On the back of another blow to Eskom’s stability, this time the resignation of CEO Phakamani Hadebe, the Democratic Alliance will re-table its Independent Systems Market Operator Bill, known as the Cheaper Energy Bill, the party said on Sunday.
Eskom’s monopolistic stranglehold on electricity production and distribution had to be broken. The DA had a plan to stabilise and secure South Africa’s power supply, and this was contained in its Cheaper Energy Bill which sought to break Eskom into two separate entities – a generation and transmission/distribution entity, she said.
At the same time, Eskom needed to start trimming the fat around its employment expenses, especially considering its bloated workforce, Mazzone said. “Eskom and our economy are in deep trouble. Experts estimate that each stage of rolling blackouts, euphemistically referred to as ‘load shedding’, costs the country R1 billion per stage, per day.
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