asked in an interview: “Otherwise then why do we have the regulator? Why do we have the department of public enterprises as a shareholder? Why do we have the department of mineral resources and energy, if the president knows what he is doing?”
“This two-year proposed time frame is being thrown around by an institution that has not tabled a coherent and convincing road map on what they intend to do to drastically scale down electricity cuts just in the next six months,” the federation said. Despite signing the compact, Cosatu said, the government has continuously postponed the implementation of its key commitments.
These forces have played a part in Eskom’s drawn-out privatisation push, which has found expression in many different forms over the years, each of which have been a difficult sell in a social democracy.The initial privatisation bid in the late 1980s resulted in the utility eventually being moved to the department of public enterprises, established to oversee the restructuring of the country’s state-owned entities in line with Thatcherist policy.
In the years since the utility’s move to the department of public enterprises, the country’s energy demands have grown, eventually outstripping supply, while Eskom’s tariffs have fallen in real terms.
Show me one SOE that is not in trouble F$&k the ANC
65474955cab14d1 Gov as sole Escom shareholder soley responsible for crisis which Government itself prepared, baked, cooked and garnished, fully served to South Africa - when it failed to heed calls from the Utility for more Power Stations years ago. Coupled with racist BEE = Socialist Darkness.
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