André de Ruyter: More Truth to Power
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- čas přidán 20. 06. 2024
- No-one shone a brighter light on the corruption at ESKOM than former CEO André de Ruyter who had to leave South Africa for his own safety. Speaking to BizNews from the United States, he says the corruption at ESKOM continues “by and large unabated” - enabled by the procurement policy in government departments and State-owned entities - and will come to an end only once some of the ringleaders are arrested and properly investigated. He dissects the Government's latest draft Integrated Resource Plan (IRP), and warns that South Africa will find itself “increasingly isolated from an export perspective” if it does not speed up its decarbonisation efforts. However, he believes South Africa’s problems are solvable with “appropriate political leadership” and policies that attract foreign direct investment that will create jobs and economic growth, and ultimately counteract the “prevailing African stereotype of failure, economic failure and corruption”. De Ruyter also shares his future plans - including his hopes to return home - and reveals the subject of his possible next book. - Chris Steyn
Video production by Frances Hamman
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Timestamps
00:00 - Introduction
00:30 - What has been done to curb corruption at Eskom?
06:30 - Output of the coal fleet
08:59 - Prospects for generating new capacity
13:14 - Implications for SA if it doesn’t speed up decarbonation efforts
15:08 - His future plans
16:15 - Possibility of another book
19:20 - His wishes for South Africa
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This humble honest man can only be respected!.
The voice of truth.
❤❤❤
Huge respect, Andre.
Wish you all the best Andre
This gentleman is so well spoken and he has a copious amount of knowledge. I wish him all the best for the future.
Wonderful to listen to you again Andrè!...and to see you.
Pleased to know you and yours are good.
Blessings to you and your family.
Thank you Chris, blessings to you!
A true professional,a true patriot of Africa, great human, loves his country and people.
Your book was , Truth to power, showed solutions for our economy. Great read.
Well written, easy to read.
Incompetent CEO, who also crashed Nampak... pathetic.
@@katlegomoatshe1312 that so? Tell us more 😂
@@errerrerr When De Ruyter was appointed Nampak CEO in March 2014, the share price traded at R37 a share with a market cap of R29 billion. When he left the company at the end of 2019, the share price had plummeted to well below R7 a share with a market cap of R5 billion.
@@katlegomoatshe1312 even IF that's true, do you really think it's all down to one man? That's like saying SA is fcked because of Ramaphosa. Consider a bigger picture that includes a massive connection of cartels functioning with immunity for many many years within government & maybe it will widen your perspective.
@@errerrerr You missing the point brother, I never said white people I said he is incompetent and he has a history of it. How did Brian Dames and Molefe keep the lights on 😀
Well done Andre.
That book made me change my vote
To who?
Andre, you made a difference. Thank you for speaking up.
Andre, you made a difference. Thank you for speaking up
You are allowed to be optimistic, I am with you. This is an amazing country with amazing people. The majority have to simply start trusting one other. Yes, the far left and right will probably never get there, but could if the middle 80% can get it right. Respect and humility can take us to great heights if the will is there. All the best, Andre. Enjoy this season you are in.
South Africa does have a brighter future. Solution = #VoetsekANC
André is the first official refugee from Democratic South Africa. The Afrikaans word 'vlugteling' says it accurately.
He's most certainly not the first.
There's also the brave Patricia Mashale who had to go into hiding. Babita Deokaran did not get the opportunity to flee. Political killings in KZN probably will also add to these stats.
What loss to S A. How sad that the criminals have succeeded in making this high calibre man an exile when he could make such a difference here
What a shame the criminals were all let out of jail 30 years ago in the first place. They were all where they belonged.
@@mrtoothlessThey were classed as terrorist's by the FBI for a reason. That's probably why they have such an affiliation to Hamas. I also saw recently a Palestinian saying that their not "terrorist's". They are "Liberation" fighters. Now where have I heard that before? Oh that's right, I remember the same thing back in 2008 when Nelson Mandela was taken off the FBI terrorist watch list!
@@user-ux5od5ik9p Apartheid is not coming back. The sooner you reconcile with this reality, the better.
@@vincymoe85 Shame🪳🕸🐛🦊
@@vincymoe85 You are correct in saying that its not coming back but it was better days for all. I'm sure we can have a better government than the thieving ANC
Thank you for your contribution to bringing about a better future for South Africa @AndreDeRuyter
Hi André, From my personal experience during the 45 years I devoted to Eskom, it needs to be said that by keeping up with the required maintence, plant performance could have been kept at an acceptable level, say eaf 75 to 80%. However due political pressure to keep the lights on and cutting costs every year lead to the demise. If I think of all the repairs and replacements that were cancelled or deleted from the technical plans, it was surprising that the plant stll performed as it did. When managers override corporate engineering specialists advice and reports in favour of getting brownie points for saving money on their performance evaluation then there is no hope. Why would good seasoned engineers stay if they get ignored but then get nailed for plant breakdowns that they predicted and reported on. I certainly could not continue in this manner. Thanks for speaking out!
Is there hope though of fixing the current issues with power supply to the country, if so how much would it cost and how long would it take?
@@mfushmhlongo5338 As far as i heard 20 years
Awesome interview. Good to hear from Andre.
Good honest man! All the best.
How does someone like Pravin Gordhan just throw their reputation and legacy into the dustbin so willfully. Flip guys let's vote and don't be fooled, every X counts 👍🇿🇦
Good to see Andre, thankful that he save
How can you not listen to this Legend? He have so much knowledge to improve!
Such an awesome man. He has such gravitas. He's also a gentleman. Someone that SA could learn so much from.
Yet he sits on the other side of the world.
All those ostriches in government and in high places need to wake up!
Listen!
❤God bless,i am a south african.u r a hero.
The problem is what, he hates and wanted to root it out is exactly what the ANC thrives of!
Thank you Andre
Thank you, Andre, for your service to South Africa 🇿🇦
A new minister of energy may be a good place to start, followed by a brand-new government. The current government may go down in history as a big gangster enterprise.
Great respect for this man.
May he and his family always be safe and Blessed. Good read… and very revealing!
Disgusting that not much is still being done about the corruption even after it’s been exposed.
Would love patriotic citizens like him to return though not just yet until he and his family are super safe
All the best to them in the interim!
Anc must be jailed
Very insightful and informative interview, i enjoyed listening and most certainly inspired. Thank you Patriot Andre 🇿🇦. Thank you Biz News
not with the current Government but what a beautiful country to live in and thank you ❤
Too bad for you.
I wish he addresses the poverty mentality in Government, uneducated democracy can't work. BEE must go
No country can afford to let inequality just soars. It's financial suicide - not to speak abt the horrific unemployment + corruption rate. More + more laws get passed on the surface to 'redistribute property' but it's main aim is to put 10's of 1,000's if not 100,000's more ppl out of jobs. Add eskom demolishing the manufacturing sector, international investors leaving SA in droves + SA's pathetic economic growth comparing to the rest of subsaharan Africa and it's difficult to believe that there are any ppl left in the anc to make competent, honest + informed decisions?
Yes bee must go why do I have to give your ideas to a pos that wants it for free,so to those who wants everything for free pls fckoff
Salute to you Sir, thank you for your interest and care, the only successful outcome would be to rid ourselves of the anc which would result in normality in terms of the law taking it's natural course!!!
Thank you Andre 🤙
We need a new government and NOT AN ANC OR EFF LED Government...wishful thinking at this stage...
There won’t be a DA lead anything in South Africa. The EFF is the best solution for us now.
@@noxolotshabangu8055I feel sorry for your children
By the time these oaks wake up it will be 50 years too late, and im being generous here. The ANC and supporters are busy destroying everything in this country unabated.
@@noxolotshabangu8055 Your children will likely draw and quarter you
@@intellifly747 Wow how presumptuous… I you wyte people can’t help yourselves. Keep your sorry ass feelings for yourself, I have no children for you to worry about, even if I did have, they would be better off in a future without the DA.
Good to see you well and happy Andrè. My view on dire situations have always been that everything can be fixed with the right knowledge and commitment, except terminal illness or death. South Africa is totally salvageable. Looking forward to welcoming you back!
What a fantastic leader who was squashed out by the ANC gangster state for cutting off the FEEDING troughs to cadres and gangsters!
Come now. Let us all vote for someone we can trust. It is so easy.
Medupi and Kusili is not old and they perform worse than the old ones..why
ANC GANGSTERS
Built by the Chinese
@@albertvanlingen7590 Built by South Africans but parts came from multiple countries (China Russia India etc) so some parts didn’t fit with each other. I call it ANC mechanics.
Incorrect design of the boilers. Not suited to the coal it is fed. Plus all the above..
@@heinvosloo45 so in short..corruption
Vote for a party that will do good for South Africa. At the moment the future of our children look very very bleak . There are o JOBS . If there is no jobs , there is no future .
I think if the ANC doesn’t listen to him they’ll probably end up at lower than 50% of the vote.
Sending Blessings for you and your entire family 🌄👏
Thank you for this great message.👍👏👏👏
Ahem.. how can criminals investigate or arrest themselves because they are everywhere...the can of worms needs to be opened. But nobody in authority has the guts to do that...They are all gatgabbas for each other...
I’m reading his book, one of the best written “testimony”.
According to your last report regarding 1.3 trillion we have overpaid, we could have built 6 to 7 Nuclear Stations for this price! Why are we not kicking up a storm here????
To nuclear? No thanks. Actually hell no.
@@Speed-shooter Well, they are going to do it anyway. By 2030 SA plan to build 6 to 7 Nuclear stations to a cost of R1 trillion. So, we would have overpaid 1.3 trillion and yet they are still R460 billion in debt and then they are suddenly going to find another R1 trillion?? This is why i am asking the question and making a statement, we have overpaid the same amount they WILL spend soon. So, that money could have been used in the first place instead of disappearing! There should be major investigations into this!
@@MOTIVATIONENFORCER don’t get me wrong about nuclear and it’s benefits. If it’s run by Germans or Americans, actually anyone but us. This government can’t run a bath without it being stolen or broken. This isn’t a railway line that just stops. This isn’t the lights go out. This goes wrong it’s scorched land for hundreds of years. Would you put your life in the hands of the anc?
With all the wasted, stolen, corrupted goings on South Africa could have built new generators. [Just within Eskom]
And the biggest beneficiaries from Eskom are who? Wyte companies.
An old placard of a political party read " vang hulle en hang hulle"
It is time that the good triumphs over evil.We just need the opposition to stop attacking the ANC and focus on telling the voters how they are going to fix SA.
There’s no DA that will govern South Africa. Forget about it. We need to EFF to win and lead. It’s simple.
@@noxolotshabangu8055 The Ebony Freedom Front will only lead us down the same path of race based fascism that created this country's problems in the first place. There is only one solution and that is for ALL South Africans to work together to build a better future. Fascists will always pretend to offer an easy solution to complex problems but history has proved that their solutions are temporary and unsustainable...
@@noxolotshabangu8055 first learn to string a sentence together, then stop thinking through your backside and then maybe you will wake up and smell the roses.
@@BobyourUncle We can’t work with land thieves who never so much as apologised for the role they played in the subjugation of dozens of our ancestors. Our struggle was always about the land and if you don’t recognise that simple fact and return the land you are giving birth to many more EFFs and BLFs. I’ve got no pity or feeling for your people, they must redeem themselves and their past by apologising and returning the land. Simple. How do you reconcile with people who deny their own past? Get real wyte man.
@@noxolotshabangu8055 How about a little thought experiment? Let's pretend that "land theft" was a thing in the mid 1800's in terms of international law. What then should happen to the 2.2million odd people currently living in southern Zimbabwe who speak a language and can trace their ancestry back to KwaZulu-Natal? Are they land thieves by your definition? How should they redeem themselves to the Shona people who's land they conquered back before anybody alive today can even remember?
Wow, at least he got off this continent, nice to have money to leave, most don’t have that fortune to leave, nothing will save South Africa from the grips of the black plague
I think he places too much emphasis on renewables when it has been proven that not one windfarm or solar farm can be run profitably without state assistance.
We have coal and plenty of it. It boggles the mind that we do not prioritise the use of our coal to get us out of the dwang that we find ourselves in.
Hugo Kruger has the right idea. It's such a pity that those who are in the position to make the decisions, refuse to take his advise. I wonder why that is so.
Germany, Denmark & Norway (and possibly others) run profitable renewable farms, Norway with the added advantage of storage (hydro).
The long term economic calculation is simple: huge Capex plus consumables cost vs. modular Capex and no consumable cost.
An intelligent mix is the right way, IMHO
The corruption won't be addressed any way he said the truth unfortunately the citizens have to bear the inconvenience as always
A good man indeed and a loss for the country.
I wish he was our president ; oh how I wish and pray
He might have his reasons but by now he should have named and shamed to Cadres that must be allowed to eat a bit.
Then he will NEVER be able to return to SA. Think for yourself!
Thank you Andre for all you have done. The presidential office in SA is waiting for you.
BAIE OULIKE MAN ANDRE DE RUITER MAG HY EN SY GESIN VOORSPOEDIG EN GELUKKIG WEES
Ek wil net dankie se❤
Any investment chat/conference or business forum I go to in the world Africa is just not mentioned as a investment destination in the developing world it’s rather a wild Place to rush into extract and run out of. As long as there is corruption from the top to the bottom this won’t change . Good luck to those who think that can beat the system. I am full of respect for you
😮 Hulle weet nie wat ons weet nie 😢😢😢
There was song done by Mic Jagger called " Paint it Black".😊. So wherever U are, in South Africa the mentality is to paint anything and everything black. As nothing matters. I had a few buddies who did duty in Vietnam. And every day they bordered the helicopters, the immediate thought came to them was this song was playing in the background. That there little to no more hope, as it would probably be their last days on Earth. 😢😮😢...As there no more moral fibre left in South Africa. As it's all gone to the dogs...😮
The most capable human resources have already left or retired IMO.
They were bailing water from a ship full of the holes of corruption from the ANC cadres and government kleptocrats. The corruption is systemic and that hasn't been fixed yet, so people stopped bailing and emigrated or retired.
Why aren't the newer coal fired plants performing as they designed? Even if the bad coal is part of the answer, this still amounts to poor and incompetent management and operations.
Why is it impossible to have the emmisions treatment stage commissioned and operating at the newer plants?
The designs are a mess …. Bribes were paid to award the work to the higher bidders for the turbines and boilers.This is so they could skim off the difference. The lowest tenders were submitted by competent suppliers in their specific fields …..
Good man
Totally ridiculous to send Koeberg energy to Richardsbay
Really love the discussions on biznews, I just wish and can only hope that the buracrsts watch this stuff and actually listen too
The storm before the calm
Every year past the powerplants get older . We have to replace oldest plants fast .
I have a question for you Andre. If South32 is purchasing or will purchase energy from Koeberg, how is the delivery of that power managed and distributed ? Do they pay them direct and just draw from the grid ? Or do they have a specific “direct line” setup ? Koeberg is very far from Richards Bay. I am very curious to know how this would be implemented?
From information I have seen regarding Carbon percentage world wide in the atmosphere only showing a value of 0,4 %.
????
Any sufficiently bloated government or corporate entity is indistinguishable from gangsterism.
Eskom is a 50 year old Landrover ! 🤣
He looks less stressed, SA now needs people who can think intelligently and not heroes going to fight wars
21:20 onwards. I wish South African understood the potential that is being squandered.
The problem with South Africa is that the ANC think politics is a business, Why would they want to invest in a once off deal that could solve SA power issues when the minister of energy would lose money in his coal business, or fuel in his political business, which both supply eskom. So messed up. give politicians a high salary, but ban them from owning or working on the side
Engineering issues being discussed by this panel,really!!!!
How did the US Goverment put GOTTI mafia into jail? TAX EVASION!! SARS is our only competent institution in SA. Goverment employees must do tax audits yearly.
Nuclear (seemingly the best long term solution) seems almost completely absent from his thinking…? Or did I misunderstand?
I think you misunderstand. Renewables are cleaner and faster.
I want to know how when can find out how to raise an issue with ESCOM that will result in change for one is just referred to send a WhatsApp and never really gets feedback to my understanding. I stay in a fynbos biosphere in the Overberg region. We have frequent power outages sometimes caused by transformer failures which leads to veldfires in the area where the failure / "blowup" occurs. Surely there must be regulations that those areas surrounding electricity structures should be made fireproof to prevent these devastating veldfires which result from these "blowups".
Interesting interview. I would disagree about over investment in solar and wind given the short life span and unrecyclable nature of the generation equipment.
Tax collectors in USA were the downfall of the Mafia there.
Seems this is also happening in SA
Western Europe has lots of renewables, but these are often idle due to dünkelflaute and load mismatch. They have plenty of nuclear, hydro and LNG and coal back-up as they are so much better at planning and project management.
He was at Eskom to write books or to solve the problem.he must stay there not coming back
Managing the grid means managing YOU. Hello 'smart' geysers.
Too many other very clever people out there still saying that 'renewables' aren't meant for baseload and aren't cheaper or better for the environment, lifecycles considered in total. So, who do we believe? What really is the best if incentives and disincentives are removed from the calculations?
As for the EU, they need to be given as many middle fingers as is bareable by all outsiders. Isn't it them who have got the bulk of their fingers in the solar and wind power, so of course they'd like to force other's hands to buy.
Also, CO2 is far better fertiliser than it is a greenhouse gas. So what now?!
Many Boeing 747 planes are older than 40 years and still going strong due to diligent maintenance enforced by FAA (eg SACAA of old, for SA)
I appreciate the fact that André will for the foreseeable future look over his shoulder, but pulling the punches is still affecting the taxpayer.
Flogging a dead horse. Andre is now in another country with the highest rate of greed. We are just very open about our own problems.
What makes their country more greedy than ours? Our country is so greedy they forget that tax money is meant to support the economy not the kings
I think old coal stations can be put to very good use untill such time as new stations come online, they already exist and can generate power much sooner than new ones and then obviously global warming does not exist.
only 1 in a hundred scientists globally say that global warming is a hoax - so you’re waaaay in the minority.
Whether or not global warming exists is a moot point when the companies that want to buy your electricity are striving to prevent it. The first rule of business is that the customer is always right! If you want to woo international investors to your shores you need to give them what they want ;)
Can solar panels and wind turbines be recycled? What happens to these batteries? Would love to know
What’s your alternative ?
I'm curious... The average African consumes less electricity than an American refrigerator?! The math isn't mathing 🤨
yes... times by millions. simple math.
Hey Chris, what happened with the lost boys saga? Is that lost forever now?
As soon as he started pushing renewables i realized he's bought and paid for
Your contributions have been substantial. However, you need to brush up on your renewal energy approach, in terms of life span, costs of installation, maintenance, impact on environment, and when we speak to storage, the rare earth minerals needed for batteries are unsustainable. We should not knock back LPG as an option, as well as more nuclear power stations. Both have a very low carbon footprint compared to coal fired plants
SA has abundant natural resources necessary for generating clean energy. However, the absence of governmental/political dedication and insufficient investment in renewable energy research and development hinders its harnessing.
Why do we as put up with this 0
Who is this 0 you are referring to?
If you want to know how good or bad Adre was ask the people he worked with at ESKOM.
Small modular nuclear available from Denmark
i don't agree on green energy
New pebble bed small nuclear power,the sun, we got lots (solar) and coal thats redesigned is more that we need.
Just needs cleaning up of dirty politics, from government and private sectors.
And SME business, creat jobs. Future is bright, ?
Listening to these boneheads you would think they came from a saintly background as "Gods chosen few" 😍