South Africa to pick Marokane as CEO of utility Eskom -Bloomberg

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South Africa's Eskom says power cuts could increase to higher level

Eskom’s logo is seen at the Megawatt Park in Sunninghill, South Africa, May 18, 2023. REUTERS/ Siphiwe Sibeko/File Photo Acquire Licensing Rights

JOHANNESBURG, Dec 7 (Reuters) – South Africa is expected to appoint Dan Marokane as Chief Executive of struggling state power utility Eskom, Bloomberg News reported on Thursday, citing unnamed sources.

Spokespeople for Eskom and the Department of Public Enterprises, the government department that oversees the power company, declined to comment on the Bloomberg report.

Eskom has been without a permanent CEO since Andre de Ruyter left in February.

Marokane is currently acting CEO at sugar producer Tongaat Hulett (TONJ.J). He previously served as an executive at Eskom.

Eskom has struggled to keep the lights on in Africa’s most industrialised economy for more than a decade.

This year it has implemented the worst power cuts on record, leaving households and businesses without electricity for up to 10 hours a day.

Reporting by Harshita Meenaktshi in Bengaluru and Bhargav Acharya in Johannesburg
Editing by David Goodman and Alexander Winning

Our Standards: The Thomson Reuters Trust Principles.

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