A study from Reserve Bank economists found that electricity price increases have largely stemmed from Eskom’s need to service its massive debt pile. Its debt-servicing costs have more than doubled in the last decade.
The current electricity pricing regime ties prices to Eskom’s costs, resulting...
My son in law and his brother, both university trained engineers, left Kendal in 2010 for Australia after ±10 years or more service, not being able to handle all the crap going on unchecked.