🇿🇦 South Africa
Jun 12, 2026
The hollowing out of Eskom: De Ruyter's prophecy becomes reality
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André de Ruyter warned this would happen. As Eskom CEO, he flagged the risk of a revenue death spiral — major customers fleeing to private power, leaving the utility stranded with ballooning municipal debt and no reliable income base. It's no longer a warning. As MyBroadband reports, Namibia is building green hydrogen capacity at scale. Botswana is aggressively pursuing renewables. Lesotho just signed a R102 billion hydropower deal with a US developer. Domestically, demand has dropped by the equ
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