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Despite Eskom's financial struggles, the state-owned enterprise revealed that the former CEO Andre de Ruyter took home a sizeable remuneration package for the year 2023. De Ruyter received a whopping R6,9 million in the 2023 financial year, which happens to be slightly less than the R7.1 million he received the year before. This lekker remuneration included a basic salary of R6.453 million and other payments of R456,000, which works out to around R20,000 per day.
9 billion for the 2022/23 financial year, exacerbated by a huge escalation in load shedding, mounting municipal debt and skyrocketing losses due to criminal activity. De Ruyter has been in the news of late for lifting the tight lid on Eskom's rife corruption and government involvement, also admitting to failing to prevent load-shedding in South Africa.
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