Gordhan: Eskom not about to collapse

JOHANNESBURG – The Public Enterprises Ministry and the Treasury say the financial and operational damage done to Eskom is huge but insist that things are under control and the utility is not on the brink of collapse.

Last month, Eskom was forced to turn to the government for an emergency bailout after failing to secure an R7 billion loan from the China Development Bank.

And we must believe you, why?

Were his lips moving when he said that. He is ANC after all and it is election season as well.

It's bankrupt, corrupted to the core, over-staffed, under producing, not maintained and under-skilled. What is left to collapse?

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