How Eskom was destroyed

Jamie McKane

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How Eskom was destroyed

As South Africans are once again dumped into darkness, many are wondering how Eskom went from the most efficient power producer in the world to a company which cannot keep the lights on.

To answer this question, it is necessary to look at Eskom’s past and what happened to destroy the company which won the Global Power Company of the Year award less than 20 years ago.
 
How Eskom was destroyed

As South Africans are once again dumped into darkness, many are wondering how Eskom went from the most efficient power producer in the world to a company which cannot keep the lights on.

To answer this question, it is necessary to look at Eskom’s past and what happened to destroy the company which won the Global Power Company of the Year award less than 20 years ago.
Please, sir, I want some more.
 
  • A change in Eskom’s ownership model and governance.
  • Accelerated BBBEE, which resulted in fronting and losing skills.
  • Cadre deployment.
  • Political interference.
  • Grand looting and state capture
Someone actually admits it :eek:
 
Simple answer as with all SOE's, government departments and infrastructure :-

anc
 
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