From once having a vast energy surplus, the South African government has not made any of the necessary provisions for new coal plants and now faces catastrophic energy shortages.
Eskom CEO, Phakamane Hadebe said “a steady decline in coal levels is threatening the firm’s ability to keep the lights on.”
Eskom Chairman, Jabu Mabuza added “Eskom is in a state of severe financial difficulty. In its current state Eskom is not sustainable.”
This dark reality spells severe problems for the economic future of South Africa and the day to day lives of all its citizens.
Chamber of Business CEO, Melanie Veness said that this inefficiency and corruption was “unacceptable”.
The private sector is already struggling with poor economic conditions. “People are trying to create jobs, but this will be impossible to do with load shedding.”
She said, “If load shedding is extended to 2020, the damage to b
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