Time for a second state-owned power utility to compete with Eskom - Ramaphosa

[Jan]

Ramaphosa says a second Eskom to compete with Eskom "not a bad idea"

President Cyril Ramaphosa has said that one of the government's solutions to South Africa's load-shedding problem is introducing another state-owned power utility to compete with Eskom.

He also emphasised that rumours that the government was planning to sell the utility to a private company are false, adding that it has embarked on a complete overhaul of South Africa's SOEs.

 

[KleinBoontjie]

double the debt, double the loadshedding, double the fun....


EDIT: competing who will strike the most

 

[RedViking]

These clowns are absolutely nuts. Clock is ticking and they trying to grab as much as possible.

 

[Enzo Matrix]

We need a 5th eskom and 5 more threads on this

 

[porchrat]

double the debt, double the loadshedding, double the fun....

lol I hadn't thought of this.

Eskom's already changing stages more frequently than I change underwear. I can't cope with having to deal with multiple stage warnings from multiple suppliers each under their own supply constraints because government couldn't organise a piss-up in a brewery.

 

[KleinBoontjie]

Probably another hike in electricity, to fund the second "Eskom".

 

[AlphaJohn]

Rama camp don't wanna share with Zuma camp, so now they wanna make their own honey pot.

 

[Harmonic]

Can we please name it Eishkom?

 

[mpdjhb]

To differentiate between the two, can I suggest that the new one produce electricity?

 

[lordnokon]

We require a private Eskom... Not government owned...

 

[FTP]

First rule of government spending: Why buy one for the price of one if you can buy 2 for the price of 2.

 

[dualmeister]

I just sprayed water out of my nose.

The ANC's solution. The country is in crisis. Let's open up more tender opportunities to enrich our comrades.

They have totally lost the plot

 

[As1974a]

How will they divy up the infrastructure. There no money for new infra.
Will they compete for loadshedding slots in the schedules?

 

[am-user]

Can we please name it Eishkom?

Eish-kommi !

 

[Peon]

This is almost on par with making des van rooyen the finance minister.

 

[dualmeister]

How will they divy up the infrastructure. There no money for new infra.
Will they compete for loadshedding slots in the schedules?

When the one is off the other one will be on.

 

[deweyzeph]

This is the equivalent of rushing to a burning building and instead of putting the fire out, deciding to just build another building next to it. This government has well and truly lost the plot.

 

[quovadis]

Lol. These guys.

 

[dualmeister]

Or instead of fixing the potholes, let's rather build a new city.

How on earth is Dramaposer president

 

[Cranjus McBasketball]

Yes, fix the state owned enterprise that was broken by the state with more state. Join me in a standing ovation.

Next, we'll explore how to put out a fire with more fire.