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South Africa power firm appoints new CEO - Asmara Post


South Africa’s state power firm Eskom has appointed a new chief executive after the exit of the former head following an interview where he accused the ruling party of corruption.

In a statement, the company announced the appointment of chief financial officer Calib Cassim “with immediate effect” as the interim CEO to replace André de Ruyter.

“Mr Cassim will lead the Eskom management team until further notice,” it said.

In the damning interview with a local TV station, Mr De Ruyter, who was due to leave in a month’s time, accused the ANC party of using Eskom as a “feeding trough”.

He also alleged that unnamed senior government officials, including a minister, were benefitting from coal deals at the utility.

The party has dismissed the accusations.

Getty Images

His comments seemed to have to led to his early departure.

South Africa has been enduring up to 12 hours of scheduled power cuts in recent days amid a power crisis in the country.

Source : Business Ghana

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