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Eskom

De Ruyter moves the needle

André de Ruyter is the first Eskom CEO in 15 years who has managed to reduce debt at the ailing state-owned power utility. Eskom’s debt has come down by R90 billion since he joined in January 2020. Some background: In 2005, Eskom was sitting at a debt of R30 billion; by 2020 that had ballooned …

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Ramaphosa’s big energy announcement explained

Self-generation is by far the quickest way to bring additional megawatts onto the grid and lobby groups have been hard at work to increase that threshold, as that really could be the magic bullet to help the country’s energy crisis.