Editorial: Who is to blame for the Eskom crisis?: There’s not just one person to blame for decades of mismanagement of an electricity crisis that was made known some 25 years ago
Who has to take ultimate accountability for the failure to recapitalise Eskom in the late 1990s to replace its old power stations and expand its generation capacity? The past few weeks have had us on edge about electricity and fingers are being pointed at actors in the struggles of the state-owned company and the still-nascent state of our renewables sector.
In last week’s coverage of the electricity crisis we tried to earmark the key players responsible for the sorry state of Eskom. We’ve been rightfully criticised for leaving out certain people and others claim they shouldn’t have featured because they did the best for the ailing parastatal with what tools they had at their disposal.
In 1994, we had a population of about 43 million with a GDP of about $153.5 billion. Today, there are about 60 million of us and our GDP is now valued more than $419 billion.
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