Tag: eskom unbundling

What lies ahead for new Eskom CEO?

The announcement of Nampak CEO Andre de Ruyter as the new Eskom CEO saw yields on Eskom’s 2021 dollar bonds jumped the most in more than three months. The appointment of De Ruyter’s sent shockwaves through the market with many analyst concerned that Eskom’s challenges may be too big for him to fix. Rashaad Tayob, Fund Manager at Abax Investments joins CNBC Africa for more.

NUM fires first salvo at new Eskom boss

The National Union of Mineworkers has said that they will work with the new CEO Andre De Ruyter but only if he could stop the unbundling of the power utility. NUM President, Joseph Montisetse joins CNBC Africa for more.