Efficient Group chief economist Dawie Roodt said Eskom is a bankrupt company which cannot be saved, which means that the private sector will have to provide the country\u2019s electricity.<\/p>\n
Speaking to the SABC, Roodt predicted that Eskom would go the same route as South African Airways (SAA) and the Post Office.<\/p>\n
The private sector has already taken over many of SAA and the Post Office\u2019s functions, like providing local and international flights and delivering packages across the country.<\/p>\n
\u201cBecause state-owned enterprises are falling apart, the private sector is taking over services which the state used to provide,\u201d Roodt said.<\/p>\n
Roodt said it is unlikely that Eskom can be turned around because there is no political will to do what is needed.<\/p>\n
Eskom has a bloated workforce. It currently employs around 43,000 people, which Roodt said must be reduced by 20,000.<\/p>\n
\u201cThe only way to save Eskom is to cut the number of workers who are overpaid and underworked,\u201d he said.<\/p>\n
\u201cIf Eskom was a private company, it would be in business rescue, and tens of thousands of people would have lost their jobs.\u201d<\/p>\n
However, it is not happening because the government and politicians do not have the political will to face reality and make hard decisions.<\/p>\n
\nThe duct that connects Kusile Unit 1 to the smoke stack has failed.<\/p>\n
Unit 1, 2 and 3 connect to one smoke stack.
\nUnit 1 now down.
\nUnit 2 was off, and remains off as precautionary measure.
\nUnit 3 was generating, and remains generating. https:\/\/t.co\/51uuIHvu3z<\/a><\/p>\n\u2014 Chris Yelland (@chrisyelland) November 2, 2022<\/a><\/p><\/blockquote>\n