EDITORIAL: Eskom’s implosion is worse than you ever imagined

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EDITORIAL: Eskom’s implosion is worse than you ever imagined
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Beware the populists, keen to stop ANC losses from blackouts, promising whatever they have to.

09 November 2022 - 07:00

After all, when he does pronounce on any issue of national importance, it often comes back to bite him — a luxury he can ill afford with opportunists such as Lindiwe Sisulu angling to knife him in the back at every turn. It is not an overstatement to suggest that the numerous fibs on load-shedding are one of the primary contributors to the lack of trust South Africans have in their government.

The bottom line is that South Africa won’t be able to power the sort of GDP growth needed to meaningfully reduce its other crisis: unemploymentnews this week is that Ramaphosa was more wrong than even he could know. In its latest power assessment, Eskom confirmed that not only is it not close to fixing load-shedding, it won’t be able to meet the country’s electricity needs for the next five years.

Last week, Gauteng premier Panyaza Lesufi spoke of writing off the debt owed to Eskom by Soweto residents.

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FinancialMail /  🏆 20. in ZA

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