Eskom’s new CEO is not overly troubled by the prospect of shareholder intrusion in the State-owned electricity utility, saying that a high level of shareholder scrutiny is to be expected given the current crisis at the organisation. The only way to ensure that the shareholder does not assert its authority, Andre de Ruyter adds, is to deliver results in line with its expectations. “In any business, whether it’s public or private, when the business is not performing, you can expect significantly enhanced shareholder scrutiny – that’s not unusual,” De Ruyter told Engineering News & Mining Weekly in an interview.
