Ramaphosa's plan to save Eskom

I suspect people are thinking "If I don't have load shedding everything is ok". Bad news, "saving Eskom" doesn't mean you won't have no load shedding, it involves dealing with the issues they currently have. Those issues include the massive amount of debt. How do they save an organization with over R488 billion in debt? More power stations will add to the debt. Fixing current generation issues add to the debt. And cutting staff numbers will merely make a dent in the colossal amount of debt. Just to make things worse, end users are starting to move to solar energy, essentially meaning Eskom will start seeing a small decline in revenue.

Let me ask a logical question. Can Eskom be "saved" or is it too late? (Simple answer is, it can't be saved, complicated answer is, it will likely end up taking more time than we will be alive)
 
Genisys said:
I suspect people are thinking "If I don't have load shedding everything is ok". Bad news, "saving Eskom" doesn't mean you won't have no load shedding, it involves dealing with the issues they currently have. Those issues include the massive amount of debt. How do they save an organization with over R488 billion in debt? More power stations will add to the debt. Fixing current generation issues add to the debt. And cutting staff numbers will merely make a dent in the colossal amount of debt. Just to make things worse, end users are starting to move to solar energy, essentially meaning Eskom will start seeing a small decline in revenue.

Let me ask a logical question. Can Eskom be "saved" or is it too late?
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Any body with a brain will know that if you have R488 billion debt from 2 power stations that still aren't working knows the answer. Anyway, that 488 billion is probably much more now and counting.
 
Whatever they do, anything short of outright banning solar will result in eskom's demise, whatever price structure implemented will eventually be made redundant by technology, this is proven time and again all over the world.
 
escum will never be saved or fixed!

it's to far gone.

get off the grid!

Koeberg has cracks in it's radiation containment building - so that could possibly become an issue in the near future as it reaches it's 40yr life span in 2024? escum wants to extend it's working life?
 
pks said:
During the Zuma cleptocracy he was heading the "task force" that was set up to sort Eishkom out. Did nothing then, has done nothing during his presidency and will do nothing in the future. What a tosser!
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Exactly. We went from a surplus power supply, selling of excess to Zimbabwe and Mozambique and taking fat bonuses, to a grid that is being bounced to keep it afloat, yet these morons want us to believe that they have the answer. If you believe that you'll believe anything.
 
Jamie McKane said:
Ramaphosa's plan to save Eskom

In his State of the Nation address on 11 February 2021, President Cyril Ramaphosa outlined a number of priorities for the government's national recovery plan.

"This evening, we stand here not to make promises but to report on progress in the implementation of the recovery plan and the priority actions we must now take to restore growth and create jobs," Ramaphosa said.
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What progress?
 
Flywheel said:
That lying goatloving corrupt thieving pos is reciting poetry and talking a whole load of bullshyte like we are supposed to believe his sugar-coated words?

To listen to him is actually physically painful to the ears.
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Where are his brains? Doubt that he has any
 
Shadowchaser1 said:
So this is a plan? Hike tariffs and there will be still be load shedding? Really and he's the Pres of SA? You can't make this **** up. Glad I left in 2003.
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You made the right move. As far as leaders of this country are concerned, they are getting more brainless
 
Genisys said:
Let me ask a logical question. Can Eskom be "saved" or is it too late? (Simple answer is, it can't be saved, complicated answer is, it will likely end up taking more time than we will be alive)
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Why so negative? If we can save SAA we can save Eskom!
 
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