Minister of Public Enterprises Pravin Gordhan has said that his department and National Treasury will assist embattled power utility Eskom to fast-track the procurement of"essential goods and services" required to urgently repair generating units at local stations.
South Africans suffered two days of load shedding over the weekend. Eskom has said Stage 4 load shedding will be implemented on Monday as it battles generation constraints. Load shedding may also take place on Tuesday.In a statement on Sunday evening Gordhan said"greater urgency needs to be applied to acquire equipment necessary for urgent maintenance".
"We agree with South Africans that the continuation of frequent load shedding, and in particular Stage 4 load shedding, is unacceptable and disruptive to our economy,” he said. This comes after a meeting between Gordhan, officials from the department of public enterprises, Eskom board members and senior management.Gordhan did not say what goods and services were urgently needed, or how much the procurement would cost.
The minister added that closer examination of the quality of coal delivered to and accepted at Eskom power stations is required."The South African public is requested to understand that many power stations are between 37 and 50 years old and many operate at sub-optimal levels due to their age," read the statement.
Source: Financial Digest (financialdigest.net)
Fin24 Too many Genius' making observations after the fact. Yes, the Titanic is sinking, pretty obvious.
Fin24 Saying so ain't going to help,you ANC-lackey;DO SOMETHING about incompetent Eskom and their evil loadshedding;You KNOW what the problem is,grow a spine,deal with it;Markets will recover if you react honestly,even if solutions are longterm;But Markets wont tolerate lies
Fin24 No shit Sherlock - any load shedding
Fin24 We might believe you if someone is arrested that caused this train wreck. Until then STFU
Fin24 Julius warned us about this fellow, but we don't listen, it's okay guys keep asleep
Fin24 Eskom wins again, more money will be pouring into this embattled entity, it's the main reason for the load-shedding, no R100 billion bailout, so bring the country to a halt until the government reacts.
Fin24 bring back koko_matshela & BrianMbm1
Fin24 God help this country!!!!!! The ANC and it’s cadres the EFF and BLF ain’t going to much about it and as far as the DA, well they are a bunch of Foxterriers without teeth that come out of there kennels every time there is an election. All bark and no action!
Fin24 So .... do something!!!
Fin24 Someone with brains
Fin24 So please do something about it !
Fin24 Yes give them more money up the price of electricity. Then switch everything off. Really
Fin24 Things have to change Mr President stuck in the Metro train for 3 hours because of electricity.
Fin24 It's all yo fault Joshua door.
Fin24 Mr Gordhan please go set up your office at Eskom, and crack the whip.
Fin24 4a is off twice a day.
Fin24 Four outages in 48 hours thanks the da city power.
Fin24 Well do something you and old Cyril said nothing while the anc thieves wees steal in everything.
Fin24 But a reality....thanks to ANC
Fin24 Yes, not fear to us in SA, WE SUFFER BIG TIME HERE, NOT FEAR.... 😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡
Fin24 Really? OUTASA chrishartZA PigSpotter
Fin24 And this Idiot voted 8 Times for Zuma and the corrupt ANC ...... 8 TIMES !!!
Fin24 ProudlyBroughtByANC
Fin24 No shit Sherlock
Fin24 Your party's apathy and ineptitude is too.
Fin24 Privatise or sell this damn thing
Fin24 A minister like this is unacceptable
Fin24 So tell us how, by who and by when the problem will be fixed. We are sick and tired of PG's warra warra.
Fin24 I can tell you that just before the elections there won't be load shedding
Fin24 'Solution: (noun) - a means of solving a problem or dealing with a difficult situation.' Sir, you neither 'solving' or 'dealing' with this matter. May I add, all this has been falling apart under your MYANC watch. It's not just a Zuma issue.
Fin24 ANY loadshedding is disruptive to the economy Mr Gordhan !!
Fin24 Whose providing the coal that is said not to be of quality
Fin24 😂
Fin24 Imagine how much Eskom Is Costing this economy right now. This is why business and government must come together to assist and support the return of the power to normality.... FFSGetItTogether JunkIsARealThing we can ill afford...
Fin24 I think we know that. Vote rfe cANCer OUT NOW
Fin24 Lol u dragging your feet to make decision bcz of elections
Fin24 Thanks Captain Obvious!!! But what is being done about Mr State Owned Eterprises Minister?
Fin24 It’s like a thief stealing a candy bar from a store and then saying to the owner that it’s unacceptable that that happened. Doesn’t make sense. In this case, of course, the candy bar causes massive national blackouts.
Fin24 Then what are you going to do about it sir? How about starting with uncovering the lies about our generation capacity? Clearly we rely more heavily on Mozambique than Eskom is letting on. pravingordhan
Fin24 Loadshedding as a concept is unacceptable . No stage of loadshedding should be allowed. Get your Eskom on track or privatise! Or allow IPPs to delver to grid!
Fin24 One of the many reasons I'm not voting ANC
Ahoembawe Fin24 No shit Sherlock 🙄
Fin24 we dont eat press statements. There is chaos in de economy which needs an urgent response. kante what r ppl paid to do at eskom. Incompetence in de name of restoring good governance
Fin24 What Eskom is not telling us …
Fin24 He must tell something we don't know, we want to know what the solution is
Fin24 No shit Sherlock
Fin24 Why not use the wind farms....
Fin24 If it is true that a supplier refuse to supply parts on terms, that supplier should be charged with treason. Unless, off course, it is again an Eskom ploy to keep the money coming.
BbmblondeGene Fin24 They noticed!
Fin24 That is general knowledge Gordhan😳. The other unacceptable aspect is Gordhan, Jeff, Jabu Mabuza, and the entire board overseeing Eskom. Do we need all of of you guys? You are the main problem, trying to push your own interest, not Eskom's or the country's interest
Fin24 Let's face it & its the truth, this country is in a mess because of greed & corruption. Its going to take one great person irrespective who that is to fix this mess.
Fin24 They keep blaming old infrastructure, yet they haven't built a single meaningful power station in 25 years. When load shedding miraculously goes away before elections, the cANCer is gonna gloat, only to be back in this situation after 8 May...
Fin24 The 30%ers wont understand.
Fin24 EFFSouthAfrica Julius_S_Malema Jesuz plz come now, 8th of May is too far
Fin24 Cognitive dissonance much ?
Fin24 Pravin GORDHAN thinks we are eating and lighting his statements, and takes us for fools like Herman Mashaba, we dont care what he says we wants electricity
Fin24 Dear people... All our complaints will just fall on deaf ears.... Sigh
Fin24 Politicians are boring people.
Fin24 Tell us something we don’t know. Talk talk talk and nothing changes 😡
Fin24 What an amazingly useless and obvious comment. Gordhan has been part of this sinking ship for years now. The ANC needs to stop talking and start sorting out this bullshit, but we all know it is not going to happen. It is truly sad times for all. useless captainobvious worrying
Fin24 Tsek
Fin24 Please explain why some areas have experienced NO loadshedding while other areas are shed up to twice a day?!?!
Fin24 ANC has failed to govern S Africans now its the time we take different path vote carefully we can't be held ransom by eskom especially the poorest where as Guptas are living lavishly in Dubai
Fin24 Mxm
Fin24 Mass protests and and country shutdown is coming.
Fin24 No ways, never knew that 🤔
Fin24 PG and his ANC have Failed our Country
Fin24 But it’s your fault.
Fin24
Fin24
Fin24 Give us the truth sir. Fire pool politics are for idiots.
Fin24 ANY loadshedding is unacceptable Mr Gordhan. There’s expectation management in your statement.
Fin24 Talk is cheap. Please do something Mr Gordhan. You and President Ramaphosa both.
Fin24 Look who is talking,Adrian Basson father in law
Fin24 Tell us the truth. The whole truth and nothing but the truth. Then we know how deep we are in the dwang. Then we can plan. There are loads of clever people outside government that can think up solutions. Listen to them.
Fin24 So I can take the lost of income against my profit? Salaries that was paid for sitting around
Fin24 We know that! Why is it still happening under your omniscient watch? What's the panel of experts doing? Why do power stations keep going out? You held a presser and told us you are going to bring this under control why are we subjected to 6 hrs of no power per day?
Fin24 So what’s he doing about it
Fin24 Sget it is a reality. Me thinks the MYANC government is unacceptable and disruptive to the economy?!
Fin24 Gordhan is ANC's good Cop. The others, the bad cops, keep on looting.
Fin24
Fin24 Same old song from this criminals
Fin24 Same statement every time no solution at all
Fin24 The other head of the cANCer snake speaks.
Fin24 When is PG going to take the country into his confidence? This country is bleeding
Fin24 What is disruptive to the economy is 'Saint' Pravin.
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