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The Journal.

Blackouts, Corruption and a Poisoned CEO

The Journal.

The Wall Street Journal

News, Daily News, Business News

4.25.8K Ratings

🗓️ 27 January 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

South Africa’s state-owned power company, Eskom, is struggling to keep the lights on in the country and is now looking for a new leader after its current CEO was poisoned. WSJ’s Alexandra Wexler on the difficult job of running Eskom. Further Reading: - South Africa Seeks State Power Chief After CEO Says He Was Poisoned Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The

0:03.0

Android

0:06.0

Duretor has a tough job. He's the CEO of SCOM, the power company that provides most of South

0:12.1

Africa's electricity.

0:13.6

It's a huge responsibility. It does come with its burdens, but it also comes with its

0:18.5

moments of excitement.

0:20.7

The company is plagued by problems like corruption, aging power plants and mounting

0:25.2

debt. Right now, it's unable to generate enough electricity to power the country. There

0:30.4

are blackouts all the time, sometimes for more than 11 hours a day. All of these problems

0:36.6

put Duretor under a lot of pressure, and then one Monday last December, things took a sinister

0:42.5

turn.

0:45.7

It began that morning when Duretor drank some coffee.

0:49.5

Capuchino actually in his personalized mug, and he drank that, and shortly thereafter

0:55.5

started feeling confused and dizzy and just generally really unwell.

1:01.5

That's our colleague, Alexandra Wexler. She says that hours later, Duretor was shaking

1:06.3

in a bed at a medical clinic. A doctor ran some tests.

1:10.7

And when the results came back, it showed that he had an ingested cyanide and was suffering

1:15.8

from cyanide poisoning.

1:17.6

Wow.

1:18.6

It's pretty wild.

1:23.3

What does this incident say about how hard it is to be the CEO of this company?

1:28.9

I think that being CEO of SCOM has got to be the toughest job in South Africa at the

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