Eskom is doomed

[Newsfeed]

Eskom is doomed

Money handed over to Eskom is wasted as it will simply be used to pay inflated salaries to many unnecessary workers and finance corrupt deals.

This is the view of journalist, political scientist, and historian RW Johnson, who shared his views in a column titled “Our coming train crash”.

 

[Craig_]

Even without reading the article I agree. If it couldn't stand on it's own the first time you can't throw money at it and expect things to improve. Something has to change in the way they do business.

 

[Arthur]

I nearly posted this article yesterday. Worth a read as a prognosis for SA.

Tough times ahead.

I hope he's right about a break-up.

 

[RedViking]

Anything new that wasn't posted yesterday, the day before that and the week before that and the months before that?

 

[falcon786]

Eskom is selling power for 90c per kWh according to Jabu and yet the useless bankrupt emfuleni municipality sells it to us for over R2 per unit....such massive profits and they're still bankrupt...

 

[grok]

Don't you just hate it when the racist's predictions become true.

I wonder how they knew?

 

[Gordon_R]

Anything new that wasn't posted yesterday, the day before that and the week before that and the months before that?

Its like the story of the frog is a slowly boiling pot of water. Nothing different from last week, but if you don't do anything, the situation is going to get worse.

I'm not a big fan of hard-hitting commentators such as RW Johnson, but somebody has to stand up and speak the truth.

Edit: I posted before reading the comment by @evilstebunny, but it reflects my sentiments.

 

[REAList_1]

Eskom is selling power for 90c per kWh according to Jabu and yet the useless bankrupt emfuleni municipality sells it to us for over R2 per unit....such massive profits and they're still bankrupt...

And they paid 9c kWh in Zim before increasing the price to 27c kWh this week.
Makes me wonder if they get it for free from Eskom..

 

[REAList_1]

Eskom is doomed

Money handed over to Eskom is wasted as it will simply be used to pay inflated salaries to many unnecessary workers and finance corrupt deals.

This is the view of journalist, political scientist, and historian RW Johnson, who shared his views in a column titled “Our coming train crash”.

Expect a Sanral guvament tolerance.
They hope it’s going to resolve itself.
Eskom is steering the country in the junkyard direction.
We will not stop the decline.
Clever people will put plans in place to cope without Eskom.
In Zimbabwe some industries work a night shift when power is available.
Desperate situations lead to desperate people.
We will experience firsthand what happens when a modern “African “ country goes on stop without electricity.
It’s time to start stashing. But it’s a lot of money you need for this.

 

[Gordon_R]

And they paid 9c kWh in Zim before increasing the price to 27c kWh this week.
Makes me wonder if they get it for free from Eskom..

Just to clarify, those prices are in Zimbabwe cents per kW/h, and are at the subsidised rate for domestic consumers only. Export oriented users pay a tariff in US currency, which is closer to the SA rate.

 

[Gordon_R]

Eskom is selling power for 90c per kWh according to Jabu and yet the useless bankrupt emfuleni municipality sells it to us for over R2 per unit....such massive profits and they're still bankrupt...

Seems like a three-way tariff/subsidy/tax juggling:
Electricity consumers subsidise municipalities.
Municipalities and consumers don't pay the full rate that Eskom needs to break-even.
Taxpayers bail out Eskom.

Symptomatic of a broader dysfunction, as the OP implies.

 

[Peon]

RW Johnson's piece I found ended quite well.

In summary perhaps, "we need this". Perhaps we need a collapse of Eskom and government to rid ourselves of the anc government.

Instead of trying to put plasters over a gun-shot wound, surgery should be performed.

Im not partial to the idea of total anarchy breaking out around the country during the collapse and genocide taking place as many prescribe. I think it will be very rough and stressful but ultimately needed to see the back of the anc.

 

[Polymathic]

We need Nuclear power

 

[system32]

We need Nuclear power

I need to go off-grid, the rest of you an pay for Eskom.

 

[Pythonista]

We need Nuclear power

NO. We do not. We do not need projects that cost billions and need real expert technicians to run. That's just a ticket for more corruption and waste. We need wind and solar power, which can be built using local tech and skill. And yes - solar can generate at night - using molten salt stored in large underground tanks.

 

[elf_lord_ZC5]

With an ANC government, and 5 years to next election date - inevitable. The hour glass will run out before then, not that the next government is likely to be of any better quality .

 

[NeoAcheron]

With an ANC government, and 5 years to next election date - inevitable. The hour glass will run out before then, not that the next government is likely to be of any better quality .

Then what, the fools that voted for them this time round will still vote for them in 5 years.

 

[elf_lord_ZC5]

Then what, the fools that voted for them this time round will still vote for them in 5 years.

Yeah, that is implied, on the other hand, it is doubtful that Eskom will last till the end of this governments term.

 

[spectrum.1]

Cape needs to cut itself off from the ball-and-chain of the rest of SA & Africa

 

[Sl8er]

With an ANC government, and 5 years to next election date - inevitable. The hour glass will run out before then, not that the next government is likely to be of any better quality .

100% and;
Think about this:
Who's going to be after cyril?

As long as the anc is in power, this country is destined to fail (-_-)