Eskom’s situation hasn’t improved at all, the Parliamentary Budget Office says.
The Parliamentary Budget Office has suggested that South Africa consider re-implementing the national state of disaster, given that power utility Eskom’s challenges and impact on the broader economy have not improved.on Thursday the group said that the country has been met with mixed messaging from various ministers dealing with the Eskom crisis, and that South Africa’s financial position is at odds with the solutions presented to deal with it.
Ramokgopa presented a number of proposals to cabinet this week on a way forward to provide some level of reprieve from rolling blackouts. Controversially, one of the recommendations is to extend the life of current coal power plants, which will require significant funding to execute. With little progress being made not only in terms of Eskoms failure to provide stable energy but also its dire financial status, the budget office said that maybe bringing it back would be a step in the right direction.We had a state of disaster declared for this exact risk or reason.
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