterprises minister Lynne Brown in what later emerged was a State Capture-related play. All four were subsequently cleared in...

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