De Ruyter outlines green reindustrialisation vision for South Africa

Eskom CEO Andre de Ruyter has outlined the case for leveraging South Africa’s transition to green energy to reverse the country’s “vicious cycle of deindustrialisation and unemployment” and to trigger a “virtuous cycle of local demand for local goods to create investment and jobs”. Delivering the Dr Hendrik Johannes van der Bijl Memorial Lecture during a virtual event hosted by the University of Pretoria and the South African Academy of Engineering, De Ruyter rejected the notion of South Africa abandoning manufacturing in favour of commodity exports and services.