Sell Eskom

[Daily Investor]

Sell Eskom

Bongani Motsa, a senior economist at the Minerals Council in South Africa, argues that it is time for the government to sell Eskom.

 

[wingnut771]

To who? How much? R50?

 

[ld13]

To who? How much? -R50?

FTFY

 

[BBSA]

While I agree that he is not necessarily wrong, I am uncertain about the likelihood of finding a buyer. It may be more feasible for them to sell off some of their power stations in order to pay off their debt.

 

[wingnut771]

While I agree that he is not necessarily wrong, I am uncertain about the likelihood of finding a buyer. It may be more feasible for them to sell off some of their power stations in order to pay off their debt.

How will selling power stations for -R50 pay off their debt?

 

[Dolby]

If - hypothetically - it was sold off to someone that fired the deadwood, ended corruption, started the rebuild process - how long would it take before we’re ‘normal’ again?

 

[wingnut771]

If - hypothetically - it was sold off to someone that fired the deadwood, ended corruption, started the rebuild process - how long would it take before we’re ‘normal’ again?

Never as there is no State support. You need functioning railways and Police to make it work.

 

[My_King]

How will selling power stations for -R50 pay off their debt?

Huh, he did not say sell it for -R50

 

[Bliksis]

I'm reading too many DailyInvestor articles today.

 

[wingnut771]

Huh, he did not say sell it for -R50

Ok, who will buy these power stations and for how much? I bet they won't be able to give them away for free.

 

[Vorastra]

Oh look, I'm right again. So it's not impossible as @RonSwanson, the big brain, seems to think.

 

[Vorastra]

@wingnut771 I will hold this grudge for an eternity.

 

[saor]

Don't need to sell just open power supply up to private enterprise and let capitalism do it's thing. Instead of state owned failures lining up like fallen dominoes.

 

[Vorastra]

Never as there is no State support. You need functioning railways and Police to make it work.

"My shìt is being stolen."
Police: "Yes, and?"