Eskom blackouts cause doubt regarding rescue plan

[Bradley Prior]

Eskom blackouts cause doubt regarding rescue plan

South Africa’s cash-strapped state power company began a second day of controlled blackouts, jeopardizing a recovery in the continent’s most-industrialized economy as investors await a government plan to restructure the utility.

The nation is still struggling from outages in the first quarter that contributed to the biggest economic contraction in a decade. [Bloomberg]

 

[Cereal_Killer]

Sack them all and privatise

 

[Utterly Confused]

Escum couldn't organize a pissup in a brewery.

 

[Ryansr]

Doubt, huh?

 

[MidnightWizard]

Sack them all and privatise

Have you bunch ever stopped to consider WHO would want to buy this crock of **** ?
What sensible headed businessman is going to put down good money on a DEAD asset ?
Eskom is like SAA / SABC and every municipality in SA -- PAST THE POINT OF NO RETURN !

 

[grok]

Have you bunch ever stopped to consider WHO would want to buy this crock of **** ?
What sensible headed businessman is going to put down good money on a DEAD asset ?
Eskom is like SAA / SABC and every municipality in SA -- PAST THE POINT OF NO RETURN !

Funny how it wasn't like that under previous regime management..

 

[maumau]

Funny how it wasn't like that under previous regime management..

The evil apartheid regime?

They keep whinging about 49 year-old equipment - a$$holes don't realise they're shooting themselves in the foot by admitting they've done no maintenance.

 

[Johnatan56]

@Sinbad that ninja delete, was about to link that you posted the video from Optimum mines.

 

[Sinbad]

@Sinbad that ninja delete, was about to link that you posted the video from Optimum mines.

Yeah. Did a double check and realized it was some moron fake newsing.

 

[ɹǝuuᴉM]

Escum couldn't organize a pissup in a brewery.

Are you doubting the success of Affirmative Action??? #InstantRacist