I think I'm saying the cost to Eskom of loadshedding on a daily basis is more than what gets added to the fiscus.
Finance is not my strongest suite but R5 billion income lost to Eskom is R5 billion that could have gone towards paying some of their debt ( apart from everything else they need income for ).
It also means the daily SARS revenue is less than what Eskom loses on a daily basis.
( that could probably have been said in one line by someone who has more of a clue ).
There is no cash injection needed. The problem started 25 years back. Run by the ANC.
Nelson made the biggest mistake.
1) Free electricity
2) Free water
3) Free housing
They did not realize were is the money coming from.
They don't think past there noses.
As long as the ANC is in power we will run from crises to crises.
CR will not steady the boat as long he does not clean the ANC. They will undermine him totally.
He can't do this. The party is to big.
We need a coalition government and run with people that can do the work. This will also not happen.
Look at the structures from top to bottom filled with ANC cadres. Do you think they will render positions to cozy.
so let me ask this,
if something breaks now, that was supposed to be only for use in crisis? like that turbine @HunterNW mentioned.
what would happen? realistically?
do you believe the system will be strong enough to withstand such a failure with already so much also broken?
I mean yes, im sure it was strong and capable once upon a time, but now, with years of maintenance not being done correctly?
you still think it will survive? and even with a total shutdown/blackout, will it come back online?
serious question, maybe the ex eskom engineers posting from australia and europe can answer me?