The government is looking into solutions to Eskom’s unsustainable debt burden but the power utility would be required to comply with obligations, says President Cyril Ramaphosa.
“If we are going to do something about that debt, there are certain obligations that we are going to impose on them; there’s nothing for nothing in this world,” Ramaphosa said on Wednesday...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
This conditions have to be weighed against the impact loadsheding has on businesses. This affects health sector putting lives of patients in precarious condition.
Why the fuck must we pay for the ANC's thievery!?
Aah, like it did with SAA !!
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Energy expert calls for Gordhan removal amid load shedding crisisAn energy expert has called for the removal of Public Enterprises Minister Pravin Gordhan, as we go into another week of rolling blackouts.
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Govt begins process to restructure Eskom boardPublic Enterprises Minister Pravin Gordhan announced on Tuesday that he has started the process to restructure the current board. yes fire your all Restructuring correctly on merits. No incompetent members with no experience/dodgy in this field of energy! I saw several people testifying of making so much money with the help of EliDonovan01 on Bitcoin option trade and I decided to give it a try and now I'm glad now she helped me and my colleagues to make R40,000 in one week, thank you EliDonovan01 for transparency and trust.
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Government to ‘restructure and reconstitute’ Eskom boardThe minister of Public Enterprises, Pravin Gordhan, has informed the current board at struggling power utility, Eskom, that the government has finalised a review with the board set to be reconstituted and restructured.
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Ramaphosa says solutions to Eskom’s debt will come with conditionsPravin Gordhan tells parliament load-shedding is likely to continue for up to 12 months, but attempts will be made to keep it to stage 2 Aah, like it did with SAA !! This conditions have to be weighed against the impact loadsheding has on businesses. This affects health sector putting lives of patients in precarious condition. Why the fuck must we pay for the ANC's thievery!?
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