Friday, July 3, 2026
  • Login
The Southern African Times
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Business Business

CEO of South Africa’s utility Eskom to leave with immediate effect

by SAT Reporter
February 23, 2023
in Business
0
CEO of South Africa’s utility Eskom to leave with immediate effect

Andre de Ruyter, the chief executive of South Africa’s state power utility Eskom, will leave the company with immediate effect, Eskom said on Wednesday.

Eskom said in a statement that the decision was taken following a special meeting between the company’s board and de Ruyter.

“The board… resolved that… he will be released from his position with immediate effect,” it said.

ADVERTISEMENT

De Ruyter had already resigned from the struggling utility in December, but had agreed to stay on the job till March 31 as the utility tried to find a replacement.

Debt-saddled Eskom has struggled for years to meet electricity demand in South Africa, leading to public frustration, damaging businesses and prompting calls for resignations at the company.

It is currently implementing the worst level of power cuts the country has yet seen.

Earlier on Wednesday, the South African government said it plans to take on more than half of Eskom’s 423 billion rand ($23 billion) debt over the next three years to help strengthen its balance sheet and operations and enable it to restructure.

Previous Post

France’s NGE announces deal to build 330km of high-speed trainline in Egypt

Next Post

Eskom appoints Calib Cassim as acting CEO

SAT Reporter

Related Posts

Pick n Pay Raises R4.7bn from Boxer Stake Sale to Fund Turnaround
Business

Pick n Pay Raises R4.7bn from Boxer Stake Sale to Fund Turnaround

by SAT Reporter
May 19, 2026
Uganda Grants Starlink Licence in Boost to Internet Competition
Business

Uganda Grants Starlink Licence in Boost to Internet Competition

by SAT Reporter
May 16, 2026
Ericsson Appoints Siseko Ngxola to Lead South African Operations
Telecommunications

Ericsson Appoints Siseko Ngxola to Lead South African Operations

by SAT Reporter
March 25, 2026
Global Investors and Policymakers Convene in London for Africa Investment Summit 2026
Business

Global Investors and Policymakers Convene in London for Africa Investment Summit 2026

by SAT Reporter
March 16, 2026
Tongaat Hulett Faces Crucial Liquidation Battle
Business

Tongaat Hulett Faces Crucial Liquidation Battle

by SAT Reporter
March 2, 2026
Next Post
Eskom appoints Calib Cassim as acting CEO

Eskom appoints Calib Cassim as acting CEO

Browse by Category

  • Africa AI
  • African Continental Free Trade Area
  • African Debt
  • African Start ups
  • Agriculture
  • AI Africa
  • Algeria
  • All News
  • Analysis
  • Angola
  • Arts / Culture
  • Asia
  • Botswana
  • BOTSWANA
  • BREAKING NEWS
  • BRICS
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Business Wire
  • Cameroon
  • Central Africa
  • Chad
  • China
  • Climate Change
  • Climate Changev
  • Community
  • Congo Republic
  • Conservation
  • Côte d’Ivoire
  • COVID 19
  • CRYPTOCURRENCY
  • Culture
  • Democratic Republic of Congo
  • Diplomacy
  • Eastern Africa
  • Economic Development
  • Economy
  • Education
  • Egypt
  • Elections 2024
  • Energy
  • Entertainment
  • Environment
  • Eritrea
  • Ethiopia
  • Europe
  • Fashion
  • Feature
  • Finance
  • Financial Inclusion
  • Food
  • Food and Drink
  • Foods
  • GABON
  • Ghana
  • Global
  • Global Africa
  • Guinea
  • Health
  • Humanitarian Aid
  • Immigration
  • in Southern Africa
  • International news
  • International Relations
  • Investment
  • Ivory Coast
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Literature
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Mauritius
  • Middle East
  • Mining in Africa
  • Morocco
  • Mozambique
  • Namibia
  • Niger
  • niger
  • Nigeria
  • North Africa
  • North-Eastern Africa
  • Obituaries
  • Obituary
  • Opinion
  • PARTNER CONTENT
  • Politics
  • Property
  • Racism
  • Rwanda
  • Rwanda
  • SADC
  • SAT Interviews
  • SAT Investigation
  • SAT Jobs
  • Saudi Arabia
  • Senegal
  • Seychelles
  • Somaliland
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Sudan
  • Sustainability
  • Sustainablity
  • Tanzania
  • Technology
  • Telecommunications
  • The Editorial Board
  • The Power Of She
  • Togo
  • Trade
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • Wealth
  • West Africa
  • World
  • World
  • Zambia
  • ZAMBIA
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

#NewsUpdate #SouthAfrica #SouthernAfricanTimes #TheSouthernAfricanTimes AfCFTA africa African Continental Free Trade Area African development African Development Bank African economies African economy African Union Agriculture Angola Botswana China Climate change critical minerals Cyril Ramaphosa Economic Development economic growth energy transition governance industrialisation Inflation Infrastructure Infrastructure Development International relations Investment Kenya Mozambique Namibia news Nigeria Regional Integration renewable energy Rwanda SADC South Africa Southern Africa sustainable development Tanzania United States Zambia Zimbabwe
ADVERTISEMENT

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Technology
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • SAT Jobs
    • Events
  • About Us
    • Advertise with Us
    • Contact Us
Not enough quota to unlock this post
Unlock left : 0
Are you sure want to cancel subscription?