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Michael J. Mkwanazi Profile picture 1 subscribed
Apr 20, 2022 4 tweets 3 min read
@BrianMbm1 is a South African with experience in running large corporations successfully and with a track record at the power utility.
He understands the culture at Eskom and has the credentials to rescue not just the power utility but the country’s economy. #Eskom #Loadshedding Under De Ruyter Eskom’s losses increased several tens of billions. Corruption continues unabated; power stations that are in & out of commission, n in some cases – as reported @ Tutuka power station – fuel is stolen to tune of R100m per month. That equates to R1.2bn per annum.
Apr 19, 2022 6 tweets 3 min read
A look @koko_matshela tenure at Eskom {THREAD}

Joined Eskom in 1996 from UCT where he studied Bsc in Chemical Engineering. As Engineer-in-Training, he stationed @ Duvha power station in Mpumalanga.

Became boiler plant engineer manager n pressure parts engineer by 2000 at Duvha 2004 promoted to senior manager for Eskom's engineering enterprises division; 2009 became senior manager for the Generation Division.

He was also a chairman of the Asset Creation Programmes Committee, n his contribution to the field of engineering earned him global recognition.
Apr 19, 2022 5 tweets 3 min read
ONE QUESTION:- "who recommended this guy to be Eskom CEO with NO Engineering qualification; NO Energy sector experience?

We know it was Cyril who asked Zuma to appoint @BrianMbm1 Molefe, and we saw an end to #Loadshedding

But WHO put this guy there? {THREAD}
#Stage4 #Eskom De Ruyter is not a seasoned business person.

He has no glowing record at SASOL; and at Nampak were he committed a cardinal sin as CEO of destroying shareholder value. He took Nampak from a market cap of R29billion and dropped it to R5billion.

How do you hire such INCOMPETENCE?