No relief from load-shedding as Eskom’s diesel budget runs dry

Seven months into its current financial year, Eskom has already exceeded its R11bn diesel budget by about R1bn, which means that for the next few months it will struggle to afford to run its diesel-powered emergency generation fleet.

Presenting the state of the system outlook for the 2022/ 2023 summer period, Eskom COO Jan Oberholzer told journalists the power company was now in the “difficult position” where it is forced to implement load-shedding because it does not “have the money to burn diesel at the rate [it] has been doing up to now”...

I'm getting myself a chainsaw and a drievoet.

Well Eskom could have used all outstanding monies from Municipalities which it has just written off. So what is your excuse, Mr de Ruyter?

The COO showed great accountability!! And responsibility in that meeting. Go look!!!It plain and simple…if you do have the money…you cannot do it! He was straight up honest! Real! Eskom does not have the money to buy diesel to burn! Because the entitled do not pay their bills!

🤨

Just like its diesel tanks

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