[Opinion] SONA 2019 Thread

[BBSA]

Huh? They want to break Eskom into 2-3 entities. Or did they change their mind?

https://twitter.com/x/status/1093572690139586562

 

[marine1]

Trump made an inspirational speech. This is just so poor.

Cant compare them

 

[Lew Skannen]

"Government will support Eskom's balance sheet and the finance minister will provide further details of this in the budget speech in a few days," Ramaphosa said. "It is an imperative to embark on this path without burdening the fiscus with unmanageable debt," he added.

Lol

 

[Scooby_Doo]

Eskom will be split into 3 entities...

SOEs which cannot function on their own will have to look at other options including private equity.

 

[Sideshow Bob]

你有问题吗？

haan.. bolo. ?

 

[Vrotappel]

Is he trying to bore us to death?

 

[Lew Skannen]

"To bring credibility to the turnaround and to position South Africa’s power sector for the future, we shall immediately embark on a process of establishing three separate entities – Generation, Transmission and Distribution – under Eskom Holdings," Ramaphosa explained.

This will isolate costs to each individual entity and will enable Eskom to raise funding easily from the market, he said.

So, nothing will change at Eskom. Only twisting words to (try and) fool the world.

 

[Vrotappel]

So, nothing will change at Eskom. Only twisting words to (try and) fool the world.

We'll see if the market buys that.

 

[NarrowBandFtw]

So, nothing will change at Eskom. Only twisting words to (try and) fool the world.

ja we'll have 3 Eskoms instead of 1, 3 times the opportunity to steal

 

[Vrotappel]

#SONA2019 The National Health Initiative Bill be tabled before Parliament soon. It is the intention that those who can afford health care services will cross-subsidise those who can't afford.

That's already happening lier.

 

[Lew Skannen]

We'll see if the market buys that.

They won't. Investors are neither blind nor stupid.

 

[Hamster]

Drink

 

[Vrotappel]

Malema wasting our time again.

 

[Hamster]

ja we'll have 3 Eskoms instead of 1, 3 times the opportunity to steal

I'll finally understand loadshedding 1, 2 and 3

 

[Vrotappel]

Did he practice this beforehand?

 

[Lew Skannen]

President Cyril Ramaphosa says state-owned "land parcels" have been identified for the purpose of expropriation without compensation.

What a stupid bunch of clowns.... why the f**k do you want to go through the legal processes to expropriate your own goddamned land? Why not just give it to the people? Do the ANC really think the world is this stupid?

 

[3WA]

What a stupid bunch of clowns.... why the f**k do you want to go through the legal processes to expropriate your own goddamned land? Why not just give it to the people? Do the ANC really think the world is this stupid?

Calm down dude. Breathe and turn off the TV.

 

[Lew Skannen]

Calm down dude. Breathe and turn off the TV.

TV is not on. Just saw this posted on a US-based investor community laughing at this comment.

I think this SONA is showing just a lot more policy uncertainty. Perhaps they should cut it short and get everyone home so that they can focus on the upcoming elections.

 

[Hamster]

Improvement #1: fire Dlamini

 

[3WA]

Improvement #1: fire Dlamini

Drink!