South Africa’s troubled power utility is being reset: CEO sets out how

André de Ruyter: It is indeed correct that Eskom cannot rely on the government bailout forever. We are well aware that we are not entitled to a cent of taxpayers’ money. That is why Eskom has embarked on the reforms and corporate savings so it can achieve operational and financial stability in a short space of time. That is the reason we have aggressively tackled procurement corruption, operational inefficiencies and cost-cutting across the board through prudent management of resources and a reduction in headcount. These we can do internally, they are within Eskom’s scope of activity.