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Turning Eskom around
Eskom was once one of the world’s leading power producers and by the end of 1990 it supplied more than half the electricity in Africa.
What is particularly impressive was Eskom’s efficiency. In its 1994 annual report, it promoted the fact that it was the world’s lowest-cost producer of electricity.
Fast-forward 25 years and Eskom is a shadow of its former self. It is unable to keep the lights on and South Africans are now paying more than ever for this unstable electricity supply.
Eskom was once one of the world’s leading power producers and by the end of 1990 it supplied more than half the electricity in Africa.
What is particularly impressive was Eskom’s efficiency. In its 1994 annual report, it promoted the fact that it was the world’s lowest-cost producer of electricity.
Fast-forward 25 years and Eskom is a shadow of its former self. It is unable to keep the lights on and South Africans are now paying more than ever for this unstable electricity supply.
