Electricity supply severely constrained: Eskom

The BEE middlemen are not really the problem either, the problem is that whatever is the mine's cost of
production, Eskom will pay it + a % of profit (I simplify) and a part of the capital cost + any additional capital cost. So the mines are not really incentivized to be cost efficient for their supplies to Eskom which is carrying a huge chunk of the risk.

You can see it here http://www.pmg.org.za/files/130423securing.ppt

This is a massive waste of money.
 
I did not expect them to have problems at this time of the year. They always blame the winter heating, coal and stuff, but this shows there is a much bigger problem there
 
STOP WASTING MONEY ON ADVERTISING.
Andrew Etzinger from ESCUM must tell us the truth and not tell us that 25% of the units are down because of ageing infrastructure.
What a load of CRAP.


Andrew Etzinger from ESCUM must tell us the truth and not tell us that 25% of the units are down because of INCOMPETENCE .
 
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