Eskom crisis will plunge South Africa into disaster - Dawie Roodt

[Jan]

South Africa in crisis and heading for disaster — economist

The only solution to solve South Africa's electricity crisis is to put Eskom into business rescue, according to Efficient Group chief economist Dawie Roodt.

In an interview with 702, Roodt explained that gradually privatising the power utility is not the answer and that the only way to avoid disaster is with drastic government interventions.

 

[VooDooC]

Heading? We're already there

 

[zeridine]

No one in govt will listen, so why bother saying the same thing over and over? It seems like everything first has to collapse before we can think about rebuilding whatever you'd want to rebuild.

 

[LCBXX]

South Africa in crisis and heading for disaster — economist

The only solution to solve South Africa's electricity crisis is to put Eskom into business rescue, according to Efficient Group chief economist Dawie Roodt.

In an interview with 702, Roodt explained that gradually privatising the power utility is not the answer and that the only way to avoid disaster is with drastic government interventions.

Nonsense.
Deregulation of electricity production is another, much more tangible, solution. Agreed, is the least favourable option for the ANC whereas Roodt's suggestion still keep the ANCs pockets lined.

 

[mpdjhb]

Not. Going. To. Happen.
Gwede and pals too attached to the feeding trough.
Unions will burn the country to the ground while CR rides around in a coach in the UK.

 

[wingnut771]

Not. Going. To. Happen.
Gwede and pals too attached to the feeding trough.
Unions will burn the country to the ground while CR rides around in a coach in the UK.

then they won't have any jobs.

 

[Velskoen]

They never had jobs to start with. Merely salary recipients.

 

[Mike Hoxbig]

About time. We went almost 24 hours without an Expert prediction...

 

[konfab]

Only solution is to appoint me as CEO. I will fix the main cause of SA's electricity's problems.

 

[wingnut771]

Only solution is to appoint me as CEO. I will fix the main cause of SA's electricity's problems.

The only way to do that is to become a dictator.

 

[konfab]

The only way to do that is to become a dictator.

Absolutely not. I would be able to do it completely within the realms of all current South African law. I wouldn't need any government bailouts, or private sector involvement or anything like that. No begging international communities either. I would solve South Africa's energy problems for good.

 

[Velskoen]

Only solution is to appoint me as CEO. I will fix the main cause of SA's electricity's problems.

Hope you drink tea rather than coffee.

 

[Wut]

Absolutely not. I would be able to do it completely within the realms of all current South African law. I wouldn't need any government bailouts, or private sector involvement or anything like that. No begging international communities either. I would solve South Africa's energy problems for good.

Just don't drink the coffee...

 

[Wut]

Hope you drink tea rather than coffee.

Beat me to it by seconds

 

[BlackStatic]

WHAT? Are you serious?!

 

[ToxicBunny]

Well no shyte Dawie, we all know that.

But Business Rescue is not the solution, it will make the problem worse

 

[grok]

About time. We went almost 24 hours without an Expert prediction...

Not so fast, the L8 predictions even come in black now..

https://vm.tiktok.com/ZMFohB1xq/

 

[dualmeister]

Heading? We're already there

This. Irritates me that every article is SA is "heading" for ....
WE ARE THERE ALREADY PEOPLE!!! And have been for a while.
Wake up and smell the Rooibos tea.

 

[wingnut771]

Absolutely not. I would be able to do it completely within the realms of all current South African law. I wouldn't need any government bailouts, or private sector involvement or anything like that. No begging international communities either. I would solve South Africa's energy problems for good.

How do you get around BEE/AA?

 

[chrisc]

How do you get around BEE/AA?

Ignore it