BREAKING NEWS LIVE | ANC considers second state-owned power utility to compete with Eskom - Ramaphosa

[Blue Shirt]

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BREAKING NEWS LIVE | ANC considers second state-owned power utility to compete with Eskom - Ramaphosa​

ANC considers second state-owned power utility to challenge Eskom 'monopoly' - Ramaphosa

President Cyril Ramaphosa on Friday announced that the ANC is strongly considering the establishment of a second state-owned power utility to reduce the risk posed by Eskom's failings.

Ramaphosa, who gave the ANC's message of support on the third day of the SACP's elective congress, said the proposal was initially made by Energy and Mineral Resources Minister Gwede Mantashe after the power utility plunged the country into stage six load shedding.

"Eskom has been operating as a monopoly for over 100 years and having one company taking up the role of providing energy to the entire country poses a great risk. If it [Eskom] fails, its failure becomes a peculiar failure for the entire country," he said.

Ramaphosa said Mantashe's proposal was a great idea. "Look at China. It has a number of state-owned power providers who compete among themselves ensuring that the price of electricity is greatly reduced."

- Juniour Khumalo

 

[Blue Shirt]

Not sure whether to post this in NCA or the Eskom forum.

The tendapreneurs must be licking their lips and salivating at the thought of another state-owned power utility to loot.

 

[stormiezzz]

We don't need another SOE, we need another ruling party. The ANC will just screw this up like everything else.

 

[R13...]

Not really breaking, this idea first surfaced in 2020

'Utter madness': DA lashes Mantashe over 'second Eskom' plan - TechCentral

The Democratic Alliance has lambasted a government proposal to create a second state-owned electricity generation company in South Africa, labelling the plan "utter madness".

techcentral.co.za

 

[HelterSkelter]

Double the looting

 

[Snyper564]

 

[walterl]

double the loadshedding?

 

[saturnz]

LOL, who did they pay and how much for this bit of wisdom

 

[Solitude]

10 years from now they can create a third state-owned power utility!

 

[PrimeSteak]

Not really breaking, this idea first surfaced in 2020

'Utter madness': DA lashes Mantashe over 'second Eskom' plan - TechCentral

The Democratic Alliance has lambasted a government proposal to create a second state-owned electricity generation company in South Africa, labelling the plan "utter madness".

techcentral.co.za

Problem is they're seriously considering it now...

 

[Pak Fa Fui]

Good idea
Keep Eskom on coal
New SOE on renewables

 

[Unhappy438]

ANC is retarded.

 

[Flanders]

So this is the Great Plan®

State-owned eh? What could possibly go wrong?

 

[PrimeSteak]

It's a stupid idea.
Was Coal Daddy Gwede's suggestion... Not maintaining and improving Eskom, but just creating another Eskom.
They can't even keep one Eskom working correctly, how the **** are they going to manage it with two?

 

[WAslayer]

Please ANC, what is going to be done differently for this new state power utility that will make it work better than Eskom..?

Will this one hire all the skilled workers Eskom refuses to hire, despite their willingness to come back and help fix things..?

Or are you going to import experts at exorbitant costs, like the Cuban doctors..?

Will this new utility be charged 460k per broom, or a bargain at 115k per broom..?

Will this new utility be free of corruption and if so, how, if this is seemingly impossible to weed out in Eskom..?

 

[JustJack]

Not sure whether to post this in NCA or the Eskom forum.

The tendapreneurs must be licking their lips and salivating at the thought of another state-owned power utility to loot.

Funny pictures forum?

 

[Unhappy438]

Will this new utility be free of corruption

 

[R13...]

Problem is they're seriously considering it now...

It is a stupid idea. Yesterday he admitted that the ANC state was incapable, but now he believes that same incapable state capable of building a whole other power utility when they barely crossed the line building two power stations? Madness.

 

[Gordon_R]

Already a BusinessTech thread:

ANC wants a ‘second Eskom’ to be introduced in South Africa: report

ANC wants a ‘second Eskom’ to be introduced in South Africa: report The ruling African National Congress is considering the formation of a second state-owned power utility to challenge Eskom's monopoly in the country, says president Cyril Ramaphosa.

mybroadband.co.za

 

[TelkomUseless]

Is this the plan we have been waiting in great anticipation from Squirrel? Well the letdown is normal any news from ANC government. This is such a bad idea...so going to take another 15 years to build a 2nd Eskom..? lol..

Jeez.. how people vote for the clowns are beyond me.