Eskom could shave a fifth or more from its bloated cost base as it gets a grip on its procurement and capital spending, putting disciplines back in place and tackling malfeasance and resistance.

But CEO André de Ruyter says cutting Eskom's R140bn procurement budget is a slow process and efforts to put disciplined procurement procedures in place often face resistance and prompt allegations of corruption and wrongdoing...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now