Reality will hit home soon, Eskom needs to sell less power for more money because they can't produce enough anymore. Consider the contract length for the so called "Power Sips". If Eskom was able to recover we don't need them for that length of time.
Corruption killed Eskom, Corruption will kill our Industry and Economy. How many hours of work have you lost for this year?
In 2022 It is estimated that Eskom lost 11839 GWh. In 2023 we are at an estimated net loss of 19282 GWh. That means you can realistically do LESS work than what you did last year.
Now consider living cost and how it is increasing on a monthly base. Eskom has a strangle hold on our economy. I promise you now, if this continues we will have public outcry at Biblical scale. How long can people go without food or drinkable water? That is what Eskom IS attacking right now.
I am not trying to be an alarmist but for f_ck sake it is obvious at this point. China's intervention will not work long term. Corruption will not allow it to work. In short if you live in the City... Now is a good time start moving out. $hit is about to get real and it is aimed at us.
Market devaluation will create vacuum and employment will hit the ground harder then an anvil that is dropped from orbit. Installing solar at your home is not enough. 2024 is going to be a disaster year if we can't get our $hit together.
