Eskom bonuses to blame for electricity crisis

[rpm]

http://mybroadband.co.za/news/General/3286.html


A group of forensic accountants in Forensies.com have analysed what Eskom says in its annual reports about the utility's management bonuses, and have concluded that the supply of electricity is not one of the so-called "gate-keepers" that would prevent the bonuses being paid out.

[Moederloos]

Political expediency and transformation uber alles.

I for one am not surprised - of late it has become apparent that electricity supply is not even as important as a secondary concern to Eskom.

[Kasyx]

The managers are not audited based on providing their PRIMARY SERVICE?

I work for a company who runs Linux servers for corporations around the continent, but fortunately it doesn't matter when the servers go down, because I am dressed neatly and arrive for work on time, so I still get my bonus. How the fsck is that even remotely permissible?

It's like a prostitute requesting a tip after refusing to anything other than hold your hand. Only difference is prostitutes are more productive members of society.

[Moederloos]

Only difference is prostitutes are more productive members of society.

It's the male prostitutes with productive members...

Haw Haw.

:p apologies

[Kasyx]

It's the male prostitutes with productive members...

Haw Haw.

:p apologies

*knee slap*

:D

[Frankie]

What a bunch of tossers.

Because of their own mismanagement they are forced to ask consumers to reduce consumption of the product they sell, this then leads to a reduction in income, then they increase the rate to compensate for this loss of turnover, and then still expect to get the undeserved bonuses.

Could you imagine our car producers urging the public not to buy as many of their cars??

[martmeister]

this drives the point home for me. the point being this is such a joke. How do other countries look at this and not read on in shock and disbelief?

[Moederloos]

this drives the point home for me. the point being this is such a joke. How do other countries look at this and not read on in shock and disbelief?

News is often reported to support a political statement or "image".
So, do not be surprised if international news of this (if any) is slanted to show how "SA is battling to overcome the effects of Apartheid" or how "Eskom is fighting for renewable power sources" or other such nonsense.

[BBSA]

And the Majority will vote for the ANC again.... Only in Africa

[Frankie]

And the Majority will vote for the ANC again.... Only in Africa

Sadly that is the true, just like the Zim's voted for Bob Mugape at each opportunity.

[stoke]

Well, i'm ready to take to the streets and at the same time refuse to pay for non delivery of service.
Who else is?

[Frankie]

Well, i'm ready to take to the streets and at the same time refuse to pay for non delivery of service.
Who else is?

I am certainly ready for protest action.

I think that the lack of coordinated response from us, has sent the signal to these corrupt a-holes that they can extract even more from us with zero improvement in the deteriorating services - more for their pockets.

[bekdik]

The problem isn't Eskom or Telkom. The problem is the government who hold 100% of Eskom and control directly and indirectly over 50% of Telkom.

In both cases these government controlled organisations have failed miserably in their core services, core services which are essential to the proper running of the economy.

As long as the government's only goals are political point scoring and self enrichment while taking no responsibility for the failure of cabinet ministers, the situation will not change. We only have to look North to see where the future lies.

[Tns]

these so called twats in charge only care for themselves and no one else.

[Aphrael]

I have been saying this ever since that story on Carte Blanche a while back, but all anyone was interested in was Eskom's coal supply. Fire their whole upper management, restructure with half the salaries and rewrite the bonus conditions. That would be a start